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The First New Deal cid 127 Three R s Relief Recovery and Reform cid 127 Relief cid 127 Many Americans found jobs due to CCC and WPA cid 127 Saved many Americans from starvation cid 127 CCC was to give many youngsters jobs cid 127 Founded on April 5 1933 cid 127 Recovery cid 127 NIRA was part of the recovery of the plan for FDR cid 127 NIRA National Industry Reform Act cid 127 Set the prices hours and wages for each industry cid 127 Based on theory that regulation will return the market to normal self cid 127 Permitted monopolies to regulate industry cid 127 Eventually ruled unconstitutional cid 127 Enacted in June 1933 cid 127 Reform cid 127 Probably the best reform ever cid 127 Was a lot of big government reform however cid 127 Made the government an activist state cid 127 Added Social Security cid 127 Set up SEC Securites and Exchange Commision to monitor stock market cid 127 To ensure no fraud or insider trading was going on cid 127 Founded on June 6 1934


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UMD HIST 201 - The First New Deal

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