Cameron Ross Tori Hancock Riley Brennan Stephanie Stahl What has been the long- term affect of the New Deal on the economy, industrial & farm workers,

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Presentation transcript:

Cameron Ross Tori Hancock Riley Brennan Stephanie Stahl What has been the long- term affect of the New Deal on the economy, industrial & farm workers, and banking & finance?

Economy  Helped economy in new ways  Gave many people job opportunities  Works Progress Administration  Unemployment rates lowered 14%

Industrial & Farm Workers  Agricultural Adjustment Act  parity  Soil Conservation and Domestic Allotment Act  Improved labor conditions  Wagner Act  National Labor Relations Board

Banking & Finance  Securities and Exchange Commission  Americans trust banks  Glass-Steagall Banking Act of 1933  Federal Deposit Insurance Corporation (FDIC)

Long Term Effects of New Deal Key Words 1)Federal Deposit Insurance Corporation (FDIC):  Created by Glass-Steagall Banking Act  Provides federal insurance for individual bank accounts of less than $5,000  Reassures depositors that their savings are protected against any bank failures 2)National Labor Relations Board:  Created under Wagner Act  Act as a mediator in labor disputes between unions and employers 3)Works Progress Administration (WPA):  Created as many jobs as possible in order to help the unemployed stimulate the economy  Worked mostly on construction projects

New Deal Diagram

1. Which of the following did the Wagner act instigate? A) The National Labor Relations Board to hear testimony about unfair practices B) The Social Security Act C) Workers rebelling against unions D) Businesses using more unfair practices than before 2. The _____ offered thousands of construction jobs for unskilled workers.

1. Which of the following did the Wagner act instigate? 2. The _____ offered thousands of construction jobs for unskilled workers The Works Progress Administration offered thousands of construction jobs for unskilled workers B) The Social Security Act