notes
- TVA- Tennessee Valley Authority- Diking of the Mississippi River (Very Keynesian)
- FCA- Farm Credit Association- Stabilize agricultural prices
- NRA- National Recovery Administration- Stabilize prices and improve labour conditions
- CCC- Civil Conservation Corps
- AAA- Agricultural Adjustment Act
- FCA- Farm Credit Association- Stabilize agricultural prices
- NRA- National Recovery Administration- Stabilize prices and improve labour conditions
- CCC- Civil Conservation Corps
- AAA- Agricultural Adjustment Act
video
summary
Alphabet agencies were established by Roosevelt in order to reverse the plummeted economy. They were aimed to pump money back into the economy by giving the unemployed jobs. TVA helped unemployed workers. FCA helped farmers make a real living. NRA introduced minimum wages and labor conditions. CCC allowed youth to help work (boys club) and help economy. AAA made sure people didn't over farm, and farmed with the right techniques