How did the New Deal help:unemployed-farmers-Factory workers/labor-National Recovery Admin. Law that gave the president that authority to regulate industry. National Indusrial Recovery Act- Primarily New Deal Agency established by the US President. Goal was the eliminate Cut throat competition.young peoplebanks/business- Federal Deposit Insurance Corporation- preserves and promotes public confidence in the US financial system by insuring peoples’ money in banks..Banking Act- establishes the FDIC as a permanent agency of the government. Provided insurance for depositors and gurantees that the depositors will get their money back. FDIC has yo back brotha. It was successful. In the depression people lost their money so now people won’t lose their money if this happens againStock Market- Security Exchange Commission- a government Commission by congress to regulate the securities market (Stock market) and protect investors. Protects people from dishonest people and businesses. Make sure you aren’t being cheated. 5 Commissioners that are appointed by the president and the senate.Make sure companies say the truth.Talk about the risk they are taking.It is still around. Is successful people are more confident in putting money in the stock market.
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