Dedicated to my AP US History Class of 2019-2020
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is for Agricultural Adjustment Act
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During the Great Depression farmers were overproducing crops to hope to make more money but in reality their actions resulted in lowered crop prices because of the oversaturation of crops in the market. The AAA's goals were to limit crop production, reduce stock numbers, and refinance mortgages with terms more favorable to struggling farmers; the AAA also paid farmers to not plant on the acres they owned. By encouraging farmers not to farm the government aimed to increase crop prices by decreasing crop production. The AAA was ruled unconstitutional and did not pass because then the federal government would be interfering too much with private businesses which is unconstitutional.
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is for Civilian Conservation Corps
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During the Great Depression unemployment was ravaging the country as many people struggled to find jobs since businesses were only able to afford to hire small amounts of people. To aid this FDR formed the Civilian Conservation Corps. The CCC was created to provide men with jobs to support themselves and their family and created jobs for over 3 million people through jobs like firefighters and construction. The CCC was one of the most successful new deal programs that resulted because of the Great Depression as it left a legacy of homes, bridges, and buildings that lasted even after the CCC disbanded.
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is for Federal Deposit Insurance Corporation
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In the Great Depression many banks failed when panicked people withdrew all their money at once, leaving many without their savings. The banking reform act created the FDIC in 1935 which insured up to $2500, later $5000, per bank depositor. All federal banks were legally forced to join the fund; other banks were later certified as safe banks by the FDIC and allowed to join the fund. The FDIC was very effective in maintaining and bringing back public confidence in banks across the nation. It is one of the most lasting legacies of the New Deal, with people being confident that their deposits are insured; as of 2010, the FDIC insures up to $250,000 per depositor.
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Dedicated to my AP US History Class of 2019-2020

is for Agricultural Adjustment Act

During the Great Depression farmers were overproducing crops to hope to make more money but in reality their actions resulted in lowered crop prices because of the oversaturation of crops in the market. The AAA's goals were to limit crop production, reduce stock numbers, and refinance mortgages with terms more favorable to struggling farmers; the AAA also paid farmers to not plant on the acres they owned. By encouraging farmers not to farm the government aimed to increase crop prices by decreasing crop production. The AAA was ruled unconstitutional and did not pass because then the federal government would be interfering too much with private businesses which is unconstitutional.

is for Civilian Conservation Corps

During the Great Depression unemployment was ravaging the country as many people struggled to find jobs since businesses were only able to afford to hire small amounts of people. To aid this FDR formed the Civilian Conservation Corps. The CCC was created to provide men with jobs to support themselves and their family and created jobs for over 3 million people through jobs like firefighters and construction. The CCC was one of the most successful new deal programs that resulted because of the Great Depression as it left a legacy of homes, bridges, and buildings that lasted even after the CCC disbanded.

is for Federal Deposit Insurance Corporation

In the Great Depression many banks failed when panicked people withdrew all their money at once, leaving many without their savings. The banking reform act created the FDIC in 1935 which insured up to $2500, later $5000, per bank depositor. All federal banks were legally forced to join the fund; other banks were later certified as safe banks by the FDIC and allowed to join the fund. The FDIC was very effective in maintaining and bringing back public confidence in banks across the nation. It is one of the most lasting legacies of the New Deal, with people being confident that their deposits are insured; as of 2010, the FDIC insures up to $250,000 per depositor.

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