To address the problems of industry and workers, Congress passed the National Industrial Recovery Act (NIRA) in June 1933. The Agricultural Adjustment Administration (AAA) was created to ease the desperate plight of the farmer during the Depression by establishing a program of production limits and federal subsidies.
Another program was the Civilian Conservation Corps (CCC), which put thousands of men to work on projects in national forests, parks, and public lands. Among these was the Federal Deposit Insurance Corporation (FDIC), which was established to protect depositors from losing their savings in the event of bank failure. During the One Hundred Days, Congress enacted 15 major pieces of legislation establishing New Deal agencies and programs. These programs became known as the New Deal, a reference taken from a campaign speech in which he promised a "new deal for the American people." The New Deal focused on three general goals: relief for the needy, economic recovery, and financial reform. Immediately after his election, Roosevelt began to formulate policies to bring about relief from the economic hardships the American people were experiencing.
Roosevelt stated in his first inaugural address that "we have nothing to fear but fear itself." His objectives were to calm the economic fears of Americans, develop policies to alleviate the problems of the Great Depression, and gain the support of the American people for his programs.
When Franklin Delano Roosevelt was elected to the presidency in 1932, it was on a promise to restore the confidence of the American people and to bring America out of the Great Depression. FDR's Fireside Chat on the Recovery Program Background
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