Herbert Hoover was president when the Crash occurred but felt that the government should not become overly involved in helping individuals dealing with economic troubles. However, this changed with the election of.Book review: Wolfgang Schivelbusch s Three New Deals
My only gripe is that he could have made a much more interesting argument if he had also included the Soviet Union. His reasons for not doing so are unclear, as the book often refers to goings-on there.more.The three new deals
December 20, 1933 View of portal site, tunnel no. 1, Civil Works Administration (CWA) men facing the portal. Library of Congress Prints and Photographs Division HAER NE-11-40 2. CWA - Civil Works Administration The Civil Works Administration was created in 1933 to create jobs for the unemployed.The three new deals
v. United States which ruled the National Industrial Recovery Act was unconstitutional. Library of Congress Prints and Photographs Division hec 25123 6. NIRA - National Industrial Recovery Act. The National Industrial Recovery Act was designed to bring the interests of working class Americans and business together.
Prints and Photographs Division fsa 8b08252 5. HOLC - Home Owner s Loan Corporation. The Home Owner s Loan Corporation was created in 1933 to assist in the refinancing of homes. The housing crisis created a great many foreclosures, and Franklin Roosevelt hoped this new agency would stem the tide.