Transcript Chapter 15 Section 5 The Impact of the New Deal

Chapter 15
Section 5
The Impact of
the New Deal
1. Labor
New Deal Laws &
Agencies
Lasting Effects
1. Wagner Act
Labor unions can
organize &
collectively
bargain
2. Fair Labor
Standards Act
Standards for
labor & hours
3. National Labor
Relations Board
Government
intervention in
labor disputes
2. Agriculture & Rural Life
New Deal Laws &
Agencies
Lasting Effects
1. Agriculture Adj. Act
Aid to farmers
2. Soil Conservation & Use fields intelligently
Domestic Allotment Act
3. Tennessee Valley
Authority
Built and repaired
dams
4. Rural Electrification
Adm.
Rural electricity
5. Public Utilities
Holding Co.
Government regulates
rates
3. Banking & Finance
New Deal Laws &
Agencies
Lasting Effects
1. Glass-Steagall
Banking Act of
1933
2. Federal
Securities Act
Established the
FDIC
3. Securities &
Exchange
Commission
Required corps. to
provide complete
information on all
stock offerings
Government
supervision of
stock market
4. Social Welfare
New Deal Laws
& Agencies
1. Social
Security Act
Lasting Effects
old-age
pension
Unemployment
insurance
dependents
and disabled

5. Environment
New Deal Laws Lasting Effects
& Agencies
1. CCC
2. Soil
Conservation
Service
Built and
protected
parks &
beaches
Prevent floods
and dust
storms
5. Environment
New Deal Laws &
Agencies
Lasting
Effects
TVA
Prevent
Floods
Taylor Grazing Act
Protect
public
lands
Supporters of the New Deal
The New Deal and
Government kept
capitalism alive and
prevented socialism.
The New Deal brought
hope and gratitude.
The New Deal protected
many people from
dying.
Critics of the New Deal
Conservatives believe the
government became too
large and powerful.
Government stifled free
enterprise and individual
initiative. Liberals think the
New Deal did not close the
gap between rich and poor.
Taxes were too high and
created a federal deficit.