Saturday, December 21, 2019

President Franklin Delano Roosevelt And The National Labor...

In 1776, this great nation, the United States of America was created by Congress through its hopes of an independent nation. In the last two hundred plus years, we have accumulated forty-four presidents. Our longest serving president was Franklin Delano Roosevelt. He a served a consecutive three terms and was re-elected for a fourth term but sadly he died two months in(AE). FDR was a dominant leader in the democratic party and had lead the country through economic depression and all-out war. In the twelves years he had served he had created many important legislations, such as the Securities Exchange Act and the National Labor Relations Act(AE). FDR was inaugurated for his first term on March 4, 1933. At this time, the U.S was at its†¦show more content†¦The most popular of the New Deal agencies was the Civilian Conservation Corp(Home), this hired 250,000 unemployed men to work on local rural projects(AE). Congress also produced mortgage relief for millions of farmer and homeowners around the same time. FDR made agricultural relief a top priority and created the Agricultural Adjustment Administration(AE), forcing higher prices for items by paying these farmer to take land out of crops and to cut herds. In 1933 the National Industrial Recovery Act was created in order to reform the economy. It forced industries to establish rules of operations for all firms within specific industries(Gilder), minimum prices, agreements not to compete, and production restrictions. These industries also needed to raise wages. Provisions inspired unions and suspended anti-trust laws. The same year major new banking regulations were passed and in 1934(AE), the Securities and Exchange Commission was instituted to control Wall Street(Home). Roosevelt pursued recovery through federal spending, the NIRA spent $3.3 billion on the Public Works Administration to stimulate the economy(AE). He also worked with Republican senator George Norris to create the biggest government-owned industrial enterprise in American history, the Tennessee Valley Authority(Gilder). The TVA built dams and power stations, kept floods under control, and modernized agriculture and homes in the poverty engulfed Tennessee

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