Alphabet Agencies
TVA - Tennessee Valley authority - Diking of mississippi River (very keynesian)
FCA - Farm Credit Association - Stablilize agricultural prices
NRA - National Recovery Administration - Stabilize prices and improve labour conditions
CCC - Civil conservation Corps
AAA - Agricultural Adjustment Act
FCA - Farm Credit Association - Stablilize agricultural prices
NRA - National Recovery Administration - Stabilize prices and improve labour conditions
CCC - Civil conservation Corps
AAA - Agricultural Adjustment Act
In his inaugural address on March 4, 1933, he declared: "This nation asks for action and action now." With the famous phrase, "the only thing we have to fear is fear itself," he promised to exercise "broad executive power to wage war against the Depression." What followed was a dizzying array of initiatives. Roosevelt immediately gathered a "Brain Trust" of economic advisors and instructed his staff to "take a method and try it. If it fails, try another. But above all try something." In his first hundred days in office, Roosevelt called Congress into emergency session and launched a record fifteen major pieces of legislation. Between 1933 and 1938 the administration and Congress created dozens of federal programs collectively known as the New Deal, and often referred to as the "Alphabet Agencies."