[2015] Pierson Martha (watson Period 8): The New Deal

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Last updated 6 years ago

Social Studies
American History

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[2015] Pierson Martha (watson Period 8): The New Deal

The Securities and Exchange Commission (1934) serves to regulate Wall Street to protect U.S. investors from loss of incomes, maintaing fair and orderly markets, and encouraging capital markets. The SEC requires businesses to disclose any information needed for an investor to make an informed decision.

The National Labor Relations Board was first created as part of the New Deal in 1935. It's goal was to strengthen the power of organized labor, to ensure workers' rights to form unions, and to prevent unfair labor practices by businesses or labor unions. The new law and board would serve to govern relations between employees and employers and ensure their right to collectively bargain.

Aid to Families with Dependent Children was established by the Social Security Act of 1935 providing cash to needy children deprived of parental support and care. States decided who would recieve the aid, determined benefit levels, established resource levels and administered the program.



The Federal Deposit Insurance Corporation insures deposits made by individuals to banks, and other financial institutions up to $250,000. It was founded in 1933 to mitigate the damage the US economy encountered due to bank failures from the stock market crash and risky investments.




The New Deal

Works Citedall information from:http://www.allgov.com/

In 1932 the Federal Housing Administration was created to revive the housing industry and stimulate homeowenership through regulating interest rates and providing mortgage insurance. It was created to address the instability in housing markets during the Great Depression and did so through promotion of buying and lending and stimulation industries such as construction.

The Social Security Administration is responsible for distributing monthly retirement and disability benefits to Americans. Founded in 1935 the SSA implements two programs. The first is to provide funding to Americans age 65 and older. The second pays benefits to disabled adults and children with limited income and resources. These programs provide cash to meet the basic needs of food, clothing, and shelter.



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