TABLE 22.1 Major New Deal Measures, 1933–1938
YearLegislationPurpose
1933National Industrial Recovery ActGovernment, business, labor cooperation to set prices, wages, and production codes
Agricultural Adjustment ActPaid farmers to reduce production to raise prices
Civilian Conservation CorpsJobs for young men in conservation
Public Works AdministrationConstruction jobs for the unemployed
Federal Emergency Relief ActRelief funds for the poor
Tennessee Valley AuthorityElectric power and flood control to rural areas
Glass-Steagall ActInsured bank deposits and separated commercial from investment banking
1934Securities and Exchange CommissionRegulated the stock market
1935Social Security ActProvided retirement pensions, unemployment insurance, aid to the disabled, and payments to women with dependent children
Wagner ActGuaranteed collective bargaining for unions
Works Progress AdministrationProvided jobs to 8 million unemployed
1938Fair Labor Standards ActEstablished minimum hourly wage and maximum weekly working hours