First is the Emergency Banking Act. The first things that Roosevelt did when he was president was to get Congress to pass the Emergency Banking Act. On the beginning on the day of February 14th of the year of 1933, Michigan had been hit particularly hard by the Great Depression, declared an eight-day bank holiday. Fears of other bank closures spread from state to state as people rushed to withdraw their money. Within weeks, thirty-six other states had held their own bank holidays in an attempt to stem the bank runs. The banking system seemed to be on the verge of collapse. This act was to prevent panic withdrawals of funds from banks by the public. This act was also called for the banks to close, be evaluated by the government, and to
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Congress also was able to pass the Federal Emergency Relief Act on the date of May 12th, 1933. Roosevelt realized that the most of the federal government’s relief efforts had never been successful because they often got stuck in political wrangling. So in order to prevent these problems, Roosevelt told Hopkins to focus on action rather than the complications of politics. The Federal Emergency Relief Act, which can also be referred to as FERA, had three goals. They were, one, they wanted to be effective, two, they provided work for employable people on the relief rolls, and three, was to have a diverse variety of relief programs. Federal Emergency Relief Act provided grants from the federal government to state governments for a variety of projects in fields, such as, agriculture, the arts, construction and education. Many people were receiving relief aid and were highly trained, skilled workers. The hope was that by providing many different types of jobs and salaries and they were similar to workers’ previous jobs that the whole country would have benefits on. About five hundred million dollars was made available to individual states for relief to the unemployed. Some of the money was given out as work relief, and by doing this, it gave people a sense of worth and dignity as they earned their …show more content…
The Agricultural Adjustment Act, which can also be referred to as AAA was passed in May and was given farm prices “equality of purchasing power.” This act gave farmers higher prices for less production, and they were also paid not to farm certain amounts of acreage of crops, such as, wheat, cotton, corn, tobacco, and rice. Also, they could produce more than specified quotas of hogs, milk, and milk products. This rule of restriction bothered most of the farmers, but they accepted it as a temporary measure to help the economy and themselves. Since of legal problems, a modification of the same act was passed on in 1936 to replace the Agricultural Adjustment Act. The main addition provided that farmers who practiced soil conservation that would be paid by the government for doing so. There was another bill, it was commonly referred to as the second Agricultural Adjustment Act, and it was passed in the year of 1938. In addition to paying farmers not to produce certain acreage. The second Agricultural Adjustment Act provided for surplus crop to be bought and stored by the government for bad years that might
Congress also was able to pass the Federal Emergency Relief Act on the date of May 12th, 1933. Roosevelt realized that the most of the federal government’s relief efforts had never been successful because they often got stuck in political wrangling. So in order to prevent these problems, Roosevelt told Hopkins to focus on action rather than the complications of politics. The Federal Emergency Relief Act, which can also be referred to as FERA, had three goals. They were, one, they wanted to be effective, two, they provided work for employable people on the relief rolls, and three, was to have a diverse variety of relief programs. Federal Emergency Relief Act provided grants from the federal government to state governments for a variety of projects in fields, such as, agriculture, the arts, construction and education. Many people were receiving relief aid and were highly trained, skilled workers. The hope was that by providing many different types of jobs and salaries and they were similar to workers’ previous jobs that the whole country would have benefits on. About five hundred million dollars was made available to individual states for relief to the unemployed. Some of the money was given out as work relief, and by doing this, it gave people a sense of worth and dignity as they earned their …show more content…
The Agricultural Adjustment Act, which can also be referred to as AAA was passed in May and was given farm prices “equality of purchasing power.” This act gave farmers higher prices for less production, and they were also paid not to farm certain amounts of acreage of crops, such as, wheat, cotton, corn, tobacco, and rice. Also, they could produce more than specified quotas of hogs, milk, and milk products. This rule of restriction bothered most of the farmers, but they accepted it as a temporary measure to help the economy and themselves. Since of legal problems, a modification of the same act was passed on in 1936 to replace the Agricultural Adjustment Act. The main addition provided that farmers who practiced soil conservation that would be paid by the government for doing so. There was another bill, it was commonly referred to as the second Agricultural Adjustment Act, and it was passed in the year of 1938. In addition to paying farmers not to produce certain acreage. The second Agricultural Adjustment Act provided for surplus crop to be bought and stored by the government for bad years that might