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New Deal
The New Deal was a series of programs, public work projects, financial reforms, and regulations enacted by President Franklin D. Roosevelt in the United States between 1933 and 1939. Major federal programs agencies included the Civilian Conservation Corps (CCC), the Works Progress Administration (WPA), the Civil Works Administration (CWA), the Farm Security Administration (FSA), the National Industrial Recovery Act of 1933 (NIRA) and the Social Security Administration (SSA). They provided support for farmers, the unemployed, youth, and the elderly. The New Deal included new constraints and safeguards on the banking industry and efforts to re-inflate the economy after prices had fallen sharply. New Deal programs included both laws passed by Congress as well as presidential executive orders during the first term of the presidency of Franklin D. Roosevelt. The programs focused on what historians refer to as the "3 R's": relief for the unemployed and for the poor, recovery ...
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First New Deal
The New Deal was a series of programs, public work projects, financial reforms, and regulations enacted by President Franklin D. Roosevelt in the United States between 1933 and 1939. Major federal programs agencies included the Civilian Conservation Corps (CCC), the Works Progress Administration (WPA), the Civil Works Administration (CWA), the Farm Security Administration (FSA), the National Industrial Recovery Act of 1933 (NIRA) and the Social Security Administration (SSA). They provided support for farmers, the unemployed, youth, and the elderly. The New Deal included new constraints and safeguards on the banking industry and efforts to re-inflate the economy after prices had fallen sharply. New Deal programs included both laws passed by Congress as well as presidential executive orders during the first term of the presidency of Franklin D. Roosevelt. The programs focused on what historians refer to as the "3 R's": relief for the unemployed and for the poor, recovery ...
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Economic Programs (United States)
Economic Programs in the United States are created for the purpose of helping the economy. Economic Programs * Emergency Banking Act * Economy Act * Civilian Conservation Corps (CCC) * Agriculture Adjustment Act (AAA) * Tennessee Valley Authority (TVA) * National Industrial Recovery Act (NIRA) * Public Works Administration (PWA) * Banking Act of 1933 * Federal Emergency Relief Administration (FERA) * Federal Housing Administration (FHA) * Civil Works Administration (CWA) * Frazier-Lemke Farm Bankruptcy Act * Federal Securities Act * Glass–Steagall Act * Federal Deposit Insurance Corporation (FDIC) * National Housing Act * Securities and Exchange Act (SEC) * Indian Reorganization Act * Home Owners' Loan Corporation (HOLC) * Works Progress Administration (WPA) * National Youth Administration The National Youth Administration (NYA) was a New Deal agency sponsored by Franklin D. Roosevelt during his presidency. It focused on providing work and education for Americans betwe ...
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Political Machine
In the politics of representative democracies, a political machine is a party organization that recruits its members by the use of tangible incentives (such as money or political jobs) and that is characterized by a high degree of leadership control over member activity. The machine's power is based on the ability of the boss or group to get out the vote for their candidates on election day. While these elements are common to most political parties and organizations, they are essential to political machines, which rely on hierarchy and rewards for political power, often enforced by a strong party whip structure. Machines sometimes have a political boss, typically rely on patronage, the spoils system, "behind-the-scenes" control, and longstanding political ties within the structure of a representative democracy. Machines typically are organized on a permanent basis instead of a single election or event. The term "machine" usually is used by its reform-minded enemies in a pejor ...
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National Recovery Administration
The National Recovery Administration (NRA) was a prime agency established by U.S. president Franklin D. Roosevelt (FDR) in 1933. The goal of the administration was to eliminate " cut throat competition" by bringing industry, labor, and government together to create codes of "fair practices" and set prices. The NRA was created by the National Industrial Recovery Act (NIRA) and allowed industries to get together and write "codes of fair competition". The codes intended both to help workers set minimum wages and maximum weekly hours, as well as minimum prices at which products could be sold. The NRA also had a two-year renewal charter and was set to expire in June 1935 if not renewed. The NRA, symbolized by the Blue Eagle, was popular with workers. Businesses that supported the NRA put the symbol in their shop windows and on their packages, though they did not always go along with the regulations entailed. Though membership of the NRA was voluntary, businesses that did not displ ...
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Securities Act Of 1933
The Securities Act of 1933, also known as the 1933 Act, the Securities Act, the Truth in Securities Act, the Federal Securities Act, and the '33 Act, was enacted by the United States Congress on May 27, 1933, during the Great Depression and after the stock market crash of 1929. It is an integral part of United States securities regulation. It is legislated pursuant to the Interstate Commerce Clause of the Constitution. It requires every offer or sale of securities that uses the means and instrumentalities of interstate commerce to be registered with the SEC pursuant to the 1933 Act, unless an exemption from registration exists under the law. The term "means and instrumentalities of interstate commerce" is extremely broad and it is virtually impossible to avoid the operation of the statute by attempting to offer or sell a security without using an "instrumentality" of interstate commerce. Any use of a telephone, for example, or the mails would probably be enough to subject t ...
