1/27

Went over forum posts, and the movie we watched on Friday.

Elderly and Poor

  • The new deal helped the elderly because it gave them social security
  • Social Security- elderly are no longer working, provides money for them  
  • Elderly Assistance Program
  • For the poor- charity, social security, health care
  • Long share or wealth programs- Pushed for redistribution and benefits for the poor (take from the rich and give to the poor)

Homeowners, artist, and musicians (New Deal)

  • people didn't have money to pay for their homes, they started living on the streets
  • Music was falling apart, banks were shutting down many musicians weren't earning enough money
  • artist would paint but no one had enough money to buy
  • Home Owners Loan Corporation Act- helped the banks out and help them refinance their banks with money so homeowners were able to pay for their homes again
  • gave each homeowner a 15 year guarantee of loans
  • Federal Music Project-help musicians become employed and earn money
E-mail me when people leave their comments –

You need to be a member of History 360 to add comments!

Join History 360

eXTReMe Tracker