Unfortunately, it did…

Found this at an antique shop. Should be an interesting read. #books #grownostr #antiquing

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Discussion

The New Deal:

Emergency Banking Act: The New Deal began with the Emergency Banking Act in 1933, which aimed to stabilize the banking system by closing insolvent banks and reopening sound ones. This helped restore public confidence in the banking system.

Civilian Conservation Corps (CCC): The CCC provided employment for young men in conservation projects such as reforestation, soil conservation, and park development. It provided them with basic needs like food, shelter, and a small wage.

Works Progress Administration (WPA): The WPA was one of the most significant New Deal agencies. It created jobs for millions of unemployed people by undertaking public works projects, including the construction of roads, buildings, and bridges. The WPA also funded projects in the arts, employing artists, writers, and musicians.

Social Security Act: The Social Security Act of 1935 established a system of social insurance to provide economic security for retired workers, the unemployed, and those with disabilities. It included the creation of the Social Security Administration and the establishment of a national pension fund.

National Labor Relations Act (Wagner Act): The Wagner Act protected the rights of workers to join labor unions and engage in collective bargaining. It also established the National Labor Relations Board (NLRB) to oversee labor disputes and unfair labor practices.

Rural Electrification Administration (REA): The REA aimed to bring electricity to rural areas of the country by providing loans for the construction of power plants and electric cooperatives. This initiative helped improve the quality of life for rural communities.

Securities and Exchange Commission (SEC): The SEC was created to regulate the stock market and protect investors from fraudulent practices. It implemented rules and regulations to ensure transparency and stability in the financial markets.