Loan for crops farm security administration fsa

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loan” for crops Farm Security Administration (FSA) Tenant Farmer protection 2 nd AAA Food Stamps Quota Agricultural Reform
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Massive Drought Erosion Dust Storm Buries houses Kills livestock “Okies” Refuges Soil Conservation Service Reduce Erosion Dust Bowl
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Industry view Cut production Problems? Labor Reform Unionization Fair Labor Standards Act National Industrial Recovery Act (NIRA) Creates National Recovery Admin. (NRA) Blue Eagle Industrial Recovery
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Encourages Consumers “Blanket Codes” Maximize Profits 1934 economic downturn Critics monopolies, stifled competition, company unions SC declares NRA unconstitutional – 1935 violates separate powers and commerce clause National Recovery Administration (NRA)
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Reform Ensure economic stability
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$3.2 billion lost in 2 years! “Bank Holiday” Emergency Banking Act 7 hours Fireside Chat Explains to people FDIC 2 nd Glass-Steagall Act $5,000 Saving the Banks
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Securities Act Regulation of NYSE Curbed margin buying Securities Exchange Act Securities and Exchange Commission Kennedy heads Wall Street Reform
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Restore Getting our confidence back?
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Government Intervention Necessary Desirable Labor Minimum Standard of Living End of Laissez Faire Cycles need management Skeptical of business Closely regulated Legacies of the New Deal
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  • Spring '12
  • Green
  • New Deal, U.S. Securities and Exchange Commission, Securities Act, National Housing Act, 73rd United States Congress

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