1. New Deal/Court Packing Pg. 78

2. New Deal Agencies/Policies
Federal Emergency Relief Administration
Civilian Conservation Corps
Tennessee Valley Authority
Public Works Administration
Federal Housing Administration
Home Owners Loan Corp
Works Progress Administration
National Industrial Recovery Act
National Recovery Administration
Collective Bargaining
Agricultural Adjustment Act
Bank Holiday
Glass-Steagall Act
Federal Deposit Insurance Corporation
Securities and Exchange Commission
National Labor Relations Act/Wagner Act
Social Security Act

3. Federal Housing Administration
Was created by the National Housing Act of 1934
Goal was to stabilize the mortgage market and help people to get mortgage (home) loans
Created to help people stay in their homes (prevent foreclosure) and be able to buy a house (mortgages)

4. Federal Deposit Insurance Corporation
Created by the Glass-Steagall Act
Provides insurances on deposits
Renews faith in banks
At first only insured up to $2,500, today it is up to $250,000
Banks are required to place a sign on
their door saying, “deposits are
backed by the full faith and credit of
the US Government”

5. Securities and Exchange Commission
Regulatory agency
Regulates the stock market
Prevents corporate abuses and buying on margin

6. Social Security Administration
Social Security Act
Gives a fixed income to people who cannot support themselves
Benefits are paid for by taxes placed on current workers

7. Branches of Government
Legislative
Congress (Senate and House of Representatives)
Elected by the People
Makes laws
Executive
President of the United States
Enforces laws
Judicial
Supreme Court
Appointed by the President and approved by Congress
Declares laws unconstitutional

8. New Deal and the Role of Government
Increased the role of the government
Government now was more responsible for ensuring people’s economic welfare
Government also began to limit property rights under eminent domain
Supreme Court started to rule New Deal programs/policies as unconstitutional
Government cannot limit property rights
Federal government was overstepping it’s authority (10th Amendment)
FDR responded by trying to pack the Supreme Court

9. Agricultural Adjustment Act
Created the Agricultural Adjustment Administration
Paid farmers subsidies to not plant crops or to kill off excessive livestock
Purpose was to reduce supply and so increase price
Declared unconstitutional in United States v. Butler
Regulation of agriculture was a state power
Agricultural Adjustment Act of 1938 fixed these problems and subsidies continue today