Code writing Blue Eagle Stamp Regulate economy Self-governed industry Nationwide rescue legislation National Recovery Administration TWO GOALS: Create fair practices in industry by: 1. Setting prices of goods. 2. Setting minimum wages for workers. CONTROVERSIAL: Violated the Free-Enterprise System. Business owners abused it. Civilian Conservation Corps Work Camps Young Men Reforestation Road Construction Unemployment Relief Civilian Conservation Corps 3 million men between the ages of 18-25. WORK DONE: Plant trees, build roads, build parks, build bridges, flood control. Overwhelming SUCCESS: Improving the lives of workers and fixing the environment. • Federally Owned • Modernize Agrarian Society • Very Controversial • Electricity • Dams, Energy Plants TVA, Tennessee Valley Authority Tennessee Valley Authority WHY? Half of the people in the Tennessee Valley were in poverty. Deforestation and flooding had left the land infertile. What did this do? Would produce and sell cheap electric power, control floods, replant forests, etc. OVERWHELMING SUCCESS, but controversial because critics said it “reeked of Socialism.” What Am I? Immediate Relief Rose Prices Destroyed Goods Parity Pricing Farmers Agricultural Adjustment Administration Agricultural Adjustment Act The AAA sought to raise crop prices by lowering production. Overproduction- The government paid farmers to NOT farm land, and to plow over crops. Falling prices- By decreasing the surplus of farm goods, the government raised the prices of goods sold. Provide Jobs Economic Stimulus American Industry Public Welfare Public Construction Public Works Administration Public Works Adminstration WORK DONE: Large scale engineering projects, like highways, bridges, power plants, and dams. ACCOMPLISHMENTS: Golden Gate Bridge, Hoover Dam, Grand Coulee Dam. DIFFERENCES: THE CWA was all about relief and getting money in peoples’ pockets. The PWA was about providing work and ALSO helped encourage recovery. Critics speak… American Liberty League “You’ve gone too far.” Rev. Townsend - “Needy people still aren’t being helped.” Huey Long – “Let’s take money from the wealthy and divide it amongst everybody.” Upton Sinclair and Huey Long getting their way Employers and employees working together Excluded farmers and domestic workers Unemployment help- better lose a job first Old age pension SSA (Social Security Act) Social Security Act • Senior Citizens • Unemployed People • Families with dependent children “Old Age Insurance” Half from workers and Half from employers Unemployment checks come from a tax on Employers. • • • • • Glass-Steagall Act Government oversight Trust in banks Insured money Banking Act Federal Deposit Insurance Corporation FDIC The government will insure any bank accounts up to $5,000 then and $100,000 now. Hoped to boost the confidence people had in banks and encourage them to get their money back in the banks. 1. 2. 3. 4. 5. 1935 Magna Carta for labor Trade union Collective bargaining AKA Wagner Act National Labor Relations Act The Wagner Act is the most significant law ever passed in the history of the Labor movement. Government backing of your ability to join a union AND bargain with your boss for improvements. 1. Commerce 2. Employee 3. Time-and-a-half 4. Child Labor 5. Minimum Wage Fair Labor Standards Act The Fair Labor Standards Act creates Federal laws that provide better working conditions for most laborers in the country. OVERTIME, LIMITED HOURS, MINIMUM WAGE.