Research your agency and provide information on the effects/legacy of your agency for your classmates. This is not a discussion--you will just provide information.
The WPA was highly successful they spent a total of $13.4 billion on public works projects. By the time they finished almost every town in the United States had something that was a result of the WPA. They built everything from bridges, to libraries, and overall they provided about 8 million jobs for all sorts of people. Also not only did they provide jobs but they had programs to provide education to young workers. One was called the National Youth Administration and it gave work to young people while encouraging that they stay in school by providing scholarships and education. Sadly as with most other New Deal agencies, the WPA dissolved around WWII when there were more important things to worry about.
Going off that, the WPA was left with a great legacy even though it is no longer around today. Millions of unemployed people got jobs. It also helped cities by public buildings and roads being built. People who had no income were able to start getting paid. Around WWII, the administration started to dissolve, but it will always be remembered for the eight years of employment it gave. They also took over certain relief programs. Like Liam said, one of them was helping the youth.
The FDIC, the Federal Deposit Insurance Corporation, is an independent agency of the United States government. The FDIC protects depositors of insured banks located in the United States against the loss of their money if an insured bank fails. Since the FDIC began operations in 1934, no depositor has ever lost a penny of FDIC-insured deposits. When it started they protected up to $5,000 worth of assets. Today they protect over $250,000 worth of assets. This number is likely to change with the state of the economy to give the people the best chance they can get.
When the Federal Securities Act was passed in 1933, it put the Securities and Exchange commission in place. This organization monitored big businesses or stock brokers to make sure that they were informing their investors fully before giving them shares of stock. This, of course, caused a rift to form between the government and big business corporations. People who distributed securities (stock) didn’t feel that government interference was necessary, and felt that their exchanges were fine the way they were. The government believed that the system as it was was corrupt, and the new policy would help it to benefit the PEOPLE, as he believed it should. In the future, big business would not work together in cooperation with the government and Roosevelt to help end the depression.
(Edit:) Also, the SEC is still in place today, and is still monitoring the stock market to make sure that businesses are not operating unfairly or fraudulently. The public can report a company/business to the SEC if they believe that they are causing a threat to the market, and all companies who wish to share stock must first register with the SEC.
Social Security is an act that is still in use today but a lot of changes were made to the act since it was passed by the senate in 1935. The money in the act has grown from $1,278,000 to $615,344,000,000 from 1937 to 2008. Within a few years of the bill being passed, it encouraged elderly to retire, making more jobs for young people and therefore decreasing the unemployment rate. The act has grown steadily since it was passed and is still growing today. In 1940, more than 222,000 people receive monthly social security benefits. Today, over 50 million people are receiving such benefits. Many changes have been made throughout the years including changes having to do with not getting certain benefits because of drugs and alcohol use and also welfare reforms for noncitizens. Through the years, the bill has acquired budget raises and also restrictions because of certain actions.
Going off of Maria Social Security has played a vital role in many people’s lives. It provides a steady income to those who have disabilities and also gives to the elderly or retired. Social Security plays a key role on the economy. It supports over 9 million jobs all over the country and has an economic output of more than a trillion dollars. It has been helping those who are incapable of supporting themselves at an older age or if they have disabilities, and ever since it has been benefiting the economy in the process by providing new jobs for younger people. This act encourages elderly to retire sooner. It created many new opportunities for unemployed citizens.
The CWA aimed to create jobs for the unemployed people in America and provide them with a steady source of income. Although short lived, the CWA accomplished a lot. The Civil Works Administration added more than a billion dollars into the economy and in turn created high paying jobs for roughly 4 million workers, which was about 3% of the countries population. Along with creating jobs for the unemployed, the CWA helped to improve buildings, bridges, airports and lay over 500,000 miles of road. On a not so good note, the CWA put the government into much greater debt after going about 600 million dollars over budget and ended the governments "laissez-faire" approach regarding employment.
