Essential Question: What was the first New Deal?
I. The First New Deal, 1933-1935
A. Regulating the Banks
1. Emergency Banking Act made federal loans to private
bankers
2. Glass-Steagall Act (1933) created Federal Deposit Insurance
Corporation to insure bank deposits
B. Providing work projects
1. Civilian Conservation Corps put more than two million
single young men to work planting trees, halting erosion, and
otherwise improving the environment
2. Public Works Administration sponsored improvements to
nation�s bridges, roads, sewage systems, hospitals, airports,
and schools
a. Labor needed for projects would shrink relief rolls and
reduce unemployment
C. Rural Assistance
1. Agricultural Adjustment Act (1933)
a. Paid farmers to leave a certain amount of land unseeded
-Reducing supply would boost crop prices
D. Food, Clothing and Shelter
1. Federal Emergency Relief Administration
a. Provided direct relief to the needy
-Food, clothing, and shelter
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