Its purpose was to offset the effects of the Depression by establishing federal programs of recovery, relief, and reform, or the three R's, using government intervention and federal money. ... The first of these acts was the Emergency Banking Act, which provided for federal bank inspections, and the Glass-Steagall Act provided insurance for depositors through the newly formed Federal Deposit Insurance Corporation, which restored confidence in the banks. ... In 1933 the Federal Emergency Relief Administration was established and headed by Harry Hopkins. ... In 1935 the New Deal made furthe...

• Word Count: 1193
• Approx Pages: 5
• Grade Level: Undergraduate

On his second day in office, FDR called for a special session of Congress which would ultimately establish numerous emergency organizations, notably the National Recovery Administration (NRA), which attempted to stabilize prices and wages through cooperation between the government, business, and labor, the Federal Deposit Insurance Corporation (FDIC), which used various means to rebuild trust in banking, the Agricultural Adjustment Administration (AAA), which aided farmers through compensation, the Civilian Conservation Corps, and the Public Works Administration; both of which employed many pe...

• Word Count: 3128
• Approx Pages: 13
• Has Bibliography
• Grade Level: Undergraduate