Going along with what Beth said, the CWA was largely for the people but unfortunately was short lived. The CWA did do its intended goal, which was to provide jobs for people in need of support. The main negative outcome of the CWA was the amount of Debt the government wound up in, which was about 600 million dollars.
The CCC was credited with renewing the nation's decimated forests by planting an estimated three billion trees from 1933 to 1942. This was crucial, especially in states affected by the Dust Bowl, where reforestation was necessary to break the wind, hold water in the soil, and hold the soil in place. So far reaching was the CCC's reforestation program that it was responsible for more than half the reforestation, public and private, accomplish in the nation's history. The CCC worked on improving millions of acres of federal and state lands, as well as parks. New roads were built, telephone lines strung, and trees planted.
The NRA was known for resorting the countries economy. It covered topics like unfair working conditions and unfair competition between businesses. It's main goal was to stop the cut throat competition that was going on between large and small businesses. They wanted to restore the economy in America and make sure there were no monopolies or discrimination towards small businesses. Eventually, the NRA was deemed unconstitutional by the Supreme Court and was repealed mainly because it infringed the separation of powers under the US constitution.
Tenant farmers and sharecroppers experienced the worst of the agricultural depression in the early 1930’s. The AAA successfully reduced crop production and increased the price on some crops. Of course there were some flaws with this act, as it disproportionately distributed money unequally: more money to bigger companies, less to smaller. Eventually this act was deemed unconstitutional in 1935 since it levied tax from its processors and gave the money directly to the farmers. In 1938 though, a newer version of the AAA came back into place, making the government responsible for paying the subsidies. Today this system is still in use though now called the Production & Marketing Administration.
The NLRB, or the National Labor Relations Act of The Wagner Act of 1935 was created to protect the rights of workers against unionization. Its implementation was controversial. As a result, the act is still there but it is being amended by the Taft-Hartley amendments in 1947. This act made union more attractive since union discrimination from employers became illegal. Over time it smoothed out, and condition were bearable. Workers got what they wanted like pay and breaks etc
The National Youth Administration or NYA ended in 1943 due to national and social criticism. Although it ended, in the time it was running it helped over 2.1 million students find jobs. There was also approximately 2.6 million unschooled youth helped within this program. It was able to bring relief to a much needed cause at a low cost. It was very unpopular with conservatives, but it still managed to provide much of the youth with jobs and schooling.
Farmers went through very hard times during the depression in the 1930s. The AA was organized to reduce the production of crops and raise the prices but with this came some issues. Money wasn't being distributed correctly. More of the money earned was going to the larger companies and less amounts to the smaller. This act was then named unconstitutional and the Agricultural Adjustment Administration came into play which allowed the money problems to go away.
After the FHA was put into effect people began to buy more into the housing industries. Many people owned their homes through this administration. The biggest effect it had on society was redlining. Redlining is when neighborhoods are assigned a color and a "status". Green meant mostly-all white while red meant mostly-all african americans. The worth of your neighborhood depended on the color of skin your neighbors had. When people applied for FHA loans they had to go through the FHA requirements. The organization basically split communities up to have segregated housing.(If you were black your house was worth less, therefore when someone black moved into a white neighborhood they would try to move while the value of their house was still high). The FHA is still around today and has more regulations. In 1968 a law was put into place to ban redlining.
The PWA started in 1939 and later got shut down in 1943 because it was deemed unconstitutional. The PWA spent up to 6 billion dollars on construction works in bursts. Between 1933-1935 is when the most amount of money was spent. Though this agency eventually got shut down, the works that they had made still affect us even to this day. This agency also successfully completed 34,000 projects as well as 70% of the new schools. In addition to these projects, some critics complain about the amount of housing that was built during this time. The PWA promised that it would build many housing developments, but only constructed a measly 29,000 units. All-in-all, with its short lifespan, the PWA accomplished many buildings such as roads, hospitals, schools, and much more.
