Critical Thinking 15.2
• 1. How is the New Deal viewed today?
Conservatives feel FDR made the gov’t too big and interfered w/
free enterprise and individual initiative
Liberals feel FDR did not do enough to socialize the economy and
end poverty in US
• 2. What effect did New Deals policies have on labor, agriculture,
banking, and finance?
– Labor: set standards for wages & hours, elminated child labor,
and ensured the right to unionize
– Agriculture: put quotas on crop production to control surplus and
low prices
– Banking & Finance: created laws to regulate sale of stocks and
bonds; protected savings from bank failures
• 3. What was unique about the New Deal’s social policies?
– Old-age insurance; unemployment compensation, and aid to
disabled and families with dependent children
• 4. What did the New Deal do for the environment?
– Planted trees, taught farmers how to conserve soil, reduced
grazing on public lands; built dams to prevent flooding; created
national parks; strip mining and coal burning polluted
environment
Impact of New Deal
•
In groups of 3 gather info from notes/book on the impact of the
reforms made by the New Deal
1. Labor
1. New Deal Laws and Agencies
2. Lasting Effects on American Gov’t & Life
2. Agriculture & rural life
1. New Deal Laws and Agencies
2. Lasting Effects on American Gov’t & Life
3. Banking & finance
1. New Deal Laws and Agencies
2. Lasting Effects on American Gov’t & Life
4. Social Welfare
1. New Deal Laws and Agencies
2. Lasting Effects on American Gov’t & Life
5. Environment
1. New Deal Laws and Agencies
2. Lasting Effects on American Gov’t & Life
Impact of New Deal
1.
Labor
1.
2.
2.
Agriculture & rural life
1.
2.
3.
2.
Securities and Exchange Commission; Glass-Stealgall Banking Act; Federal
Deposit Insurance Corporation
Monitoring of the stock market; federal enforcement of laws regarding the sale
of stocks and bonds; insurance on bank accounts
Social Welfare
1.
2.
5.
Agricultural Adjustment Acts; Soil Conservation Service
Aid to farmers; farm price supports; taught contour plowing, terracing, crop
rotation
Banking & finance
1.
4.
Wagner Act; Fair Labor Standards Act; National Labor Relations Board
Standards for wages and hours; ban on child labor; rights to organize & bargain
collectively; gov’t mediation of labor disputes
Social Security Act
Federal gov’t acceptance of some responsibility for the social welfare of its
citizens; old-age insurance programs; unemployment compensation system;
programs to aid families with dependent children and the disabled
Environment
1.
2.
Civilian Conservation Corps; Soil Conservation Service; Talyor Grazing Act;
Tennessee Valley Authority
Programs protecting the nation’s natural resources & farmlands; prevention of
floods and dust storms; more national parks & wildlife refugees; pollution