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The Agricultural Adjustment Act

The Social Security Act (SSA), that was made during the second new deal was created in order to create “a system of Federal old-age benefits, and by enabling several States to make more adequate provision for aged persons, blind persons, dependent and crippled children, maternal and child welfare, public health, and the administration of their unemployment compensation laws; to establish a Social Security Board; to raise revenue; and for other purposes”.

The Agricultural Adjustment Act (AAA), was established in order to balance supply and demand for farm commodities so that prices would support a decent purchasing power for farmers. [AAA controlled the supply of seven "basic crops" – corn, wheat, cotton, rice, peanuts, tobacco and milk – by offering payments to farmers in return for taking some of their land out of farming, not planting a crop]”.

National Recovery Administration

The National Recovery Administration (NRA), was created by “representatives of business, labor, and government, [who] would establish codes of fair practices that would set prices, production levels, minimum wages, and maximum hours within each industry. The NRA also supported workers' right to join labor unions. The NRA sought to stabilize the economy by ending harmful competition, overproduction, labor conflicts, and deflating prices”.

The Second New Deal

The “second” New Deal introduced government-sponsored retirement plans (Social Security Act), increased government employment (Works Progress Administration), and minimum wages (Fair Labor Standards Act).

The First New Deal

The “first” New Deal was launched during the first two years of the Roosevelt presidency, and focused on measures to stabilize the banking system (Emergency Banking Act), ensure bank deposit security (Banking Act of 1933), increase confidence in the stock market (Securities Act of 1933), as well as the more controversial National Recovery Administration, which was designed to reduce price competition.

A series of domestic programs designed to help the United States economy from the Great Depression. The New Deal was launched in the early 1930s, and was designed to strengthen the United States economy, reduce unemployment, and instill confidence in the government’s ability to protect its citizens.

The New Deal

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