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U. S. History Bell Ringer 12/7/18

U. S. History Bell Ringer 12/7/18. Lines like the one shown to the right were partially the result of — A. growing demand for payment of military pensions a sudden increase in agricultural exports the passage of the Selective Service Act D. widespread business failures. The New Deal.

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U. S. History Bell Ringer 12/7/18

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  1. U. S. History Bell Ringer 12/7/18 • Lines like the one shown to the right were partially the result of — A. growing demand for payment of military pensions • a sudden increase in agricultural exports • the passage of the Selective Service Act D. widespread business failures

  2. The New Deal

  3. First Hundred Days • FDR knew he needed to act quick so he began to send bill after bill to congress • Congress passed 15 major acts to resolve the economic crisis in the first 100 days of FDR’s administration • FDR began talking to the American people in Radio address’s called “Fireside Chats” (this was the first time a President communicated directly with a large number of citizens) • Why did FDR began talking directly to the people?

  4. Bank Relief • Emergency Banking Relief Act – required federal examiners to survey thenation’s banks and issue licenses to those that were financially sound FDR reopened the banks and people were reassured and the bank run was over

  5. Banks & Stock Market 2.Securities Act of 1933 – required companies that sold stocks and bonds to provide truthful information to investors 3. Securities and Exchange Commission (SEC) – regulated the stock market and stopped fraud 4. Glass-Steagall Act – created the Federal Deposit Insurance Corporation (FDIC) which provided government insurance for bank deposits Fireside Chat https://www.youtube.com/watch?v=iipnhLTdh-0 3 min

  6. Mortgage & Debt Relief 5. Home Owners’ Loan Corporation – bought the mortgages of home owners who were behind on their payments and restructured the loans 6. Farm Credit Administration – helped farmers refinance their mortgage

  7. Farms & Industry 7. Agricultural Adjustment Act – paid farmers not to grow crops, to raise crop prices 8. National Recovery Administration – suspended anti-trust laws and made business’s run by codes set up by the government

  8. TVA 9. Tennessee Valley Authority – built dams, conserved forests and brought electricity to rural areas

  9. 10. Civilian Conservation Corps (CCC) – put people to work planting trees, fighting forest fires and building reservoirs 11. Federal Emergency Relief Administration (FERA) - created and funded relief projects

  10. Construction 12.Public Works Administration (PWA) – built highways, dams, schools and other government facilities 13. Civil Works Administration (CWA) – built airports, roads, schools, and playgrounds

  11. Assignment • Complete First New Deal Programs Worksheet/Organizer

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