Ch 15: The New Deal: Section 5

Why did industrial production drop and unemployment go up again in 1938?

FDR took a break because congress told him too

Tennessee Valley Authority (TVA)

federal corporation 1933 to construct dams and power plants in the Tennessee Valley region to generate electricity as well as to prevent floods

Parity

government supported level for the prices of agricultural products, intended to keep farmers incomes steady

Explain why the establishment of the social security system had such an important part of the New Deal?

old people, unemployed, dependent children, and disabled

List 5 New Deal Agencies that are still in place today?

SS, TVA, SEC, NLRB, FLS, FDIC

Federal Deposit Insurance Corporation (FDIC)

agency created in 1933 to insure individuals bank accounts, protecting people against losses dur to bank failures

National Labor Relations Board (NLRB)

agency created in 1935 to prevent unfair labor practices and to mediate disputes between workers and management

Securities and Exchange Commission (SEC)

an agency created in 1934, monitors the stock market and enforces laws regulating the sale and buying of stocks and bonds

Analyze how the New Deal programs benefited and harmed the environment?

benefits: electricity prevents floods harm: pollution

Recognize and explain what benefits the Tennessee Valley Authority provided? What negative impact did it have?

benefits: electricity, prevents floods negative: pollution