330 likes | 433 Views
Do Now. If your family or friend was out of a job, how would you want the government to respond?. Objective: Chapter 23, Section 1. SWBAT identify and discuss what the New Deal was and how FDR tried to counteract the Depression. Election of 1932. Herbert Hoover (Republican)
E N D
Do Now If your family or friend was out of a job, how would you want the government to respond?
Objective: Chapter 23, Section 1 • SWBAT identify and discuss what the New Deal was and how FDR tried to counteract the Depression
Election of 1932 • Herbert Hoover (Republican) • Franklin Delano Roosevelt (Democrat)
Issues • Americans blamed President Hoover for the country’s economic woes. • Franklin Delano Roosevelt • Was related to Theodore Roosevelt. • Survived polio. • Governor of New York.
FDR Continued • Roosevelt promised: • Relief for the poor • More public works programs to provide jobs. • He attacked Hoover and the Republicans for their response to the Great Depression. • Roosevelt won a landslide victory—winning more than 57 percent of the popular vote.
The Roosevelts • Believed it was the Govt’s responsibility to help the people • Eleanor Roosevelt: First lady • Played a major role in FDR’s success
FDR Attributes Franklin Roosevelt • Appealing blend of cheerfulness, optimism, and confidence • An effective communicator (ex: fireside chats) • A reform-minded Democrat • Believed the government could solve economic and social problems
Eleanor Roosevelt • “Eyes and ears” of her husband • Directed efforts to solve several major social issues (ex. lynching of African Americans) • Wrote her own newspaper column • Had the trust and affection of many Americans
FDR’s First Hundred Days • FDR’s first hundred days in office: March through June, 1933 • Time in which most of his New Deal legislation was passed • Wanted to restore confidence in banks 1st…..Why? • March 5th, 1933: Ordered banks to close for 4 days • March 9th: Passed Emergency Banking Act: Allowed government to inspect all banks • Two thirds of banks had reopened by March 15th
Some of the acts that were passed in the New Deal • Federal Deposit Insurance Corporation (FDIC) • Securities Exchange Commission (SEC) • Federal Housing Administration (FHA) • Civil Works Administration (CWA) • Tennessee Valley Authority (TVA) • The Federal Securities Act (FSA) • Civilian Conservation Corp (CCC) • Agricultural Adjustment Act (AAA) • Home Owners Loan Corporation (HOLC) • National Labor Relations Board (NLRB)
Question 1 • Regulated the stock market and protected investors from dishonest trading practices
Answer 1 • Securities Exchange Commission
Question 2 • Attempted to raise farm prices by paying farmers to lower farm output
Answer 2 • Agricultural Adjustment Act (AAA)
Question 3 • Insured bank deposits up to 5,000 dollars
Answer 3 • Federal Deposit Insurance Corporation (FDIC)
Question 4 • Provided low-cost mortgage refinancing to homeowners facing foreclosure
Answer 4 • Home Owners Loan Corporation (HOLC)
Question 5 • Enforced provisions of the Wagner Act, which included the right of collective bargaining and other union rights
Answer 5 • National Labor Relations Board (NLRB)
Question 6 • Requires companies to provide information about their finances if they offered stock for sale
Answer 6 • Federal Securities Act
Question 7 • Provided federal jobs in building and improving roads and public facilities
Answer 7 • Civil Works Administration (CWA)
Question 8 • Provided hydroelectric power, flood control, and recreational opportunities
Answer 8 • Tennessee Valley Authority (TVA)
Question 9 • Provided jobs to young, unmarried men to work on conservation and resource development projects
Answer 9 • Civilian Conservation Corp (CCC)
Question 10 • Improved housing standards and conditions and provided home financing
Answer 10 • Federal Housing Administration
Follow-Up • Page 776: 1-4