Alphabet Soup: New Deal Programs And Reforms - History Worksheet (Page 3 of 3) in pdf

Alphabet Soup: New Deal Programs And Reforms - History Worksheet Page 3

I. Federal Deposit Insurance Corporation (FDIC): (June 1933) passed as part of the Glass-Steagall Banking Act (which

separated commercial from investment banking). Set up the Federal Deposit Insurance Corporation, a permanent

agency designed to…

II. Securities and Exchange Act: (1934) set up the Securities and Exchange Commission (SEC), a permanent agency set

up to…

III. Social Security Administration: (August 1935) permanent agency designed to ensure that the older segment of society

would always have enough money to survive. SS would be financed through a payroll tax.

a. Criticism?

IV. Fair Labor Standards Act (FLSA): (1938) set a minimum wage (_____ per hour), and a maximum number of hours

per week (_____). It also outlawed ____________________ and set the minimum age at 14 for employment

outside of school hours in non-manufacturing jobs, at 16 for employment during school hours, and 18 for

hazardous occupations.

V. National Labor Relations Act and National Labor Relations Board (NLRA/NLRB): (July 1935) otherwise known as the

________________________, it helped unions and thus helped workers. This act created the NLRB, which

enforced labor laws and made sure that fair business practices were upheld. Outlawed black listing. It encouraged

collective bargaining and the formation of unions to be supervised by the NLRB.

a. Criticism?

Alphabet Soup: New Deal Programs And Reforms - History Worksheet Page 3