* Write at least three sentences for each * Define each term *Explain how it provided relief for unemployment or promoted recovery in business and agriculture. * Page ) Bank Holiday (Emergency Banking Act) 2.) F. D. I.C. 3.) Civilian Conservation Corps 4.) National Industrial Recovery Act 5.) Agricultural Adjustment Act *6.) Subsidy (back of book – dictionary) 7.) Tennessee Valley Authority 8.) Social Security Act ( pg. 711) 9.) The Fair Labor Standards Act (pg. 726)

The New Deal Franklin D. Roosevelt to Herbert Hoover: Just leave them Herb. I'll do it all after March 4th.

Bank Holiday Also known as the Emergency Banking Act. Also known as the Emergency Banking Act. Authorized the federal government to examine all banks. Authorized the federal government to examine all banks. Re-open those that were financially sound. Re-open those that were financially sound. Millions of Americans listened to the first of Franklin Roosevelt’s “fireside chats” for his explanation. Millions of Americans listened to the first of Franklin Roosevelt’s “fireside chats” for his explanation. “I can assure you that it is safer to keep your money in a reopened bank than under the mattress” “I can assure you that it is safer to keep your money in a reopened bank than under the mattress”

F.D.I.C. Created June 1933 Created June 1933 Federal Deposit Insurance Corporation Federal Deposit Insurance Corporation Insured each bank deposit up to $5,000. Insured each bank deposit up to $5,000. It now insures some deposits up to $250,000, but it is set to go back down to $100,000 in It now insures some deposits up to $250,000, but it is set to go back down to $100,000 in 2014.

Civilian Conservation Corp. (C.C.C) Provide relief for many unemployed young men between the ages of 18 and 25. Provide relief for many unemployed young men between the ages of 18 and ,000 young men left their homes to start CCC training. 250,000 young men left their homes to start CCC training. They planted trees, cleared underbrush, created park trails, and developed campgrounds and beaches. They planted trees, cleared underbrush, created park trails, and developed campgrounds and beaches. Earned $30.00 a month Earned $30.00 a month Most of money was sent back home to their families. Most of money was sent back home to their families.

CCC recruits about to leave for Missoula

National Industrial Recovery Act To stimulate industrial and business activity and reduce unemployment. To stimulate industrial and business activity and reduce unemployment. This was done by stabilizing prices, raising wages, limiting work hours, and providing jobs. This was done by stabilizing prices, raising wages, limiting work hours, and providing jobs. Created : Created : Public Works Administration Public Works Administration National Recovery Administration National Recovery Administration

Restaurant supporting the NRA scheme. Restaurant supporting the NRA scheme.

Agriculture Adjustment Act Paid farmers to reduce their output of corn, cotton, dairy products, hogs, rice, tobacco and wheat. Paid farmers to reduce their output of corn, cotton, dairy products, hogs, rice, tobacco and wheat. The reduction would help raise prices. The reduction would help raise prices.

Subsidies A grant by a government to a private person or company to assist an enterprise deemed advantageous to the public. A grant by a government to a private person or company to assist an enterprise deemed advantageous to the public.

Tennessee Valley Authority (T.V.A) May 1933 May 1933 Built new dams Built new dams Built power stations that provided electricity, flood control, and recreational facilities. Built power stations that provided electricity, flood control, and recreational facilities. Combat malaria and literacy. Combat malaria and literacy.

The 34 dams under the control of the TVA on the Tennessee and Cumberland Rivers not only produced electric power but also played a role in flood control, irrigation and navigation. The TVA also served several other purposes including reforestation, preservation of wildlife, production of fertilizer and improved use of agricultural land.

Social Security Act August 1935 August 1935 Contained three provisions Contained three provisions Provided unemployment insurance to workers who lost jobs. Provided unemployment insurance to workers who lost jobs. Provided pensions to retired workers over the age of 65 Provided pensions to retired workers over the age of 65 Provided payments to people with disabilities, the elderly, and the wives and children of male workers who had died. Provided payments to people with disabilities, the elderly, and the wives and children of male workers who had died.

