Townsend Plan

(noun)

A reform program proposed in 1934 by Francis Townsend. The program called for a monthly pension for the elderly (all Americans of 60 years old or older).

Related Terms

Examples of Townsend Plan in the following topics:

  • Political Critiques of the New Deal

    • After Roosevelt's failed attempt to appoint additional pro-New Deal judges in the Supreme Court (the so-called "court packing plan"), conservative opposition strengthened and unified.
    • Another popular challenger of the New Deal was Francis Townsend, a physician from California.
    • In 1934, he proposed the so-called Townsend Plan, which called for a monthly pension for the elderly (all Americans of 60 years old or older).
    • Townsend popularized his Plan through a letter sent to a local newspaper and the idea quickly gained substantial support.
    • Parrish in the Chicago Tribunes warning FDR's executive branch reorganization plan is a power grab.

  • Financing State and Local Government

    • State parks like Pearl Hill, located in Townsend, Massachusetts, rely on tax revenue for support and maintenance.

  • The Marshall Plan and Molotov Plan

  • Purpose of the Marketing Plan

    • A formal marketing plan provides a clear reference point for activities throughout the planning period.
    • Still, what's the point of creating a formal marketing plan?
    • Exactly what purpose does a marketing plan serve?
    • A formal marketing plan provides a clear reference point for activities throughout the planning period.
    • However, perhaps the most important benefit of these plans is the planning process itself.

  • Overview of Types of Strategic Plans

    • The broader overview of strategic plans, as well as the five subgroups within strategic planning, provide businesses with direction.
    • Short-range plans: Short-range plans generally apply to a specific time frame in which a specific series of operations will be carried out, assessed, and measured.
    • Long-range plans are those most closely related to the overall strategic-planning process.
    • Single-use plans:As opposed to standing plans, single-use plans cover a specific operation or process that is an outlier to normal operations.
    • Differentiate between the five general planning frames and recognize considerations that must be made prior to planning

  • Starting a Small Business: Business Planning

  • The Schlieffen Plan

  • The Marketing Plan

    • At other times, a marketing plan is created that drives the company's strategic planning.
    • A marketing plan can be part of an overall business plan.
    • The plan must be:
    • They must endorse the plan.
    • Plans usually target:

  • Advantages of a Marketing Plan

    • A marketing plan has a strong impact on the internal operations of an organization.
    • A marketing plan helps remove the fog and barriers to vision.
    • Marketing plans help organizations to:
    • Thus, a marketing plan can serve as a rallying point for employees.
    • The marketing plan, which is a written document, does the job.

  • Planning and Decisions

    • In the short run, planning is easy to postpone.
    • A plan helps to, and serves as a way to, measure the efficiency and effectiveness of an organization in accomplishing its strategic plans.
    • Companies often use SWOT analysis when planning.
    • A budget is an example of a financial plan that formalizes strategic plans in monetary terms.
    • Regardless of the level of planning, plans must be re-examined regularly in the light of changing conditions and circumstances.