Welcome, today we are going to be traveling to the 1930s in the era of the Great Depression. At this time Franklin D. Roosevelt is president. Many Americans are without jobs and businesses are failing. The United States is at one of the lowest points in history! It is President Roosevelt's duty to give hope to citizens and bring the country back to its feet. To do this he created the New Deal. 

The New Deal was a plan that president FDR set in place to aid failing businesses, getting the unemployed back to work, and increase the production of goods. Let's start our blast from the past tour!

To start our tour we are going to visit President Roosevelt. Right now he is signing the Banking Act of 1933. 

On March 6, 1933, Franklin D. Roosevelt required all banks to close for a "Brief Holiday". During this holiday officials came together to make up a plan to restore faith in the baking system. Soon after congress passed the Banking Act which improved the banking system by giving the federal government more power to supervise bank activities.  This new act created the FDIC (Federal Deposit Insurance Corporation) which allowed each person to put $5,000 in to the bank. The actions taken by the president and Congress confidence was restored to the American people. Let's continue our tour to the Security and Exchange Comission. 

The Security and Exchange Commission was also put together by Congress and FDR. This was crated because many investors didn't actually know much about how investments actually worked. The SEC required companies to make important information about their businesses public. Also, the SEC regulated stockbrokers activity. Now on to...

... the NRA and NIRA. Let's start off by looking into the NIRA. The National Industrial Recovery Act was created to revive the U.S. economy. The goal of the NIRA was to increase the production of goods while also raising wages and prices. Labor unions, businesses, and the unemployed where the targeted groups for the NIRA. To help the NRA (National Recovery Administration) was set up by the law to aid businesses. The NRA required businesses to follow certain codes that were assigned for the industry of which that business fell into. These odes standardized products, set minimum prices, and announced any expected price increase. 

The NIRA and NRA also helped labor unions by allowing workers to organize and bargain collectively. The NRA was required to make codes for minimum and maximum wages and hours in industries. This crated a new level of government support for organized labor. When I came to the unemployed the NIRA distributed $3.3 billions for public works. This money established the Public Works Administration (PWA). The NRA, NIRA, and PWA were all created in hopes of creating jobs and reconstructing the economy. 

As we continue with our tour we are going to travel to May 12, 1933 to take a look at what the Agricultural Adjustment Administration was all about. On the 12th of May 193 the Agricultural Adjustment Act was passed which resulted in the creation of the Agricultural Adjustment Administration (AAA). 

This agency targeted farmers who had been struggling tremendously since the depression started. Farmers suffered from low market prices for their products and the inability purchase machinery as well as other goods.  to The AAA reduced crop production and raised prices. To do this the AAA paid farmers to produce less crops. The though processes of this was that as the crop supply dropped there would be an increase in market demand for these products later on. The AAA also gave loans to farmers to pay for their farms to stay up and running.

Continuing in the year of 1933 we will now concentrate on the Tennessee Valley Authority (TVA) . This was a government agency that built a number of dams on the Tennessee River. The dams were created to provide flood control and hydroelectric power to the southern states. The TVA aided in the prevention of erosion and deforestation.