The WPA was highly successful they spent a total of $13.4 billion on public works projects. By the time they finished almost every town in the United States had something that was a result of the WPA. They built everything from bridges, to libraries, and overall they provided about 8 million jobs for all sorts of people. Also not only did they provide jobs but they had programs to provide education to young workers. One was called the National Youth Administration and it gave work to young people while encouraging that they stay in school by providing scholarships and education. Sadly as with most other New Deal agencies, the WPA dissolved around WWII when there were more important things to worry about.
ReplyDeleteGoing off that, the WPA was left with a great legacy even though it is no longer around today. Millions of unemployed people got jobs. It also helped cities by public buildings and roads being built. People who had no income were able to start getting paid. Around WWII, the administration started to dissolve, but it will always be remembered for the eight years of employment it gave. They also took over certain relief programs. Like Liam said, one of them was helping the youth.
DeleteThe FDIC, the Federal Deposit Insurance Corporation, is an independent agency of the United States government. The FDIC protects depositors of insured banks located in the United States against the loss of their money if an insured bank fails. Since the FDIC began operations in 1934, no depositor has ever lost a penny of FDIC-insured deposits. When it started they protected up to $5,000 worth of assets. Today they protect over $250,000 worth of assets. This number is likely to change with the state of the economy to give the people the best chance they can get.
ReplyDeleteWhen the Federal Securities Act was passed in 1933, it put the Securities and Exchange commission in place. This organization monitored big businesses or stock brokers to make sure that they were informing their investors fully before giving them shares of stock. This, of course, caused a rift to form between the government and big business corporations. People who distributed securities (stock) didn’t feel that government interference was necessary, and felt that their exchanges were fine the way they were. The government believed that the system as it was was corrupt, and the new policy would help it to benefit the PEOPLE, as he believed it should. In the future, big business would not work together in cooperation with the government and Roosevelt to help end the depression.
ReplyDelete(Edit:)
DeleteAlso, the SEC is still in place today, and is still monitoring the stock market to make sure that businesses are not operating unfairly or fraudulently. The public can report a company/business to the SEC if they believe that they are causing a threat to the market, and all companies who wish to share stock must first register with the SEC.
Social Security is an act that is still in use today but a lot of changes were made to the act since it was passed by the senate in 1935. The money in the act has grown from $1,278,000 to $615,344,000,000 from 1937 to 2008. Within a few years of the bill being passed, it encouraged elderly to retire, making more jobs for young people and therefore decreasing the unemployment rate. The act has grown steadily since it was passed and is still growing today. In 1940, more than 222,000 people receive monthly social security benefits. Today, over 50 million people are receiving such benefits. Many changes have been made throughout the years including changes having to do with not getting certain benefits because of drugs and alcohol use and also welfare reforms for noncitizens. Through the years, the bill has acquired budget raises and also restrictions because of certain actions.
ReplyDeleteGoing off of Maria Social Security has played a vital role in many people’s lives. It provides a steady income to those who have disabilities and also gives to the elderly or retired. Social Security plays a key role on the economy. It supports over 9 million jobs all over the country and has an economic output of more than a trillion dollars. It has been helping those who are incapable of supporting themselves at an older age or if they have disabilities, and ever since it has been benefiting the economy in the process by providing new jobs for younger people. This act encourages elderly to retire sooner. It created many new opportunities for unemployed citizens.
DeleteThe CWA aimed to create jobs for the unemployed people in America and provide them with a steady source of income. Although short lived, the CWA accomplished a lot. The Civil Works Administration added more than a billion dollars into the economy and in turn created high paying jobs for roughly 4 million workers, which was about 3% of the countries population. Along with creating jobs for the unemployed, the CWA helped to improve buildings, bridges, airports and lay over 500,000 miles of road. On a not so good note, the CWA put the government into much greater debt after going about 600 million dollars over budget and ended the governments "laissez-faire" approach regarding employment.
ReplyDeleteGoing along with what Beth said, the CWA was largely for the people but unfortunately was short lived. The CWA did do its intended goal, which was to provide jobs for people in need of support. The main negative outcome of the CWA was the amount of Debt the government wound up in, which was about 600 million dollars.
