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THE NEW DEAL. Section 1: Restoring Hope. Goals. Recall and explain the measures that FDR took to give economic relief, recovery and reform. Explain the New Deal goals for the Tennessee Valley Region.
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THE NEW DEAL Section 1: Restoring Hope
Goals • Recall and explain the measures that FDR took to give economic relief, recovery and reform. • Explain the New Deal goals for the Tennessee Valley Region. • Evaluate how well the Roosevelt administration addressed the needs of minority racial groups.
Journal Writing How did President Roosevelt’s methods for recovery differ from President Hoover?
FDIC- Federal Deposit Insurance Corporation. • Insured individual bank deposits under $5,000. • HOLC-Home Owners Loan Corporation • Loaned money to home owners to refinance mortgages. • FCA- Farm Credit Administration • Refinanced farm mortgages at lower interest and for longer terms. • FERA- Federal Emergency Relief Administration. • Provided grants to states for relief efforts. • CWA- Civil Works Administration • Employed jobless people to work on federal, state and local projects.
CCC- Civilian Conservation Corps • Employed young men on public-works projects. • SEC- Securities and Exchange Commission • Regulated the stock market. • NIRA- National Industrial Recovery Act • Established the PWA and the NRA. • PWA- Public Works Administration • Constructed roads, public buildings, and other projects designed to increase employment and business activity. • NRA- National Recovery Administration • Regulated industry through fair-trade codes for business. • AAA- Agricultural Adjustment Administration • Paid farmers to reduce crops; funded by tax on food processors.
Goals • Recall and explain the measures that FDR took to give economic relief, recovery and reform. • Explain the New Deal goals for the Tennessee Valley Region. • Evaluate how well the Roosevelt administration addressed the needs of minority racial groups.