A New Deal Fights the Depression

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

1. 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

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