DeleteThe CCC was credited with renewing the nation's decimated forests by planting an estimated three billion trees from 1933 to 1942. This was crucial, especially in states affected by the Dust Bowl, where reforestation was necessary to break the wind, hold water in the soil, and hold the soil in place. So far reaching was the CCC's reforestation program that it was responsible for more than half the reforestation, public and private, accomplish in the nation's history. The CCC worked on improving millions of acres of federal and state lands, as well as parks. New roads were built, telephone lines strung, and trees planted.
ReplyDeleteThe NRA was known for resorting the countries economy. It covered topics like unfair working conditions and unfair competition between businesses. It's main goal was to stop the cut throat competition that was going on between large and small businesses. They wanted to restore the economy in America and make sure there were no monopolies or discrimination towards small businesses. Eventually, the NRA was deemed unconstitutional by the Supreme Court and was repealed mainly because it infringed the separation of powers under the US constitution.
ReplyDeleteTenant farmers and sharecroppers experienced the worst of the agricultural depression in the early 1930’s. The AAA successfully reduced crop production and increased the price on some crops. Of course there were some flaws with this act, as it disproportionately distributed money unequally: more money to bigger companies, less to smaller. Eventually this act was deemed unconstitutional in 1935 since it levied tax from its processors and gave the money directly to the farmers. In 1938 though, a newer version of the AAA came back into place, making the government responsible for paying the subsidies. Today this system is still in use though now called the Production & Marketing Administration.
ReplyDeleteThe NLRB, or the National Labor Relations Act of The Wagner Act of 1935 was created to protect the rights of workers against unionization. Its implementation was controversial. As a result, the act is still there but it is being amended by the Taft-Hartley amendments in 1947. This act made union more attractive since union discrimination from employers became illegal. Over time it smoothed out, and condition were bearable. Workers got what they wanted like pay and breaks etc
ReplyDeleteThe National Youth Administration or NYA ended in 1943 due to national and social criticism. Although it ended, in the time it was running it helped over 2.1 million students find jobs. There was also approximately 2.6 million unschooled youth helped within this program. It was able to bring relief to a much needed cause at a low cost. It was very unpopular with conservatives, but it still managed to provide much of the youth with jobs and schooling.
ReplyDeleteFarmers went through very hard times during the depression in the 1930s. The AA was organized to reduce the production of crops and raise the prices but with this came some issues. Money wasn't being distributed correctly. More of the money earned was going to the larger companies and less amounts to the smaller. This act was then named unconstitutional and the Agricultural Adjustment Administration came into play which allowed the money problems to go away.
ReplyDeleteAfter the FHA was put into effect people began to buy more into the housing industries. Many people owned their homes through this administration. The biggest effect it had on society was redlining. Redlining is when neighborhoods are assigned a color and a "status". Green meant mostly-all white while red meant mostly-all african americans. The worth of your neighborhood depended on the color of skin your neighbors had. When people applied for FHA loans they had to go through the FHA requirements. The organization basically split communities up to have segregated housing.(If you were black your house was worth less, therefore when someone black moved into a white neighborhood they would try to move while the value of their house was still high).
ReplyDeleteThe FHA is still around today and has more regulations. In 1968 a law was put into place to ban redlining.
The PWA started in 1939 and later got shut down in 1943 because it was deemed unconstitutional. The PWA spent up to 6 billion dollars on construction works in bursts. Between 1933-1935 is when the most amount of money was spent. Though this agency eventually got shut down, the works that they had made still affect us even to this day. This agency also successfully completed 34,000 projects as well as 70% of the new schools. In addition to these projects, some critics complain about the amount of housing that was built during this time. The PWA promised that it would build many housing developments, but only constructed a measly 29,000 units. All-in-all, with its short lifespan, the PWA accomplished many buildings such as roads, hospitals, schools, and much more.
ReplyDelete