Black Tuesday: October 29 th, 1929 Hoover tried to reform the economy but failed. Attacked most countries › Rich › Poor
Series of economic programs › Franklin D. Roosevelt Response to Great Depression › Relief › Reform › Recovery Democratic party Republic Part was split
Distinguish by historians › 1933 Some felt it was unconstitutional Repealed during WW II Dealt with: › Banking › Industrial › Farming
Three Major Acts › Wagner Act › Works Progress Administration (WPA) › Social Security Act WPA shut down during WWII
National Labor Relations Act › Robert F. Wagner Limits the means which employers may react to workers in the private sector › Strikes › Collective Bargaining Doesn’t cover workers covered by Railway Labor Act
Largest New Deal agency Largest employer › Most eligible for jobs Funded by congress Provided 8 mil. Jobs 15% were woman
Refers to Old-Age, Survivors, and Disability Insurance (OASDI) Social welfare and social insurance programs › Disability Insurance › Unemployment benefits › Medicare › Children Health Insurance (SCHIP) Paid by taxes
Civilian Conservation Corps › Employed young adults for unskilled work for government Fair Labor Standards Act › Limited 40 work hours/week Civil Works Administration › Temporary jobs Federal Emergency Relief Administration › Aid to jobless
New Deal Programs still around Most programs passed first 100 days of FDR’s presidency Known as “alphabet soup” 1998 US stamp celebrates alphabet agencies of New Deal