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The Great Depression Chapter 23 – Section 4 The Legacy of the New Deal
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Social Security ► The New Deal brought many changes to the United States. One of the most prominent is the Social Security system. ► This system provides retirement pensions to be paid by a payroll tax on workers and matching payments by employers ► It included aid to dependent children. Financial help to children without fathers, unemployed parents or being cared for by another family.
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Social Security ► Social Security provides financial aid to the disabled, both physically and mentally impaired. ► Finally it set up temporary payments for the unemployed.
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Labor Reforms ► The New Deal also affected the labor sector of American society. Workers saw vast improvements in wages and working conditions. ► The Wagner Act protected workers’ rights to organize into unions. Employers could no longer fire someone just for being a union member. ► The right to collective bargaining was established; companies had to bargain with Unions. ► The establishment of the federal minimum wage.
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Labor Reform ► Workers would be given time-and-a-half pay for overtime work. ► Reforms to end child labor ► Because of the many advances in the labor sector there was a massive growth of union memberships among skilled and unskilled workers. All of whom voted for FDR.
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Scorecard on the New Deal ► Though the New Deal was extremely popular among Americans there were some groups and individuals that did not approve. ► They believed: A powerful federal government threatened individual freedom and free enterprise. The increase in national debt through deficit spending would have disastrous effects. ► Though the New Deal did provide help to thousands of Americans its programs did not fulfill their goal of full economic recovery.
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The New Deal Continued ► Regardless of the New Deal’s shortcomings it did provide with a number of positive effects. Employed millions and improved working conditions on the job Ended the banking crisis and reformed the stock market Built dams and bridges Preserved 12 million acres of parkland Provided electricity to rural areas.
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The New Deal ► The New Deal’s crowning achievement is that it restored America’s faith in government.
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