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SNOW DAY
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FDR's New Deal Program
- Franklin Roosevelt plan to get out of the great depression
- 3 R's
-> relief, recovery, reform
How did the New Deal help
- unemployed people
- CCC (see below)
-Federal Emergency Relief Act (FERA)
- enacted in 1933
- FERA distributed more than 20 million dollars in direct aid to the unemployed
- this in turn would help the unemployed to find new jobs
- Public Works Administration
- established in1933
- created as many jobs as possible in many different varieties
- responsoble for 70% of the new schools
- program to build many construction projects -> electricity, steel, plastic, cement, workers -> more jobs
- Civil Works Administration
- same as PWA
- only lasted about a year
- too costly
- wages were too high
- Works Progress Administration
- established in 1935
- largest and most comprehensive New Deal Agency
- built roads, bridges
- not only helping construction workers, also helped artists
- works of art and concerts
- FAP, FMP, FTP, FWP, HRS
- young people
- Civilian Conservation Corps (CCC)
- Passed in during 100 days in 1933
- limited to young men between 18 - 25 year old men
- CCC members worked 40 hours a week and were paid $30 a month with the requirement that $25 of that are sent back to family
- members lived in camps, wore uniforms and llived under military base
- planted trees, fought forest fires, stopped soil erosion
- helped construct military bases WWII
- Slogan: "we can take it all"
- National Youth Administration
- Pushed by Eleanor Roosevelt
- allowed thousands of boys and girls to stay in school and college
- served 327 000 high school and college youth who were paid $6 to 40 a month for work study projects
- banks
- Emergency Banking Relief Act (EBRA)
- Passed five days after taking office - March, 1933
- Passed four days after FDR announced the Bank Holiday in his Fireside
- when banks reopened many people put back their money back into the bank
- within a couple of weeks more than half of the money was put back into the bank
- Federal Deposit Insurance Corporation (FDIC)
- Insured money in banks
- passed in response to the bank failure after the stock market crash
- insures money in savings and checking accounts, money market accounts and CD's
- Federal Securities Act
- made the stock market a safer place for people to invest their money
- two goals
- PURPOSE: People's money is not a dangerous game safe
- companies had to give information about their earnings
- Securities and Exchange Commision (STILL ACTIVE)
- organization regulates the stock market
- stock market
- Federal Securities Act
- made the stock market a safer place for people to invest their money
- two goals
- PURPOSE: People's money is not a dangerous game safe
- companies had to give information about their earnings
- Securities and Exchange Commision (STILL ACTIVE)
- organization regulates the stock market
- factory workers
- National Industrial Recovery Act (NIRA)
- The NRA tried to make voluntary agreements with business' dealing with hours of work, rates of pay and the fixing of prices
- The NIRA also helped create jobs for unemployed workers
- National Labor Relations Act (NLRA)
- conducts elections for unions
- labor unions
- Fair labor Standards Act (FLSA)
- Established a national minimum wage 40 ct/hour
- 40 hour work week
- more money for overtime work
- prohibited child labor
- still exists today
- farmers
- Tennessee Valley Authority
- Created to generate electric power and control floods in a seven state region around the Tennessee River Valley
- Rural Electrification Administration
- brought electricity to the rural parts
- Agriculture Adjustment Act
- farmers were paid to not plant
- they were also paid to destroy their goods
- people in the cities were upset about it
- helped farmers
- Soil Conservation and Domestic Allotment Act
- Allowed the farmers to pay farmers to reduce production so as to conserve soil and prevent erosion
- Farmers were trained to take better care of their country
- Homeowners
- elderly
- Consumers
- Native Americans
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