New Deal Project
Bailey Parchesky, Sarah Heineman
It was a public works project intended to promote environmental conservation and to build good citizens through vigorous, disciplined outdoor labor
Success, because hundreds of parks were built and billions of trees were planted. The CCC is responsible for over half the reforestation, public and private, done in the nation’s history. Wildlife shelters were built, historic battlefields were restored, and beaches plus campgrounds were cleared.
Provided state assistance for the unemployed and their families.
Success, because it helped towns with improvements to schools, streets, and many other things beneficial to the community.
Civilains Work Administration
Provided manual work for unemployed, aimed at unskilled laborers
Failure, because it was shortly lived and the jobs were only temporary
Works Progress Administration
Employed millions of mostly unskilled men and women to carry out public works projects, buildings and roads
- Failure, this work relief was more expensive than direct relief payment
Agricultural Adjustment Act
Its purpose was to reduce crop surplus and therefore effectively raise the value of crops.
Failure, it was deemed unconstitutional because you can’t tell farmers how much to grow and also many farmers lost their jobs due to the act.
National Industrial Recovery Act
Authorize the President to regulate industry in an attempt to raise prices after severe deflation and stimulate economic recovery.
- Failure, the Supreme Court ruled it unconstitutional
Tennessee Valley Act
Created the TVA, Tennessee Valley Authority, making it a federal corporation. Handled important problems facing the valley. Flooding, providing electricity to homes and businesses, and replanting forests.
Success, today the TVA is still around. It’s the largest public power company. It provided many jobs and fixed areas.
Social Security Act
1. 1935, 2nd
2. create a system of transfer payments in which younger, working people support older, retired people.
4. success, it is still used today it takes 1% from everyone's paychecks and it gives it to people over the age of 65 so they don't have to work anymore.
2. Workers had the right to form and be in unions and bargain with their employers and investigate if the need to, any laws that have been violated
4. Success, this act improved conditions for workers, and achieved industrial peace.
Glass Steagall Act
It gave tighter regulation of national banks to the Federal Reserve System; prohibited bank sales of Securities; and created the Federal Deposit Insurance Corporation (FDIC), which insures bank deposits with a pool of money appropriated from banks.
Failure, people believe that the commercial bank securities practices of the time had little actual effect on the already devastated economy and were not a major contributor to the Depression. Some legislators and bank reformers argued that the act was never necessary, or that it had become outdated and should be repealed.
Public works act
1. 1933, 2nd
2. the work of building such things as roads, schools, and reservoirs, carried out by the government for the community.
4. failure, it spent over $6 billion, but did not succeed in returning the level of industrial activity to pre-depression levels and it didn't significantly reduce the unemployment level or help jump-start a widespread creation of small businesses.
Fair labor Standards Act
1. 1938, 2nd
2. it was used to help with pay to all Americans and set certain work hours.
4.success, established minimum wage, overtime pay, recordkeeping, and youth employment standards affecting full-time and part-time workers in the private sector and in Federal, State, and local governments
1. 1933, 2nd
2. to promote and preserve public confidence in banks at the time of the most severe banking crisis in U.S. history the great depression.
4. success, it is still used today with banking the act says that If an insured bank fails, the FDIC pays the claim of each depositor, up to $100,000 per account.
Securities and Exchange Commission
1. 1934, 2nd
2. to regulate the commerce in stocks, bonds, and other securities.
4. success, by controlling the stocks it made the amount of frauds that happened during the time go down.