Professional Documents
Culture Documents
By Rebecca Martin
Retributive Justice:
Deterring and Correcting Behavior
Federal Deposit Insurance Corporation (FDIC): prevented banking panics Securities and Exchange Commission (SEC): federal regulation of stock exchanges Banking Act of 1935: Increased federal control over monetary policy
Distributive Justice:
Allocation of Resources
Social Security: provided monetary support for the elderly and unemployed Federal Emergency Relief Administration: aided local relief efforts in providing food, housing, and clothing Increased taxes on the rich
Restorative Justice:
Repairing Harm
Job creation programs such as: Works Progress Administration National Youth Administration Civil Works Administration Tennessee Valley Authority (TVA): produced dams, roads, waterways, and cheap fertilizer and energy
Redemptive Justice:
Forgiveness
National Recovery Administration (NRA): allowed business to regulate itself within several sets of conduct codes Emergency Banking Act and Glass Steagall Act: set rules that restored faith in the banking and investment industries
Works Cited
1930s: New Deal. Stevens and Shea Publishers Inc, 1995. Print. Patterson, James T. "New Deal." Encyclopedia Americana. Grolier Online. Web. 20 Jan. 2013