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https://docs.google.com/a/totinograce.org/document/d/1jE8CvIimFUUI78M4Yf5IgVD-kW2K3PLGaKVZ3xEbsFM/edit?usp=sharing

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Social Security Administration -
- Provides a regular income to retired and disabled workers so they can still live off of wages even if they are now unemployed.
- Purpose was to get everyone on a payroll and reduce unemployment for those who simply could not work.
- Set up "pay as you go" where people pay their taxes as they earn their income, more stable way to pay

- Problem was many Americans were still unemployed and ineligible for Social Security.
https://www.youtube.com/watch?v=EgSH_JDo-OE

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National Youth Administration -
- Helped keep youth in schools by providing jobs to young people so they wouldn't have to drop out. 500k College students, 600k high school kids provided with work. An act of reform so the future of the country could be educated and families more stable.
- The purpose was the keep the youth in schools and work at the same time,
-Also went hand-in-hand with FLSA because these jobs were subject to the same minimum wages
-A problem was that families still needed help at home, and with kids at school they have less people around to help.
https://www.youtube.com/watch?v=6rulhRT3d5Q

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Federal Housing Administration -
-Revived housing industry after the great depression

- Designed to try and fix the instable housing market

-Provides insurance options for qualified loans on existing homes, home construction, and repair

-Challenges:  Misuse of mortgage insurance resulted in very large mortgage defaults and foreclosures.
https://www.youtube.com/watch?v=tFL_pBppiVg

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Fair Labor Standards Act -
- New minimum wages and maximum hours for workers

- Pres. Roosevelt signed this to try and saved the nation from the Great Depression by inspiring people to work and make money for industries

- Made it so workers can make a living wage. Made it easier for people to stay working and have a family.

- With this act some people could still be paid less than minimum wage in certain jobs. Raised controversy and today some people still are paid less (waiters)
https://www.youtube.com/watch?v=dAwssNcZdhk

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Roosevelt declared a notional bank holiday which closed all banks. In just 4 days, he helped draft the Emergency Banking Relief act, which allowed solvent banks to open up under Gov. supervision, and allowed stocks to be purchased in troubled banks. Also gave the president power over the Federal Reserve System.

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"Love is patient, love is kind. It is not jealous, [love] is not pompous, it is not inflated" I think FDR was trying to fix the country at the start of the Great Depression and wants the people to feel calm and hopeful for the future. He wants everyone to love each other in order for the country to be repaired.

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March 4, 1933