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A New Deal Fights the Depression & The Second New Deal Takes Hold

A New Deal Fights the Depression & The Second New Deal Takes Hold. Chapter 23 Sections 1 & 2. Intro to FDR and alphabet soup. Business Assistance and Reform.

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A New Deal Fights the Depression & The Second New Deal Takes Hold

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  1. A New Deal Fights the Depression &The Second New Deal Takes Hold Chapter 23 Sections 1 & 2

  2. Intro to FDR and alphabet soup

  3. Business Assistance and Reform • Emergency Banking Relief Act (EBRA)- authorized the Treasury Department to inspect and close banks; to restore public confidence in banks • Glass-Steagall Banking Act of 1933- Established the FDIC; to restore public confidence in banks. Insured money in banks. • Federal Securities Act- required corporations to provide complete information on all stock offerings; to restore public confidence in the stock market • National Industrial Recovery Act (NIRA)- to set prices and establish labor standards; to ensure fair business practices and to promote industrial growth

  4. Farm Relief/Rural Development • Agricultural Adjustment Act (AAA)- Paid farmers to lower production which would raise crop prices (and thus, raise farm income) • Tennessee Valley Authority (TVA)- Built and repaired dams and other projects in the Tennessee Valley; to create prosperity in the impoverished Tennessee valley Region.

  5. Employment Projects • Civilian Conservation Corps (CCC)- Put young men (18-25) to work on road-building and conservation projects, such planting trees & flood control. • Federal Emergency Relief Administration (FERA)- 500 million dollars given to provided direct relief for the needy. Provided basic needs for people hit hardest by the Depression Photograph from The Emergency Work Relief Program of the F.E.R.A. (Federal Emergency Relief Administration, 1935) . A Production Garden similar to the one shown in Bellingham, Mass. helped to provide Queens families with much needed food during the depression. Minnesotans working with the Civilian Conservation Corps. (Courtesy of the Minnesota Historical Society) A Civilian Conservation Corps team at a CCC camp in Lewiston, Minn. in 1933.

  6. Employment Projects • Public Works Administration (PWA)- Provided money to states to create jobs; To reduce unemployment. Built 40,000 schools. • Civil Works Administration (CWA)- Provided 4 million immediate jobs; to reduce unemployment Coos Bay Bridge (Conde B. McCullough Memorial Bridge), North Bend, Oregon. At 5,305 feet in length, the Coos Bay Bridge is the longest of the five Public Works Administration bridges built along the Oregon Coastal Highway during the Great Depression

  7. Housing • Home Owners Loan Corporation(HOLC)-Provided government loans to homeowners who faced foreclosure; to help families keep their homes.

  8. Alphabet agencies: lets review with a video clip

  9. The Second New Deal Takes Hold Ch 23 Section 2

  10. Group 1. farmers, migrant workers, and others living in rural areas • Problems: • soil depletion • Inability to buy land • Squalid housing • Dust storms • Debt, bank foreclosures • Lack of electricity • Laws/Agencies: • Soil Conservation and Domestic Allotment Act • Resettlement Administration • Farm Security Administration • Farm Mortgage Moratorium • Rural Electrification Administration • Public Utilities Holding Company Act

  11. Group 2. students and other young people • Problems: • Unemployment • Poverty • Hopelessness • Loss of dignity • Lack of spending money • Laws/Agencies: • Works Progress Administration • National Youth Administration

  12. Group 3. teachers, writers, artists, and other professionals • Problems: • Unemployment • Poverty • Hopelessness • Loss of dignity • Laws/Agencies: • Works Progress Administration

  13. Group 4. all workers, including the unemployed • Problems: • Unemployment • Poverty • Hopelessness • Loss of dignity • Laws/Agencies: • Works Progress Administration • National Youth Administration • Wagner Act (National Labor Relations Act) • National Labor Relations Board • Fair Labor Standards Act • Social Security Act The Fair Labor Standards Act : one important part of this act regulates child labor.

  14. Group 5. retired workers • Problems: • Poverty • Hopelessness • Loss of dignity • Laws/Agencies: • Social Security Act

  15. Group 6. The Disabled, the needy elderly, and dependent mothers and children • Problems: • Poverty • Hopelessness • Loss of dignity • Laws/Agencies: • Social Security Act

  16. Social Security Act : Video Clip

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