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Day 129: The Great Depression and the New Deal. Baltimore Polytechnic Institute March 22, 2011 A.P. U.S. History Mr. Green. Announcements. Test Friday, Chapters 28-33 Focus Questions-Chapter 33 Due Wednesday Decades Chart 1920’s complete and submit on Wednesday.
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Day 129: The Great Depression and the New Deal Baltimore Polytechnic Institute March 22, 2011 A.P. U.S. History Mr. Green
Announcements Test Friday, Chapters 28-33 Focus Questions-Chapter 33 Due Wednesday Decades Chart 1920’s complete and submit on Wednesday
The Great Depression and the New Deal Objectives: Students will analyze New Deal legislation by evaluating the effectiveness of New Deal policies. AP Focus The first hundred days of Roosevelt’s presidency witness a torrent of executive and legislative programs, acts, and policies that attempt to deal with the Great Depression and to reform the economic system, so that the nation will never again experience such a devastating economic collapse. To jumpstart the economy, Roosevelt institutes an inflationary policy in which deficit spending is used to create jobs. It is hoped that this will reduce the number of people needing government aid and increase consumer spending, further stimulating demand and, consequently, higher employment. Income would be taxed to help defray the cost of federally funded jobs.
Chapter Focus Chapter Themes Roosevelt’s New Deal tackled the Great Depression with massive federal programs designed to bring about relief, recovery, and reform.
Reading Quiz This act split commercial banking and investment banking and created the Federal Deposit Insurance Corporation. Identify 2 1st New Deal measures that were declared unconstitutional. She was the first women appointed to this cabinet-level position. This act set up minimum-wage and maximum-hour levels.
Election of 1936 Democrats-FDR Republicans-Alfred M. Landon, Kansas Gov condemned New Deal-deficits, radicalism, experimentation, confusion, and waste 27,752,869 to 16,674,665 523-8 Electoral Count (VT and ME went to the R’s) 2/3 of the House and Senate seats went to the D’s FDR received money from CIO, left wingers voted for FDR and African-Americans completely left Republican Party 1937-Court-packing scheme FDR’s own party said NO eventually he appointed 9 justices No New Deal legislation passed after 1937
Twilight of the New Deal FDR’s 1st term unemployment 25% to 15% 1937-a recession within the Depression Social Security taxes reduction in government spending FDR fully embraced Keynesianism planned deficit spending Hatch Act-barred federal administrative officials from campaigning/soliciting
New Deal or Raw Deal Increased national debt Workers once went west now they went on relief Court-packing Lost senatorial election in 1938 New Deal does not lift the U.S. from the Depression FDR saves capitalism, not capitalists? FDR-Hamilton or Jefferson or both?
Class Discussion 1. We will complete the 1920’s decade chart and begin the 1st New Deal Chart.
Homework Read Chapter 34 Prepare for 5 question reading check on Wednesday Decades Chart 1930’s due on Friday.