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Roosevelt and the New Deal (1933 – 1939). Students will analyze new deal organizations and why they are beneficial. If it’s broke, fix it!!!!!.
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Roosevelt and the New Deal(1933 – 1939) Students will analyze new deal organizations and why they are beneficial.
If it’s broke, fix it!!!!! • Bellwork: Describe a situation when you have broken something ( toy, appliance, etc.) and have had to fix it… was it difficult? Why or why not? Did you need help?
I. The Hundred Days Begins • March 9 – June 16 1933 (Hundred Days) • Roosevelt sent many bills (the First New Deal) to congress.
Roosevelt brought in advisor to help him with the New Deal. • Divided the advisors into three groups.
1st group – “New Nationalism” • From Theodore Roosevelt and believed gov’t and business should work together to manage the economy.
2nd Group – opposed big business • Wanted gov’t planners to run key parts of the economy.
3rd group – “New Freedom” • From Woodrow Wilson and felt it was the government’s responsibility to restore competition to the economy.
II. Fixing the Banks and the Stock Market • 1st job for Roosevelt: restore confidence in the banking system. • Called a national holiday and called congress into special session. • Passed the Emergency Banking Relief Act – required federal examiners to survey the nation’s banks.
Roosevelt's “fireside chat” • He spoke on the radio directly to the people, he assured Americans that the banks are now secure. • Next day – deposits outweighed the withdrawals, ending the banking crisis.
Securities and Exchange Commission (SEC) • Created to regulate the stock market and prevent fraud
Federal Deposit Insurance Corporation (FDIC) • Provided gov’t insurance for bank deposits up to a certain amount.
Agricultural Adjustment Administration (AAA) • Administered the Agricultural Adjustment Act – a plan that paid farmers not to raise certain crops to lower crop production. (large farms profited small farms didn’t)
Civilian Conservation Corps (CCC) • Gave unemployed men b/w 18 to 25 the oppor. To work with the national forestry service planting trees, fighting fires, and building reservoirs. • Employed 3 million men.
Federal Emergency Relief Administration (FERA) • Gave money to help state and local agencies fund relief projects.
Public Works Administration (PWA) • Began a series of construction projects
Civil Works Administration (CWA) • Harry Hopkins hired workers directly and put them on the government’s payroll. • Shut down after how much money was spent on the program.
First New Deal (Page 687) • (SEC) • (FDIC) • (AAA) • (NIRC) • (NRA) • (HOLC) • (FCA) • (CCC) • (FERA) • (PWA) • (CWA)