Monday, March 24, 2014

THE NEW DEAL

The new deal



The new deal was a term used to describe president Franklin's relief recovery programs made to fight the great depression of the time. examples of these are; The FDIC  federal deposit in insurance concision, which ensured bank deposits up to $5000.
securities and exchange commission sec which regulated market and protected investors from dishonest trading practices.
Tennessee Valley Authority TVA which provided hydroelectric power and other recreational opportunities to Tennessee river valley and surrounding areas.
Social Security Administration SSA which provided old age pensions, disability payments and unemployment benefits.
National Labor Relations Board which enforced provisions of Wagner act like right to collective bargaining and other union rights
Works Progress Administration W PA which gave the unemployed work in construction and arts programs.
fair labor standards act which provided the making of fair labor in employments.

example of Roosevelt's new deal WPA in function

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