Period+2+Great+Depression+Page

Now it is nothing, soon it will make you weep.

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POST YOUR NEW DEAL PROGRAMS BELOW.

Agricultural Adjustment Act (AAA): Enacted on May 12, 1933, it was a restriction of agricultural production in the New Deal era. The government payed farmers to reduce their crop area. Its purpose was to raise crop value. Farmers were paid with money from taxes on companies that processed farm products. The Act created a new agency, the Agricultural Adjustment Administration, and it is considered the first modern U.S. farm bill.

WPA(Works Progress Administration) The Works Progress Administration (WPA) was a relief measure established in 1935 by executive order as the Works Progress Administration, and was redesigned in 1939 when it was transferred to the Federal Works Agency. Headed by Harry L. Hopkins and supplied with an initial congressional appropriation of $4,880,000,000, it offered work to the unemployed on an unprecedented scale by spending money on a wide variety of programs, including highways and building construction, slum clearance, reforestation, and rural rehabilitation. So gigantic an undertaking was inevitably attended by confusion, waste, and political favoritism. By March, 1936, the WPA rolls had reached a total of more than 3,400,000 persons; after initial cuts in June 1939, it averaged 2,300,000 monthly; and by June 30, 1943, when it was officially terminated, the WPA had employed more than 8,500,000 different persons on 1,410,000 individual projects, and had spent about $11 billion. During its 8-year history, the WPA built 651,087 miles of highways, roads, and streets; and constructed, repaired, or improved 124,031 bridges, 125,110 public buildings, 8,192 parks, and 853 airport landing fields. http://www.indiana.edu/~liblilly/wpa/wpa_info.html

HOLC (Home Owners’ Loan Corporation): Was an agency created under the Homeowners Refinancing Act of the New Deal legislation that sought relief.

__Purpose:__ Refinance homes to prevent foreclosure and extend shorter loans to longer term loans.
 * This sought to grant long-term mortgages to over a million people facing home-losses. But HOLC stopped lending money in about 1935 once all the available capital had been spent. Only available to nonfarm homes worth less than $20,000.
 * In essence HOLC succeeded in their mission, refinancing about 20% of all qualifying homes and serving to be a slight advantage to the ailing government. However their biggest affect is that they have served as a model for later organizations working toward the same cause, like HOLC II which has become prominent in recent times.
 * HOLC was the first organization to be credited with initiating mortgage redining which gave out money with bias attitudes, often surfacing the racist tensions common of the time ( http://en.wikipedia.org/wiki/Redlining).

(NIRA) National Industrial Recovery Act of 1933 established a national public works program.

Title I authorized guaranteed trade union rights, permitted the regulation of working standards, and regulated the price of certain refined petroleum products and their transportation. Title II established the Public Works Administration $3.3 billion for public works projects. recovery NIRA was a failure as public policy NIRA endorsed monopolies

The SSA or (Social Security Act), was passed on August 14, 1935. This reform act was a act to give retired Americans, benefits for accidents during work, unemployment, and handicapped people.

( FSA ) Farm Security Administration

FSA is a program to help poor farmers buy lang and to continue in their farming operations. It was a relief because the economy gave a hoe,and a couple of farmers would live there and produce crops. It was more recovery because it helped long term that way farmers would not be taken away from there farms.

NIRA National Industrial Recovery Act

Title I was devoted to industrial recovery. Title II established the Public Works Administration. It would regulate industry and permit cartels and monopolies in an attempt to stimulate economic recovery and establish a national public works program. The NIRA supported and in some cases enforced an alliance of industries. Most industrial companies did not like this. Companies were required to write industry-wide "codes of fair competition" that effectively fixed prices and wages, established production quotas, and imposed restrictions on entry of other companies into the alliances

TVA- Tennessee Valley Authority- Is the nation’s largest public power company, and is a federal corporation. It is not tax funded, and it revenues over 9 billion dollars a year their three customer groups. This is a reform program because this has been going on since 1933.

NLRB (National Labor Relations Board) Reform - Reaffirmed labor’s rights to bargain for wages hours and working conditions, to strike and to arbitration of grievances. It worked only partly and not really till later.


 * FERA**

Federal Emergency Relief Administration
 * First direct relief operation under the new deal
 * Headed by Harry Hopkins
 * It was similar to the unemployment relief efforts of the Reconstruction Finance Corporation, set up by Herbert Hoover.
 * Established as a result of the Federal Emergency Relief Act.
 * Put $500,000,000 into the state run relief projects
 * IT WORKED
 * RELIEF


 * FDIC**: Federal Deposit Insurance Corporation. Provides deposit insurance, which guarantees the safety of deposits in member banks. Also examines and supervises certain financial Institutions. (Relief)

Why the "I AM AN AMERICAN" sign? Why did they sell the grocery store? What is the purpose of the Asian calligraphy on the store side?



Questions: Where are they? Do they have what they need to stay healthy?