Some Federal Agencies created during the Depression.

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Presentation transcript:

Some Federal Agencies created during the Depression

The New Deal’s 3 “Rs” Each program was aimed at one of these…  Relief - immediate help for unemployed and poor  Recovery - restore the economy to normal levels  Reform - long term changes to our financial system to prevent any more Great Depressions

 Created in 1933  Provided work in National Parks and Forests  Enrollees (18 to 25)  Single  From a family on relief  Pass a physical exam Result: 3 million men helped ended with WWII. CIVILIAN CONSERVATION CORPS

 Created in 1933  Employed 4 million people  Paid $15 per week in construction jobs such as:  Repairing schools  Laying sewer pipes  Building roads.  Results: Roosevelt disbanded the program after less than a year. CIVIL WORKS ADMINISTRATION

 Created by Glass-Steagall Banking Reform Act of 1933  Purpose: Restore confidence in banks and encourage savings  Insured bank customers against the loss of up to $5,000 from bank failures  Results: Still in existence, now protects deposits in banks up to $250,000 FEDERAL DEPOSIT INSURANCE CORP.

 Created in 1933  Supported 5 million households  Funded thousands of work projects for the unemployed  Provided shots and literacy classes for millions of poor people  Result: Moved into Social Security Act. FEDERAL EMERGENCY RELIEF ADMINISTRATION

 Created in 1934  Purpose: To stimulate the building industry by providing small loans for home construction.  Results: Still in existence today FEDERAL HOUSING ADMINISTRATION

 The Wagner Act of 1935  Created the National Labor Relations Board  Purpose: Protect the rights or organized labor to organize and collectively bargain with employers.  Result: Still in place NATIONAL LABOR RELATIONS ACT "Police battle with striking truck drivers," Minneapolis, Minnesota, 1934

 The National Industrial Recovery Act of 1933  Purpose: To promote economic recovery by  Support good wages  Restored competition. The NRA set business codes and quotas.  Failed to stimulate industrial production  In 1935 the Supreme Court declared the NIRA unconstitutional. NATIONAL RECOVERY ACT

 Established by the NIRA in 1933  Over $4 billion was spent on 34,000 projects including:  Public Buildings  Highways  Bridges  Dams for water and power. Results; stopped for WWII, PUBLIC WORKS ADMINISTRATION

 Created in 1934  Federal "watchdog" agency to protect public and private investors from Wall Street:  Stock market fraud  Deception and  Insider manipulation  Results: The SEC is still in existence SECURITIES AND EXCHANGE COMMISSION

 Created in 1935  Purpose: Administer the following programs  National pension fund for retired persons  Unemployment insurance system  Public assistance programs for dependent mothers, children, and the physically disabled.  Pension financed by a payroll tax which began in  Results: Still exists SOCIAL SECURITY ADMINISTRATION

 Created in 1935  Employed 8.5 million  Paid $2 a day  Built roads, bridges, schools, post offices and other public construction projects.  WPA's Arts Program employed thousands of unemployed writers, musicians, artists, actors, and photographers (Dorothea Lange) producing public projects ranging from murals to national park guidebooks  Results: Stopped by WWII WORKS PROGRESS ADMINISTRATION

 1933  Federal Deposit Insurance Corporation (FDIC)  Farm Credit Administration  Agricultural Adjustment Administration (AAA)  Civilian Conservation Corps (CCC)  Tennessee Valley Authority (TVA)  Home Owner's Loan Corporation (HOLC)  1934  Federal Communications Commission (FCC)  Securities and Exchange Commission (SEC)  Federal Housing Administration (FHA)  1935  Social Security Board (SSB)  Works Progress Administration (WPA)  National Youth Administration (NYA)  National Labor Relations Board (NLRB)  1937  Farm Security Administration (FSA)  1938  Federal Crop Insurance Corporation (FCIC)  1940  Civil Aeronautics Board (CAB) New Deal Programs TIMELINE