What were the major policy initiatives of the New Deal in the Hundred Days?
Some of the major policy initiatives of the New Deal in the first
Hundred Days included the Emergency Banking Act, The National Industrial
Recovery Act, The Economy Act, and Agricultural Adjustment Act. The
Emergency Banking Act was passed on March 9, 1933 in order to "provide help
to banking systems on the verge of collapse."(Foner 762) The act provided
funds to threatened banking systems. In addition, the Glass-Steagall Act
disallowed commercial banks from involvement in the stock market because of
unlawful practices that led to the stock market crash. Also, President
Roosevelt "severed the link between the country's currency and gold
reserves," thus allowing banks to create as much money as they wished.(762)
As a result, not a single bank failed in 1936.
Another important initiative of the New Deal was the National
Industrial Act which helped to stabilize the economy by cooperatively
setting prices and working conditions with businesses to prevent cutthroat
competition. Moreover, Congress created the Federal Emergency Relief
Administration, an government agency that provides grants to those in need.
However, President Roosevelt wanted to create job opportunities for those
individuals such as building roads and parks instead of handing out free
grants. Consequently, both sides would win. The creation of the
Homeowners Loan Corporation and the Federal Housing Administration made
"owning a home possible for millions of families."(767) It was
realistically cheaper to own a home than to rent an apartment. Some of the
New Deals succeeded on improving the economy and some failed, but it was a
How did the United States government mobilize Americans for the war effort
Aside from mobilizing resources such as producing armed vehicles at
automobile factories for the war effort during World W
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