New Deal Reforms

I. The 2nd “New Deal” (1935-1940)

1. 1st New Deal for Relief and Recovery a. Help Americans now2. 2nd New Deal for Reform a. Help America’s future

II. New Laws for Labor1. National Labor Relations Act or

Wagner-Connery Act a. Companies must allow Unions -“collective bargaining” -employers & employees agree on conditions

b. Boost in Organized Labor Unions -American Federation of Labor (AFL) -Congress of Industrial Organizations (CIO)2. Fair Labor Standards Act a. “Minimum wage” (40 cents / hour)

3. Social Security Act a. Aid to elderly b. $ support to unemployed4. U.S. Housing Authority a. Improved factory worker living conditions

III. The New AAA 1938 (Agricultural Adjustment Administration)

1. 1st AAA “unconstitutional”2. Limited crop production a. Increase crop prices3. Crop insurance4. Soil preservation5. Electricity to farms a. TVA dams

IV. Protecting InvestorsGoal: Prevent another stock market crash1. Federal Reserve Board a. Supervised banks and loans2. Securities and Exchange commission

(SEC) a. Supervised stock and bond activity -prevented over-production

V. Election of 1936

1. FDR (D) vs. Alfred Landon (R) 2. Landslide victory for Roosevelt a. FDR 46 states – Landon 2 states b. Americans approved of “New Deal”

QuestionsQuestions1.1. How did the New Deal help workers? How did the New Deal help workers?

2. What did the New Deal do for farmers?2. What did the New Deal do for farmers?

3. What did President F.D.R. hope to 3. What did President F.D.R. hope to accomplish with the New Deal?accomplish with the New Deal?

4. Overall, was the New Deal successful?4. Overall, was the New Deal successful? Explain.Explain.