Monday: no school
Tuesday: notes
Wednesday: notes
Thursday: notes
Friday: test
How did the new deal help...?
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 (WPA) - 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
Stock Market
- Federal Securities Act - made the stock market a safer place for people to invest their money. Goals: "required that investors receive significant information regarding securities being offered for public sale" & "prohibited deceit, misrepresentation, and other fraud in the sale of securities to the public."
- Securities and Exchange Comission (SEC) - still around today, regulates the stock marker and made it more secure and safe for people's money.
Factory Workers
- National Industrial Recovery Act (NIRA) - established "codes of fair competition" aimed at supporting prices and wages and stimulating economic recovery from the Great Depression. Created the National Recovery Administration (NRA) to enforce codes (fair wages, fair hours, fair prices). Helped create construction jobs and guaranteed workers the right to unionize. Declared unconstitutional by Supreme Court
- National Labor Relations Act/Board (NLRA(B) - strengthened labor unions by conducting elections for unions, stressed collective bargaining, fixed unfair practices
- Fair Labor Standards Act (FLSA) - established a national minimum wage ($0.40 per hour). Guaranteed time and a half for overtime in certain jobs and established the 40 hr work week & prohibited most child labor
Farmers
- Agricultural Adjustment Act (AAA) - designed to deal with overconstruction, paid farmers to plant less and destroy crops and livestock. Farm prices more than doubled in a few years.
- Soil Conservation and Domestic Allotment Act (SCDAA) - educated farmers on how to better take care of their soil by planting trees & hedges or leaving soil unplanted..3 years later soil erosion had dropped 65%
- Tennessee Valley Authority (TVA) - built lots of dams in order to create jobs and electricity..helped farmers because their crops weren't destroyed by flooding
- Rural Electrification Administration (REA) - brought electricity to farms
- Farm Security Administration (FSA) - gave money to small farmers to purchase farms because they didn't have jobs working for larger farmers anymore hired photographers to take pictures of struggling farmers to show to the people in cities
Homeowners
Home Owner's Loan Corporation (HOLC) - in 1930s, in order to buy a home, you had to pay a 50% down payment and pay off in 5-7 years this Corporation extended loans to pay off in 15-30 years and also lowered the down payment required
Federal Housing Administration (FHA) - insured loans to help people afford buying or building a home (aimed towards lower income families) still around today
United States Housing Authority (USHA) - gave money to states or communities for the states or communities to build houses for low-income families, also created jobs by allowing states and communities to build houses
Elderly
Social Security Administration (SSA) - tax is taken out of you paycheck and given back to you in time of need (retirement, disability, survivor's benefits) everyone is given a social security number
Consumers
[Also NIRA- blue eagle codes] Food, Drug, and Cosmetic Act (FFDCA) - made sure foods, drugs, and cosmetics were safe- moreso than before
- Native Americans
Indian Reorganization Act (IRA) - got rid of Dawes Act - allowed Native Americans to govern themselves in tribes and keep their own land
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