The New Deal and Second New Deal

  • Securities and Exchange Commission

    Regulated the stock market and prevented Fraud
  • Home Owners' Loan Corporation

    Helped homeowners make their mortgage payments. It brought the mortgages of many homeowners who were behind in thier payments. It then restuctured them with longer terms of repayment and lower interest rates.
  • Farm Credit Administration

    Helped farmers refinance their mortgages. Over a seven month span, the FCA lent four times as much money to farmers as the entire banking system had the year before.
  • Agricultural Adjustment Act

    Prices for farm goods were low because farmers grew too much food. Government payed some farmers not to raise certain livestock, and not to grow certain crops
  • National Industrial Recovery Act

    Suspended antitrust laws and allowed business, labor, and government to cooperate in setting up voluntary rules for each industry.
  • The Civilian Conservation Corps

    Offered unemployed young men 18-25 years old the opportunity to work under the direction of the forestry sevice planting trees, fighting forest fires, and building reservoirs.
  • Public Works Administration

    One third of the nations unemployment were in the construction industry. The PWA began building highways, dams, sewer systems, schools, and other government facilities.
  • Civil Works Administration

    Employed 4 million people, inculding 300,000 women. Built or improved 1,000 airports, 500,000 miles of roads, 40,000 school buildings and 3,500 playgrounds and parks.
  • American Liberty League

    Organized opposition to the New Deal and "teach the necessity of respect for the rights of person and property"
  • The Townsend Plan

    Proposed that the federal government payed citizens over age 60 a pension of $200 a month
  • Works Progress Administration

    Largest public works program of the New Deal. Between 1935-1941, the WPA spent $11 billion. It employed 8.5 million workers that constructed 650,000 miles of highways, roads, and streets, 125,000 public buildings, and more than 8,000 parks, improved 124,00 bridges and 853 airports
  • National Labor Relations Act

    guaranteed workers the right to organize unions and to bargain collectively. It also set up the National Labor Relations Board which organized factory elections by secret ballot to determine whether workers wanted a union
  • Committee for Industrial Organization

    Set out to organize unions that included all workers, skilled and unskilled, in a particular industry, focused on the automobile and steel industry.
  • Sit Down Strike

    Employees stopped work inside the factory and refused to leave. technique prevented management from sending in replacement workers
  • Social Security Act

    Provided some security for older Americans and unemployed workers.