HIST 2013 Lecture Notes - Lecture 16: Works Progress Administration
Document Summary
Underconsumption; not enough people putting back into the economy. Wealth tax act; raise taxes on the wealthiest americans. National labor relaation (wagner) act; employers had to recognized union and sit down and negotiate with these unions to get what employees wants . more people joining unions now. Social security act; setting up a welfare system and retirement checks. Renovated & built schools, airports, hospitals, roads, etc. Gtts painting a new deal --> recording #2. Election of 1936 & retreat of the new deal. Minimum wage established and 40 hr work day is a norm now. Gov"t involved in regulation the economy and ensuring social welfare.