24 mars 1933 - The Beginning of the First Hundred Days

Description:

All done in the first 100 days,

- Creating the following agencies, The Civillian Conservation Corps, the Home-Owners Loan
Corporation, the Farm Credit Administration, the Federal Emergency relief Administration…

- Enacted tighter government regulation of the economy through the National Labor Relations Act, the Social Security Act, the Farm Tenancy Act…

- Took the USA off the Gold Standard, which allowed them to spend more money than gold they had in reserve. Effectively allowed the government to print more money and spend it on public work programmes and relief.

- Guaranteeing all bank investments under $5000. Causing more people to invest back in
the banks.

Ajouté au bande de temps:

Date: