The New Deal.

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Presentation transcript:

The New Deal

New Deal and Florida Citrus Bowl Stadium (WPA) Florida Caverns (CCC) FSU William Johnston Building (PWA) University of Florida Murphee and Dauer Halls (PWA) Leon High School (PWA) New Deal and Florida

Social Security Act Retirement System Pay in over time and collect at 65 Unemployment Compensation Aid to dependent families and those with disabilities Assist those unable to work

Wagner Act “Magna Carta” of labor Guarantees workers the right to unionize and bargain collectively Established binding arbitration

Agricultural Adjustment Administration Raise crop prices by lower production Government paid farmers not to farm certain acres of crops Less supply would increase prices Angered some for destroying food during food shortage, but did help farmers

Civilian Conservation Corps Gave jobs to young men aged 18 to 25 Built roads, parks Planted trees Flood control projects Worked under the Forestry Service Reforestation

National Industrial Recovery Act Allowed NRA to establish codes of fair competition Prices, hours, wages, unions Industrial production falls due to increased cost

Works Progress Administration Built public works like railroads, roads, buildings etc. Federal Number One grant for artists

Federal Deposit Insurance Corporation Established by the Glass-Stegall Act Separated commercial and investment banking Repealed in 90’s Insures individual bank accounts up to $5,000 Direct response to run on banks and loss of money in stocks by banks

Securities and Exchange Commission Regulates and oversees activity on the stock market Securities Act 1933 Companies provide truthful info.

NLRB Set up by Wagner Act Protects the right of workers to unionize For fair wages, working conditions, secret ballots etc. Held hearings for workers complaining of employers unfair business practices

Tennessee Valley Authority Regional Help; power to rural areas Renovated and built dams Created jobs Rejuvenates the area; response to Dust Bowl