New Deal
Jordan Meteer, Sam Peck, & Pranav Marala
Civilian Conservation Corps - 1933
The CCC was part of the 1st New Deal. It's purpose was to create relief for unemployed citizens. It created unskilled manned labor jobs for younger men relating to conservation and the development of natural resources. It was very positive for the economy because it created jobs for those families struggling during the depression. It created public awareness and appreciation for the outdoors.
Federal Relief Emergency Administration - 1933
This was developed as part of the 1st New Deal. It was created to give loans to states in order to operate relief programs. This was very positive because it created jobs for the unemployed in both local and state government jobs.
Civilian Works Administration - 1933
This was created as part of the 1st New Deal in order to provide relief to unemployed people in the country. This was very positive because it created millions of jobs mainly in construction jobs. They worked on building bridges and buildings. The negative aspect to this was that it was very short lived. It ended in March of 1934.
Works Progress Administration - 1935
This was developed as part of the 2nd New Deal. Again, it was used to provide relief for many unemployed people. It created public works jobs in order to enhance roads and buildings. There were many positive aspects because thousands of small towns were given new parks, buildings, roads, and bridges. This created jobs for millions of men and women. The only negative to this was that even though it was very positive was that it cost $13.4 billion overall.
Agricultural Adjustment Act - 1933
This was used as part of the 1st New Deal. It's purpose was to reduce the crop surplus and raise the value of crops. It was part of a recovery project in order to reduce the number of crop surplus. This was positive because there was no longer a large surplus of crops, but it was negative because it made it so less people could buy them.
Social Security - 1938
This was part of the 2nd New Deal. It was a reform. Irs purpose was to pay people to retire in order to open up new jobs for the younger generation. The positive aspects of this were that it opened up jobs and people were able to retire. The negative side to this was that it cost companies more money.
National Industrial Recovery Act - 1933
thos was part of the relief efforts of the 1st New Deal. It's purpose was to create equal working wages for men and women. It also created equal hours. It was successful because men and women were becoming more equal in the workforce. One reason for the booming 20's was that women did so much work in the factories during WWI.
Tennessee Valley Act - 1933
This act was established as part of the 1st New Deal. This was a type of recovery. It was aimed to help aid important issues in the Tennessee Valley like flooding, lack of trees, and lack of electricity. It was successful because it gave many people jobs and protected the nature of the Tennessee Valley which spread across seven states.
Wagner Act - 1935
This was part of the 2nd New Deal. It was a relief program, created to prevent the possibility of labor strikes against factory owners. It was successful because without companies and the factories having employees, the respective factory would not be producing anything to contribute to America's economy.
Public Works Act - 1933
The Public Works Act was established as part of the 1st New Deal. It was a relief program that helped to build large scale public works such as dams, bridges, hospitals, and schools to employ large groups of people. It wasnt very successful because it spent more than 6 billion dollars and wasn't able to restore industrial activity to pre-depression levels.
fair Labor standard act - 1938
This was a reform brought about during the 2nd New Deal. It introduced a forty hour work week, national minimum wage, guaranteed more wages for overtime, and prohibited employment of minors. This was successful because these laws are still practiced today.
Federal deposit insurance corporation - 1933
This was a very important part of the 1st New Deal. This was a reform that is still practiced today, with some minor changes. It was successful. It could also be considered part of the recovery process of the nation after the depression. It provided permanent deposit insurance up to $5,000. Now that number is $250,000. This was successful because it gave the government more control over the banking system and helped to ensure the banks didn't go under again.
Glass steagall act - 1933
This was a part of the recovery process in the 1st New Deal. It established tighter regulation of Federal Banks and created the Federal Deposit Insurance Corporation which had assured people that their deposits were safe. This was successful because it was an easier, more efficient way to run the banks.
Securities and Exchange commission - 1933
This was part of the 1st New Deal. The purpose of this reform was to enforce federal security laws to protect people from fraud. There were many successful aspects of it, but there were many failed attempts at catching fraud. There were also many cases that they were not informed about.