Monday: No School!
Tuesday: We discussed forum posts.
Wednesday: We continued to discuss the New Deal.
Thursday: We finished up the New Deal.
Friday: Test day, but I was gone for a speech by Bill Northey.
FDR's New Deal Programs
- New Deal
- president Roosevelt's plan to get out of the Great Depression
- Goals
- wanted to help people in need
- get businesses in a positive direction
- fixing banks in the stick market
- How did the New deal help...?
- unemployed people
- Civilian Conservation Corps (falls under young people too)
- the CCC was limited to young men age 18 to 25 whose father were on relief
- CCC members worked 40 hours a week and were paid $30 a month, with the requirement that $25 of that be sent home to family
- members lived in camps, wore uniforms, and lived under military discipline- U.S. Army operated
- the workers planted trees, fought forest fires, stopped soil erosion
- helped construct military bases during WW11
- funding stopped in 1942
- their slogan "We can take it!"
- Federal Emergency Relief Act
- FERA distributed more than 20 million dollars in direct aid to the unemployed
- this on turn would help find jobs
- FERA had three primary objectives:
- 1) direct relief measures
- 2) provided work
- 3) provided many different types of relief programs
- Public work Administration
- created as many jobs as possible in many different varieties
- PWA founded the construction of more than 34,000 projects including airports, dams, aircraft carriers, bridges, etc.
- was responsible for 70% of the new schools and 33% of the hospitals built between 1933-1939
- Civil Works Administration
- creates jobs for people in construction
- paid people more money
- too costly so they got rid of it in one year
- creates jobs for people in construction
- Works Progress Administration
- largest new deal program
- make work for people
- Construction projects
- bridges
- roads
- airport runways
- Golden Gate bridge
- gave artistic and professional work to the unemployed who qualified
- 3 R's
- Tennessee Valley Authority
- dams were created to generate electric power and control floods
- largest public power company today
- criticized the TVA for only helping a specific region
- Civilian Conservation Corps (falls under young people too)
- young people
- National Youth Administration
- pushed heavily by Eleanor Roosevelt
- 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- $25 a month for part-time work that included job training
- unlike CCC, it included young women
- The youth normally lived at home, and worked on construction pr repair projects
- National Youth Administration
- banks
- Emergency Banking Relief
- would close down the bank, reorganize it, and then reopen the bank when it was stable (in fireside chat)
- People put money back into banks after the bank holiday
- Federal Deposit Insurance Corporation
- 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
- Emergency Banking Relief
- stock market
- Federal securities act
- made the stock market a safer place for people to invest their money
- two goals:
- 1. required that investors receive significant information about the company
- 2. got rid of deceit, misrepresentations, and other fraud
- Securities and Exchange Commission
- this organization regulates the stock market
- made the market more secure and safer for people's money
- this organization regulates the stock market
- Federal securities act
- factory workers
- National Industrial Recovery Act
- establishing codes of fair competition in the workplace
- NRA tried to make voluntary agreements with business' dealing with hours of work, rate of pay, and fixing of prices
- businesses which voluntarily complied could display the Blue Eagle
- created jobs for unemployed workers (building schools)
- National Labor Relations Act/Board
- conducts elections for unions
- investigates and fixes unfair labor practices
- governed by a five-person board whose members are appointed by the president
- Fair labor Standards Act
- established:
- national minimum wage-40 cents a hour
- 40 hour work week
- guaranteed time and a half for overtime in certain jobs
- prohibited most child labor
- established:
- National Industrial Recovery Act
- farmers
- Agricultural Adjustment Act
- restricted production of paying farmers to reduce the amount of crops planted
- purpose was to get reduce crop surplus so prices would go up
- farmers were paid by the federal gov't for leaving some of their land untilled
- AAA oversaw a large-scale destruction of existing crops and livestock in attempt to reduce surplus
- many animals slaughtered- plants not harvested
- many citizens saw the AAA as cruel
- people in cities were starving
- farm prices more than doubled
- Soil conservation and Domestic Allotment Act
- fighting back against the dust bowl
- educated farms on how to farm properly (use their land without damaging it)
- rotated crops
- planting trees
- planted prairie grass
- Rural Electrification Administration
- brought electricity to the country side
- Farm Security Administration
- many farmers bought tractors with money from AAA thus forcing tenant farmers off the land
- FSA provided relief to these small farmers- gave them money to buy farms
- many farmers bought tractors with money from AAA thus forcing tenant farmers off the land
- Agricultural Adjustment Act
- homeowners
- Home Owner's Loan Corporation
- gave loans out to people to buy houses- had to have the loan paid off in a couple of years- had down payment
- Federal housing Administration
- insured loans made by banks and other private lenders for home building and home buying (affordable for lower class)
- goal was to improve housing standards and conditions
- easier for people to make monthly payments
- United States Housing Authority
- built homes that were affordable
- low income and homeless people
- built homes that were affordable
- Home Owner's Loan Corporation
- elderly
- Social Security Administration
- provides benefits to people
- American workers pay SS taxes on their earnings
- Social Security Administration
- consumers
- NIRA- blue eagle codes
- Food, Drug and Cosmetic Act
- gave the Food and Drug administration power to regulate these industries
- mandated a review of the safety of all new drugs before going to the market
- authorized factory inspections
- set new regulatory standards for food and cosmetics
- Native Americans
- Indian Reorganization
- abolished the Dawes Act and allowed Native American to govern themselves on a tribal basis
- allowed native Americans to manage and keep their own land
- help create job opportunities on Indian reservations
- led to many casinos
- Indian Reorganization
- unemployed people
Comments