Facts about Social Security The Social Security program turned 77 in August. Since President Franklin D. Roosevelt signed the Social Security Act on Aug. 14, 1935 The Social Security program turned 77 in August. Since President Franklin D. Roosevelt signed the Social Security Act on Aug. 14, 1935President Franklin D. RooseveltSocial Security ActPresident Franklin D. RooseveltSocial Security Act life expectancy in 1930 (a few years before the Social Security system was established), was 58 for men and 62 for women, according to the Social Security Administration. life expectancy in 1930 (a few years before the Social Security system was established), was 58 for men and 62 for women, according to the Social Security Administration. Between 1937 and 2007, the retirement system took in $13 trillion and made payments of $10.6 trillion. Between 1937 and 2007, the retirement system took in $13 trillion and made payments of $10.6 trillion. Social Security's first beneficiary, Ida May Fuller of Ludlow, Vt. Paid social security for 3 years and received benefits averaging about $650 a year (22.54 month) over 35 years. Social Security's first beneficiary, Ida May Fuller of Ludlow, Vt. Paid social security for 3 years and received benefits averaging about $650 a year (22.54 month) over 35 years.Ida May FullerIda May Fuller The first three digits of your Social Security number are assigned based on geographical region, with the lowest numbers being assigned in the Northeast. The middle two digits, called the group number, are allocated in a precise but nonconsecutive order from 01 to 99. The last four digits are issued in a sequential order. The first three digits of your Social Security number are assigned based on geographical region, with the lowest numbers being assigned in the Northeast. The middle two digits, called the group number, are allocated in a precise but nonconsecutive order from 01 to 99. The last four digits are issued in a sequential order.Social Security numberSocial Security number The Social Security trust fund is currently projected to be sufficient to provide payments through Unless changes are made to the program, after that year, resources will be sufficient to pay out only about 78% of scheduled benefits. The Social Security trust fund is currently projected to be sufficient to provide payments through Unless changes are made to the program, after that year, resources will be sufficient to pay out only about 78% of scheduled benefits. Almost all (94%) American workers pay 6.2% of their taxable income, up to $106,800 annually, into the Social Security trust fund. Employers pay a matching 6.2% for each worker. Self-employed workers must contribute 12.4% of their income annually. Almost all (94%) American workers pay 6.2% of their taxable income, up to $106,800 annually, into the Social Security trust fund. Employers pay a matching 6.2% for each worker. Self-employed workers must contribute 12.4% of their income annually.

Social Security Board Poster

The Fair Labor Standards Act Established a minimum wage Established a minimum wage Set the maximum number of required hours for a work week at 44. (later lowered to 40)uioioioyiyuiyi Set the maximum number of required hours for a work week at 44. (later lowered to 40)uioioioyiyuiyi Required overtime rate of time and a half for any hours over the weekly maximum Required overtime rate of time and a half for any hours over the weekly maximum Last major New Deal law. Last major New Deal law.

Critics of the New Deal Francis Townsend Francis Townsend Government to grant a pension of $200 a month to every American over 60 years of age.,jknx,mn,.mc,,cvm,,v,cmv,.cmv.,mv., 0 days Government to grant a pension of $200 a month to every American over 60 years of age.,jknx,mn,.mc,,cvm,,v,cmv,.cmv.,mv., 0 days Outline for Social S b ecurity Outline for Social S b ecurity

Charles Coughlin Charles Coughlin Radio priest Radio priest Nationalize all banks and return to silver standard. Nationalize all banks and return to silver standard.

Huey Long Huey Long U.S. senator from Louisiana U.S. senator from Louisiana Robin Hood plan Robin Hood plan Relief program called “Share the Wealth” Relief program called “Share the Wealth” Government would take money from the rich through taxes. Government would take money from the rich through taxes. Government provide guaranteed minimum income Government provide guaranteed minimum income Home to every American Home to every American Long assassinated in Long assassinated in 1935.

Huey Long: Every Man a King

Critics 1.) Created welfare state 1.) Created welfare state 2.) Promoted deficit spending 2.) Promoted deficit spending 3.) Too much government involvement 3.) Too much government involvement Threatened the free enterprise system. Threatened the free enterprise system.

New Deal Benefits 1.) Modernized the South 2.) Broke down class barriers 3.) Brought electricity to rural areas 4.) Boosted family income 5.) Provided jobs – self worth