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 REFORM1. Emergency Banking Relief Act (EBRA)- authorized the

Treasury Department to inspect and close banks; to restore public confidence in banks

2. Glass-Steagall Banking Act of 1933- Established the FDIC; to restore public confidence in banks. Insured money in banks.

3. Federal Securities Act- required corporations to provide complete information on all stock offerings; to restore public confidence in the stock market

4. National Industrial Recovery Act (NIRA)- to set prices and establish labor standards; to ensure fair business practices and to promote industrial growth

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.

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

A Civilian Conservation Corps team at a CCC camp in Lewiston, Minn. in 1933.

Minnesotans working with the Civilian Conservation Corps. (Courtesy of the Minnesota Historical Society)

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.

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

HOUSING Home Owners Loan Corporation(HOLC)-Provided

government loans to homeowners who faced foreclosure; to help families keep their homes.

ALPHABET AGENCIES: LETS REVIEW WITH A VIDEO CLIP

THE SECOND NEW DEAL TAKES HOLDCh 23 Section 2

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

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

GROUP 3. TEACHERS, WRITERS, ARTISTS, AND OTHER PROFESSIONALS

Problems: Unemployment Poverty Hopelessness Loss of dignity

Laws/Agencies: Works Progress

Administration

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.

GROUP 5. RETIRED WORKERS

Problems: Poverty Hopelessness Loss of dignity

Laws/Agencies: Social Security Act

GROUP 6. THE DISABLED, THE NEEDY ELDERLY, AND DEPENDENT MOTHERS AND CHILDREN

Problems: Poverty Hopelessness Loss of dignity

Laws/Agencies: Social Security Act

SOCIAL SECURITY ACT : VIDEO CLIP