1. Chapter 15 Section 5 The Impact of the New Deal

2. 1. Labor New Deal Laws & Agencies Lasting Effects 1. Wagner Act
Labor unions can organize & collectively bargain
2. Fair Labor Standards Act
Standards for labor & hours
3. National Labor Relations Board
Government intervention in labor disputes

3. 2. Agriculture & Rural Life
New Deal Laws & Agencies
Lasting Effects
1. Agriculture Adj. Act
Aid to farmers
2. Soil Conservation & Domestic Allotment Act
Use fields intelligently
3. Tennessee Valley Authority
Built and repaired dams
4. Rural Electrification Adm.
Rural electricity
5. Public Utilities Holding Co.
Government regulates rates

4. 3. Banking & Finance New Deal Laws & Agencies Lasting Effects
1. Glass-Steagall Banking Act of 1933
Established the FDIC
2. Federal Securities Act
Required corps. to provide complete information on all stock offerings
3. Securities & Exchange Commission
Government supervision of stock market

5. 4. Social Welfare 1. Social Security Act Unemployment insurance
New Deal Laws & Agencies
Lasting Effects
1. Social Security Act
old-age pension
Unemployment insurance
dependents and disabled

6. 5. Environment New Deal Laws & Agencies Lasting Effects 1. CCC
Built and protected parks & beaches
2. Soil Conservation Service
Prevent floods and dust storms

7. 5. Environment New Deal Laws & Agencies Lasting Effects TVA
Prevent Floods
Taylor Grazing Act
Protect public lands

8. Supporters of the New Deal
The New Deal and Government kept capitalism alive and prevented socialism. The New Deal brought hope and gratitude. The New Deal protected many people from dying.

9. Critics of the New Deal
Conservatives believe the government became too large and powerful. Government stifled free enterprise and individual initiative. Liberals think the New Deal did not close the gap between rich and poor. Taxes were too high and created a federal deficit.