Monday- No school
Tuesday- Forum post leaders discussed.
- FDR's New deal
- How did the New deal help......
- Unemployed People
- Federal Emergency Relief Act (FERA)
- Enacted in1933
- FERA distributed more than 20 million dollars in direct aid to the unemployed
- This in turn would help the unemployed to find new jobs
- FERA had three primary objectives
- Federal Emergency Relief Act (FERA)
- Young people
- CCC (Civilian Conservation Corps)
- Planted trees, fought forest fires, stopped soil erosion
- Helped construct military bases during WW11
- Funding stopped in 1942
- Their slogan was "We can take it"
- National Youth Administration
- Established in 1935 and was part of the WPA
- Pushed heavily by Eleanor Roosevelt (ER)
- Served 327,000 high school and college youth, who were paid $6 to $40 a month for "work study" projects at their schools
- It allowed thousands of young people to stay in school
- Another 155,000 boys and girls from relief families were paid $10 to $25 a month for part-time work that included job training
- Unlike the CCC, it included young women
- Federal Project No.1 (Federal One) of the WPA was developed to give artistic and professional work to the unemployed who qualified
- It consisted of the federal art project (FMP), Federal theatre project (FTP) the federal writers project (FWP), and the historical Records survey (HRS)
- Federal Deposit Insurance Corporation (FDIC)
- Created by the Glass-Steagall Act in 1933
- Insured people's money in banks up to $1000(today up to $250,000)
- Passed in response to the bank failures after the stock market crash
- Insures money in savings and checking accounts, money market accounts and CD's
- CCC (Civilian Conservation Corps)
- Banks
- Stock market
- Federal Securities Act
- Passed in 1933
- Made the stock market a safer place for people to invest their money
- Two goals
- Required that investors receive significant information regarding securities being offered for public sale
- Securities and Exchange Commission
- Established in 1934 and is still around today
- This organization regulates the stock market
- Federal Securities Act
- 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
- The law created a National Recovery Administration (NIRA) to enforce codes
- The NIRA tried to make voluntary agreements with business' dealing with hours of work, rates of pay, and the fixing of prices
- Businesses which voluntarily complied could display the Blue Eagle
- The NIRA also helped create jobs for unemployed workers (building schools)
- Section 7A guaranteed workers the right to unionize
- Declared Unconstitutional
- National Labor Relations Act
- 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
- Established a national minimum wage- 40 cents an hour
- Established the 40 hour work week
- Guaranteed time and a half for overtime in certain jobs
- Prohibited most child labor
- Still exists today
- National Industrial Recovery Act (NIRA)
- Farmers
- Agricultural Adjustment Act
- Established in 1933
- Restricted production by paying farmers to reduce the amount of crops planted
- Its purpose was to reduce crop surplus so prices would go up
- The AAA oversaw a large-scale destruction of existing crops and livestock in an attempt to reduce surpluses
- For example, six million pigs and 220,000 sows were slaughtered in the AAA'a effort to raise prices
- Cotton farmers plowed under a quarter of their crop
- Soil Conservation and Domestic Allotment Act
- Farmers were educated on how to better take care of their soil
- Planting Trees
- Rotating crops
- Irrigation
- The act was very successful three years after the act was adopted, soil erosion had dropped 65%
- Farmers were educated on how to better take care of their soil
- Tennessee Valley Authority
- Created to generate electric power and control floods in a seven state region around the Tennessee river valley
- FDR signed the Tennessee Valley Authority Act creating the TVA on May 18, 1933
- The agency still exists and has grown to become America's largest public power company
- Rural Electrification Administration
- The REA was created in 1935
- The REA provided farms with inexpensive electric lighting and power and eventually telephone services
- This brought all the electrical appliances that the cities had since the 1920's
- The REA made long-term loans to state and local governments, to farmers cooperatives, and to nonprofit organizations to do the work
- By 1939 rural households with electricity had risen to 25% (up from 10% 7 years earlier)
- Farm security administration
- Granted small farmers and tenant farmers money to purchase farms
- The dust bowl forced a lot of farmers off their farms
- Many farmers bought tractors with money from the AAA thus forcing tenant farmers off the land
- The FSA provided relief to these people
- Agricultural Adjustment Act
- Homeowners
- Federal Housing Administration (FHA)
- The Federal Housing Administration was created in 1934
- Insured loans made by banks and other private lenders for home building and home buying
- The goals of this organization are to improve housing standards and conditions and to provide an adequate home financing system
- In 1965 , the Federal Housing Administration became part of the Department of Housing and Urban Development (HUD) and is still around today
- United States Housing Authority (USHA)
- Created in 1937
- It was designed 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 National Housing Agency in 1942
- Federal Housing Administration (FHA)
- Elderly
- Social Security Administration (SSA)
- Established in 1935
- Provides retirement, disability, and survivors benefits
- To qualify for these benefits, most american workers pay Social Security taxes on their earnings
- Future benefits are based on employees contributions
- Each person is given a Social Security number
- Social Security Administration (SSA)
- Consumers
- Food, Drug and Cosmetic Act (FDCA)
- Passed in 1938
- Gave the Food and Drug Administration power to regulate these industries
- Mandated a review of the safety of all new drugs before going to market
- Banned false therapuetic claims in drug labeling
- Authorized factory inspections and expanded enforcement powers by the FDA
- Food, Drug and Cosmetic Act (FDCA)
- Native Americans
- Indian Reorganization Act (IRA)
- Passed in 1934
- Abolished the Dawes Act and allowed Native Americans to govern themselves on a tribal basis
- Allowed Native Americans to manage and keep their own land
- Included provisions to help create job opportunities on Indian Reservations. This has led to many casinos on Indian Reservations
- The Act is still around today
- Indian Reorganization Act (IRA)
- Unemployed People
Wednesday- Notes
Thursday- Finished up notes and reviewed for the test
Friday- Test
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