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The First New Deal (1933–1934) dealt with the pressing banking crisis through the Emergency Banking Act and the 1933 Banking Act.The Federal Emergency Relief Administration (FERA) provided US$500 million (equivalent to $11.8 billion in 2023) for relief operations by states and cities, and the short-lived CWA gave locals money to operate make-work projects from 1933 to 1934. [2]
The New Deal coalition was an American political coalition that supported the Democratic Party beginning in 1932. The coalition is named after President Franklin D. Roosevelt 's New Deal programs, and the follow-up Democratic presidents.
Share Our Wealth was a movement that began in February 1934, during the Great Depression, by Huey Long, a governor and later United States Senator from Louisiana. [1] Long first proposed the plan in a national radio address, which is now referred to as the "Share Our Wealth Speech". [2]
The alphabet agencies, or New Deal agencies, were the U.S. federal government agencies created as part of the New Deal of President Franklin D. Roosevelt. The earliest agencies were created to combat the Great Depression in the United States and were established during Roosevelt's first 100 days in office in 1933.
Nevertheless, Nixon largely continued the New Deal and Great Society programs he inherited. [179] Conservative reaction would come with the election of Ronald Reagan in 1980. [180] In addition, throughout the Sixties and Seventies Congresses dominated by the Democrats carried out a range of social initiatives.
During his first 100 days as president, Roosevelt spearheaded unprecedented federal legislation and directed the federal government during most of the Great Depression, implementing the New Deal, building the New Deal coalition, and realigning American politics into the Fifth Party System.
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[2] The issue here is if the New Deal marks something radically new (change) in US history or if the New Deal can be understood as a continuation (continuity) of tendencies in American history that were in place well before the 1930. The dichotomy is important in relation to constructing, discussing, and evaluating historical periodizations.