New Deal Project
Social Security Act
It was enacted on August 14th, 1935. It was part of the 2nd New Deal.
To provide for the general welfare by establishing a system of Federal old-age benefits, and by enabling the several States to make more adequate provision for aged persons, blind persons, and crippled children, maternal and child welfare, public health, and the administration of their unemployment.
It was a success. Social Security has succeeded in creating a national ID card without which you can’t open a bank account. Succeeded in creating a huge government bureaucracy. It has succeeded in launching the modern welfare state.
2. It was intended to promote environmental conversation and to build good citizens through vigorous, disciplined outdoor labor.
4. It was a success because it has accomplished many things. More that 45,000 bridges were constructed. Approximately 125,000 miles of roads built. More than 3,000 lookout fire towers were built and even more stuff happened.
2. It was to distribute 500 million dollars in federal funds to state agencies.
4. It was successful because it provides financial help to the unemployed.
Civilian Works Administration
2. It was to create jobs for the millions of unemployed during during the Great Depression.
4. It was a success because it helped create over 4 million jobs.
Works Progress Administration
2. It was used to give jobs to millions of unskilled people to carry out public works projects as a way to combat the effects and unemployed resulting from the Great Depression.
4. It was successful because it decreased unemployment
Agricultural Adjustment Act
2. It was to reduce crop surplus and therefore effectively raise the value of crops.
4. It was fairly successful from a strictly financial perspective, providing $1,500,000,000 in benefit payments to farmers. However, widespread droughts from 1933 to 1936 affected one of the main goals of the program, which was to stabilize commodity prices.
National Industrial Recovery Act
2. It was to regulate industry and permit cartels and monopolies in an attempt to stimulate economic recovery, and established a national public works program.
4. It was successful because it lasted until a few weeks before it was declared unconstitutional and it helped with the labor laws and set up maximum work hours.
Tennessee Valley Authority Act
2. It is responsible for the integrated development of the Tennessee River Basin. Its responsible for resolving the problems arising from serious floods, a lackluster economy etc..
4. It was successful because its the largest producer of electricity in the valley area. The water that is pumped to homes for hundreds of miles around their dams.
1. It was formed in 1935
2. It was formed to increase wages by promoting the growth of unions.
4. It granted workers the right to join the union of their choice, and prohibited employers from interfering with union activity.
Glass Steagall Act
2. Its purpose was to restore public confidence in banks.
4. It wasn't successful because It didn't put that much effort
Public Works Act
2. It reduced unemployment and created jobs
4. It provided money to states to create jobs by building schools and community buildings
Fair Labor Standards Act
2. To establish a minimum wage and a limit on the number of hours which may be worked in a standard workweek.
4. Yes it was a success
Federal Deposit Insurance
2. Its purpose was to provide stability to the economy and the failing banking system
4. It was a success because it kept the banking system running with a minimum of interference.
Securities and Exchange Commision
2. Its purpose was to protect investors
4. It failed to stop Bernard Madoffs long running investment