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Franklin D . Roosevelt’s Rise to Presidency in 1932

Franklin D . Roosevelt’s Rise to Presidency in 1932. Rise in Politics. Privileged upbringing Studied law at Harvard NY state senator Assistant Sec. of US Navy Struck with polio but gained popularity-kept political correspondence from bed

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Franklin D . Roosevelt’s Rise to Presidency in 1932

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  1. Franklin D. Roosevelt’s Rise to Presidency in 1932

  2. Rise in Politics • Privileged upbringing • Studied law at Harvard • NY state senator • Assistant Sec. of US Navy • Struck with polio but gained popularity-kept political correspondence from bed • Restructured Democratic Party, promoted public works, social security, and unemployment benefits

  3. Election of 1932 • Franklin Roosevelt (FDR) elected President • Offered Americans a “New Deal”

  4. 1st 100 days • Declared a Bank Holiday: temporarily closed banks to prevent withdrawals. Banks opened as government decided they were stable enough • Emergency banking Relief Act to stabilize banks and Economy Act to balance Federal Budget

  5. NIRA • National Industrial Recovery Act: $3 billion for public works to create jobs and set guidelines for fair working conditions

  6. FERA • Federal Emergency Relief Administration: direct relief to unemployed

  7. AAA • Agricultural Adjustment Act: encouraged farmers to reduce production of crops, paid farmers to destroy crops or livestock or to not farm at all

  8. TVA • Tennessee Valley Authority: Build Dams along Tennessee River to create cheap electricity

  9. Fireside Chats • FDR held informal talks to Americans via Public Radio to encourage them and give them hope

  10. CCC • Civilian Conservation Corps: hired young men to work on National parks and provided them with necessities, paid them a monthly wage (which was usually sent home to help their families)

  11. Criticism of the New Deal • Minorities and elderly did not feel like they were gaining support • American Liberty League thought FDR was a socialist trying to Sovietize America with government created jobs

  12. Union Party • Formed to Challenge FDR’s policies • Francis Townsend: FDR neglects elderly • Huey Long: FDR is Pro Business • Coughlin: Challenged FDR in the 1936 election-he lost and FDR becomes Pres. for 2nd term

  13. 2nd hundred days • More $$$ for social programs to help those in poverty • Some begin to question the constitutionality of FDR and the Democratic Party’s policies • The Supreme Court rules FDR’s NIRA unconstitutional and many of the programs are stopped

  14. FDR’s Legacy • Women in politics: Frances Perkins-Secretary of Labor, Mary McLeod Bethune-National Youth Administration director

  15. The Legacy continues • Social Security Act: Workers save for pension to be accessed in later years • FDIC: Federal Deposit Insurance Corporation-insures $$$$ deposited in banks

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