February 8th- 12th (1930's)

Monday- No School

Tuesday- Gone for Drake Honor Jazz

  • Unemployed People

    • Federal Emergency Relief Act (FERA) - provided direct relief and jobs to people. Ex. mattress making, laundresses..

    • Public Works Administration (PWA) - created and funding as many construction jobs as possible

    • Civil Works Administration (CWA) - very similar to PWA, but payed workers much higher wages & stopped after a year b/c it was too costly

    • Works Progress Administation - largest in the New Deal Agency..was a “make work” program that provided jobs and income to the unemployed during the depression..didn’t just focus on construction though, it presented lots of concerts and produced works of art

  • Young People

    • Civilian Conservation Corps (CCC) - gave young men jobs working 40 hrs a week and payed them up to $30 a month with $25 of it going back to their families, was ran by the U.S. Army. They planted trees, fought forest fires, and helped construct military bases. Slogan was “we can take it!”

    • National Youth Administration (NYA) - to keep young people in school, high school and college youth were paid $6 to $40 per month for “work study” projects and paid many other young boys and girls whose parents were struggling. Ex. boxing classes, auto mechanics classes..

  • Banks

    • Emergency Banking Relief Act (EBRA) - passed in response to the thousands of banks that closed down, it would close down the bank & reorganize it & then open it back up when it was stable. People started putting their money back into the banks

    • Federal Deposit Insurance Corporation (FDIC) - insured money in banks; savings, checking accounts, money market accounts, and CD's

Wednesday- Notes

  • Federal Securities
    • Passed in 1933
    • Made the Stock Market a safer place for people to invest their money
    • Two Goals:
      • 1. "required that investors receive significant information regarding securities being offered for public sale"
      • 2. "prohibited deceit, misrepresentations, and other fraud in the sale of securities to the public" 
  • Securities and Exchange Commission 
    • SEC
      • Established in 1934 and IS STILL HERE TODAY
      • This organization regulates the stock market
        • Made the market more secure and safer for people's money 
  • National Industrial Recovery Act
    • NIRA
      • Established "codes of fair competition" aimed at supporting prices and wages and stimulating economic recovery from the Great Depression
      • The law created a National Recovery Administration (NRA) to enforce codes
      • The NRA tied to make voluntary agreements with business' dealing with hours of work, rate of pay, and the fixing of prices
      • Businesses which voluntarily complied could display the Blue Eagle
      • The NIRA also helped create hobs for unemployed workers (building schools)
      • Section 7A guaranteed workers the right to unionize
      • Declared unconstitutional by Supreme Court (1935)
  • National Labor Relations Act/Board
    • NLRA(B)
      • Established in 1935
      • Conducts elections for unions
      • Stresses collective bargaining 
      • Investigates and fixes unfair labor practices
      • Governed by a five-person board whose members are appointed by the President 
  • Fair Labor Standards Act
    • FLSA
      • Established a national minimum wage-40 cents and hour
      • Established the 40 hour work week
      • Guaranteed time and a half for overtime certain jobs
      • Prohibited most child labor
      • Still exists today 
  • Agricultural Adjustment Act
    • AAA
      • Established in 1933
      • Restricted production by paying farmers to reduce the amount of crops planted 
      • Its purpose was to reduce crop surplus so they wouldn't produce as much
    • Over saw a large-scale destruction of existing crops and livestock in an attempt to reduce supplies
    • Town people still starved while farmers wastes many produce
    • Second AAA was funded from general taxation, and therefore acceptable to Supreme Court
    • Eventually did rise farmers profits because prices went up 
  • Soil Conservation and Domestic Allotment Act
    • SCDAA
      • Allow the government to educate farmers and make sure the land was taken care of
      • Was made to prevent Dust Bowls and other erosion 
      • Crop rotation
  • Tennessee Valley Authority 
    • TVA
      • Created to generate electric power and control floods in a seven state region around the TN River Valley
      • FDR signed the act on 1933
      • AGENCY STILL EXISTS AND HAS GROWN TO BECOME AMERICA'S LARGEST PUBLIC POWER COMPANY
      • Some criticized it from only helped a specific region
        • not the whole country 
  • Rural Electrification Administration 
    • REA
      • created in 1935
        • Provided farms with inexpensive electric lighting and power and telephone services
        • Brought the electric appliances  from the 20's
        • abolished in 1994 and its functions assumed by the Rural Utilities Service 

Thursday- Notes

  • Farms Security Administration 
    • FSA
      • Granted small farmers and tenant farmers money to purchase farms
      • The Dust Bowl forced a lot of farmers off their farms
      • Many farmers bough tractors with money from the AAA this forcing tenant farmers off the land
      • The FSA provided relief to these people  
  • Home Owner's Loan Corporation
    • HOLC
      • Required a 50% down payment on the purchase of a home (now is 10%)
      • Homes had to be paid off within 5-7 years (now is 30 years)
      • Couldn't afford homes - Hoover Homes
    • Essentially stretched the amount of time that people could pay for a home
    • brought the monthly payment 
  • Federal Housing Administration 
    • FHA
      • Insured loans made by banks and other private lenders for home building and home buying
      • Improve housing standards for low income people and make it easier for people to pay off homes
      • Low income homes were at a much higher standard
  • United States Housing Authority
    • USHA 
      • to lend money to the states or communities for low-cost home construction
      • Homes were designed for low-income and homeless people
      • The USHA was absorbed by the Nation Housing Agency in 1942 
  • Social Security Administration
    • SSA
      • Provides retirement, disabilities, and survivors
      • Tax taken out of paycheck to force retirement
      • Older people were not given jobs because of the younger people and lost all money in Depression
  • Food, Drug, Cosmetic Act 
    • FFDCA
      • Blue Eagle Logo
      • Making sure that food and products were safe
      • Banned false claims
      • regulating standards
  • Indian Reorganization Act
    • IRA
      • Abolished the Dawes Act and allowed Native American to govern themselves on a tribal basis
      • Allowed NA to manage and keep their own land
      • Included job opportunities  
      • ACT IS STILL HERE TODAY!!! 

Friday- Test

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