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Learning Objectives: Section 5 - The Impact of the New Deal

This section analyzes the lasting effects of the New Deal on American society and the economy. It examines the opinions about the effectiveness of the New Deal and describes its legacies. The New Deal reforms that endure, expanding the role of the federal government in the economy and protecting workers' rights, are discussed. Additionally, the social and environmental effects, such as agricultural support and the establishment of social security, are examined.

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Learning Objectives: Section 5 - The Impact of the New Deal

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  1. Standard Addressed: 11.6 Students analyze the different explanations for the Great Depression and how the New Deal fundamentally changed the role of the federal government. Learning Objectives: Section 5 - The Impact of the New Deal 1. Summarize opinions about the effectiveness of the New Deal. 2. Describe the legacies of the New Deal.

  2. A BULLDOG ALWAYS Commitment Attitude CARES Respect Encouragement Safety

  3. THE NEW DEAL AMERICA GETS BACK TO WORK

  4. Section 5 The Impact of the New Deal The New Deal affects American society not only in the 1930s but also in the decades that follow. NEXT

  5. SECTION 5 The Impact of the New Deal New Deal Reforms Endure • The New Deal Ends • By 1937, economic improvement convinces many Depression is ending • Congress wants to cut back programs; by 1939, New Deal over Continued . . . NEXT

  6. WWII ends the Great Depression

  7. SECTION 5 The Impact of the New Deal New Deal Reforms Endure • Supporters and Critics of the New Deal • Conservatives think FDR made federal government too large • - stifled free enterprise, individual initiative • Liberals: didn’t do enough to socialize economy, end inequalities • Supporters: did help country recover from economic difficulties Continued . . . NEXT

  8. THE IMPACT OF THE NEW DEAL • Conservatives felt FDR made government too large and too powerful • Liberals countered that FDR socialized the economy because Americans needed help • Over time, opinions about the merits of the New Deal and FDR have ranged from harsh criticism to high praise – usually along partisan lines

  9. Chapter 15 Section 5MAIN IDEA QUESTIONS A – Why did the industrial production drop and unemployment go up again in 1938? • Because, in response to pressure from Congress, FDR cut back on New Deal programs

  10. SECTION 5 continued New Deal Reforms Endure Expanding Government’s Role in the Economy • FDR expands power of federal government, president • Federal Deposit Insurance Corporation (FDIC) regulates banking • Securities and Exchange Commission (SEC) regulates investment • New Deal does not end Depression; does reduce suffering, give hope • Federal government goes deeply into debt to create jobs, give aid • Massive spending on equipment, supplies for WW II end Depression Continued . . . NEXT

  11. SECTION 5 continued New Deal Reforms Endure Protecting Workers’ Rights • New Deal laws set standards, ban child labor, permit unions - establish policies followed today • National Labor Relations Board (NLRB) still mediates labor disputes NEXT

  12. Guided Reading: Labor • Wagner Act • Fair Labor Standards Act • National Relations Board • Laws & Agencies • Lasting Effects • Standard for equal wages and hours • Ban on Child labor • Rights to organize and bargain collectively • Government mediation of labor disputes

  13. SECTION 5 Social and Environmental Effects • The Rural Scene • Commodity Credit Corporation makes loans to farmers • - based on amount of farmer’s surplus, parity price • • Parity price—price intended to keep farmers’ income steady • • Agricultural price supports set precedent of federal aid to farmers Continued . . . NEXT

  14. Guided Reading: Agriculture and rural life • Agricultural adjustment acts • Soil Conservation Services • Laws & Agencies • Lasting Effects • Aid to farmers • Farm price supports • Taught contour plowing • Terracing • Crop rotation

  15. SECTION 5 continued New Deal Reforms Endure • Banking and Finance • SEC still monitors stock market, enforces laws on stock, bond sales • FDIC still protects individual investors in case of bank failure NEXT

  16. LEGACIES OF THE NEW DEAL • Deficit spending has became a normal feature of government • FDIC – banking insurance critical to sound economy • Securities Exchange Commission -still monitors stock market, enforces laws on stock, bond sales

  17. Guided Reading: Banking and finance • Securities and Exchange Commission • Glass-Steagall Banking Act • Federal Deposit Insurance Corporation • Laws & Agencies • Lasting Effects • Monitoring of the stock market • Federal enforcement of laws regarding the sale of stocks and bonds • Insurance on bank accounts

  18. SECTION 5 Social and Environmental Effects • Social Security • Federal government takes responsibility for citizens’ welfare • Provides for aged, disabled, needy Continued . . . NEXT

  19. Social Security is a key legacy of the New Deal in that the Feds have assumed a greater responsibility for the social welfare of citizens since 1935

  20. Chapter 15 Section 5MAIN IDEA QUESTIONS B – Why was the establishment of the Social Security system such an important part of the New Deal? • The govt began accepting responsibility for providing assistance to needy members of society.

  21. Guided Reading: Social Welfare • Social Security Act • Laws & Agencies • Lasting Effects • Federal government acceptance of some responsibility for the social welfare of its citizens • Old-age insurance programs • Unemployment compensation • Programs to aid families with dependent children and the disabled

  22. SECTION 5 continued Social and Environmental Effects • The Environment • CCC plants trees, builds hiking trails, fire lookout towers • Soil Conservation Service teaches methods to preserve soil • Taylor Grazing Act reduces grazing on public lands • Tennessee Valley Authority (TVA) creates electricity, prevents floods • Government adds national parks, wildlife refuges, wilderness areas • Government-sponsored strip-mining, coal burning cause pollution NEXT

  23. Chapter 15 Section 5MAIN IDEA QUESTIONS C – How did New Deal programs benefit and harm the environment? • BENEFITED: with new trees, hiking trails, fire lookouts, soil conservation, flood control, national parks, wildlife refugees, and wilderness areas. • HARMED: with water, air, land pollution.

  24. Guided Reading: Environment • Civilian Conservation Corps • Soil Conservation Services • Taylor grazing Act • Tennessee Valley Authority • Laws & Agencies • Lasting Effects • Programs protecting the nation’s natural resources, including farmland • Prevention of floods and dust storms • More national parks and wildlife refugees; • pollution

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