Monday, February 10, 2014

The New Deal

The New Deal was a time after the Great Depression where programs where made to help citizens and people who had been badly affected by the Great Depression. The program FDIC was made to provide deposit insurance to ensure safety of depositors account. The SEC program was created to regulate the stock market. The TVA program was made to help farmers and made jobs in one of America's least modernized areas. The Social Security Act provided provided old-age pensions for workers, survivors benefits for victims of industrial accidents, unemployment insurance, and aid for dependent mothers and children, the blind and physically disabled.The NLRA program banned unfair workplace practices in the private sector, prohibited employers from interfering with their workers’ attempts to form unions, and established the National Labor Relations Board to enforce the law. The FLSA controlled working conditions and hours.

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