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Make-work Job
A make-work job is a job that has less immediate financial or little benefit at all to the economy than the job costs to support. It may also have no benefit. Make-work jobs are similar to workfare, but are publicly offered on the job market and have otherwise normal employment requirements (workfare jobs, in contrast, may be handed out to a randomly selected applicant or have special requirements such as continuing to search for a non-workfare job). Analysis Some consider make-work jobs to be harmful when they provide very little practical experience or training for future careers. As a part of the New Deal, the Civil Works Administration (CWA) was in 1933 created as a stopgap measure to boost the economic relief provided by the Federal Emergency Relief Administration and Public Works Administration. At its peak, the CWA employed 4,230,000 people; however, President Roosevelt was wary of the specter of corruption and accusations of boondoggling, and shut the CWA down after l ...
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Federal Emergency Relief Administration
The Federal Emergency Relief Administration (FERA) was a program established by President Franklin Roosevelt in 1933, building on the Hoover administration's Emergency Relief and Construction Act. It was replaced in 1935 by the Works Progress Administration (WPA). Prior to 1933, the federal government gave loans to the states to operate relief programs. One of these, the New York state program TERA (Temporary Emergency Relief Administration), was set up in 1931 and headed by Harry Hopkins, a close adviser to Governor Franklin D. Roosevelt. Roosevelt asked Congress to set up FERA—which gave grants to the states for the same purpose—in May 1933, and appointed Hopkins to head it. Along with the Civilian Conservation Corps (CCC) it was the first relief operation under the New Deal. FERA's main goal was to alleviate household unemployment by creating new unskilled jobs in local and state government. Jobs were more expensive than direct cash payments (called "the dole"), but were p ...
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1933 Banking Act
The Banking Act of 1933 () was a statute enacted by the United States Congress that established the Federal Deposit Insurance Corporation (FDIC) and imposed various other banking reforms. The entire law is often referred to as the Glass–Steagall Act, after its Congressional sponsors, Senator Carter Glass ( D) of Virginia, and Representative Henry B. Steagall (D) of Alabama. The term "Glass–Steagall Act," however, is most often used to refer to four provisions of the Banking Act of 1933 that limited commercial bank securities activities and affiliations between commercial banks and securities firms. That limited meaning of the term is described in the article on Glass–Steagall Legislation. The Banking Act of 1933 (the 1933 Banking Act) joined together two long-standing Congressional projects: #A federal system of bank deposit insurance championed by Representative Steagall #The regulation (or prohibition) of the combination of commercial and investment banking and other ...
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Emergency Banking Act
__NOTOC__ The Emergency Banking Act (EBA) (the official title of which was the Emergency Banking Relief Act), Public Law 73-1, 48 Stat. 1 (March 9, 1933), was an act passed by the United States Congress in March 1933 in an attempt to stabilize the banking system. Bank holiday Beginning on February 14, 1933, Michigan, an industrial state that had been hit particularly hard by the Great Depression in the United States, declared a four-day bank holiday. Fears of other bank closures spread from state to state as people rushed to withdraw their deposits while they still could do so. Within weeks, all other states held their own bank holidays in an attempt to stem the bank runs, with Delaware becoming the 48th and last state to close its banks on March 4. Following his inauguration on March 4, 1933, President Franklin Roosevelt set out to rebuild confidence in the nation's banking system and to stabilize America's banking system. On March 6, he declared a four-day ''national'' ...
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Second New Deal
The Second New Deal is a term used by historians to characterize the second stage, 1935–36, of the New Deal programs of President Franklin D. Roosevelt. The most famous laws included the Emergency Relief Appropriation Act, the Banking Act, the Wagner National Labor Relations Act, the Public Utility Holding Companies Act, the Social Security Act, and the Wealth Tax Act. In his address to Congress on 4 January 1935, Roosevelt called for five major goals: improved use of national resources, security against old age, unemployment and illness, and slum clearance, national work relief program (the Works Progress Administration) to replace direct relief efforts. It included programs to redistribute wealth, income, and power in favor of the poor, the old, farmers and labor unions. The most important programs included Social Security, the National Labor Relations Act ("Wagner Act"), the Banking Act of 1935, rural electrification, and breaking up utility holding companies. The Undis ...
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Conservatism In The United States
Conservatism in the United States is a political and social philosophy based on a belief in limited government, individualism, traditionalism, republicanism, and limited federal governmental power in relation to U.S. states. Conservative and Christian media organizations, along with American conservative figures, are influential, and American conservatism is one of the majority political ideologies within the Republican Party. American social conservatives typically support what they consider Christian values, moral absolutism, traditional family values, and American exceptionalism, while opposing abortion, euthanasia, and same-sex marriage. It favours economic individualism, and is generally pro-business and pro-capitalism, while supporting anti-communism and opposing labor unions. It often advocates a strong national defense, gun rights, free trade, and a defense of Western culture from perceived threats posed by both communism and moral relativism. Since the ...
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Progressivism In The United States
Progressivism in the United States is a political philosophy and reform movement in the United States advocating for policies that are generally considered left-wing, left-wing populist, libertarian socialist, social democratic, and environmentalist. In mainstream American politics, progressives generally advocate for a universal healthcare system, wage equity and labor rights, economic justice, social justice, opposition to the military-industrial complex, corporate regulation, the abolition of capital punishment, and action on climate change. It reached its height early in the 20th century. Middle class and reformist in nature, it arose as a response to the vast changes brought by modernization such as the growth of large corporations, pollution and corruption in American politics. Historian Alonzo Hamby describes American progressivism as a "political movement that addresses ideas, impulses, and issues stemming from modernization of American society. Emerging at the e ...
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