new deal

By woodson.jacob

  • first new deal

    the congress passed 15 major acts

  • The Securities and Exchange Commission (SEC)

    This was created to regulate the stock market and stop fraud.

  • the Federal Deposit Insurance Corporation (FDIC)

    This provided government insurance for bank deposits. The creation of the FDIC increased public confidence in the banking system.

  • the National Recovery Administration (NRA)

    This act suspended antitrust laws and allowed business, labor, and government to cooperate with rules, or codes of fair competition, for each industry. Codes set prices, established minimum wages,The NRA was declared unconstitutional in 1935.

  • Civilian Conservation Corps (CCC)

    The CCC offered unemployed young men 18–25 years old the opportunity to work under the direction of the forestry service planting trees, fighting forest fires, and building reservoirs.

  • Works Progress Administration (WPA)

    the WPA employed 8.5 million workers and spent $11 billion to construct about 650,000 miles of roadways, 125,000 public buildings, 853 airports, more than 124,000 bridges, and more than 8,000 parks.

  • National Labor Relations Board (NLRB)

    This organized factory elections by secret ballot to determine whether workers wanted a union.

  • the Wagner Act

    This act guaranteed workers the right to unionize and bargain collectively.

  • the Social Security Act

    This act provided some financial security for older Americans, unemployed workers, and others.