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The new deal. The forgotten man. Franklin Delano Roosevelt connected to the Depression-weary American citizens “Someone understands us!”. History’s voices.
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The forgotten man • Franklin Delano Roosevelt connected to the Depression-weary American citizens • “Someone understands us!”
History’s voices • “I assert that modern society, acting through its Government, owes the definite obligation to prevent the starvation or the dire want of any of its fellow men and women who try to maintain themselves but cannot.” • —Franklin D. Roosevelt, Campaign Speech, • October 13, 1932 What is Roosevelt saying about the government’s role?
What was it? • The New Deal was the set of federal programs launched by President Franklin D. Roosevelt in response to the Great Depression.
Why did the artist use a deck of cards in this cartoon? What might the deck represent?
It’s Friday! • Monday- In-class review game • Tuesday- Test on Great Depression and the New Deal • Use Regentsprep.org (Great Depression and New Deal) to study this weekend!!!
Why is there optimism in the future for “The American People”?
What to do first? • STEP 1: Roosevelt closes the nation’s banks and calls it a “bank holiday” • STEP 2: EMERGENCY BANKING ACT- Americans put money back into their own banks • STEP 3: FDIC is formed and gives insurance for savings accounts
THE NEW DEAL (The three r’s) RELIEF RECOVERY REFORM • TO EASE THE SUFFERING • TO STIMULATE THE ECONOMY • TO PREVENT FURTHER ECONOMIC PROBLEMS IN THE FUTURE
Social security act • Provided assistance for low-income or disabled people • Today, it includes retirement income, Medicare and Medicaid, death survivorship benefits
Securities and exchange commission • Increased government regulation of the trading on stock exchanges • Created to protect investors
Minimum wage • Federal Labor Standards Act-established a minimum wage for workers • Didn’t apply to farmworkers • Last piece of New Deal legislation
The courts strike back… • Critics feared the “New Deal” gave the President too much power • “Threatened to alter the balance of power” • Against checks and balances • Schechter Poultry Corporation v. United States destroyed key parts of the NIRA • United States vs. Butler found a key part of the AAA unconstitutional • What effect did this have on Roosevelt and his New Deal?
Packing the courts • Roosevelt’s plan would give the President the power to appoint new judges and expand the Supreme Court • FDR wanted to make courts more efficient • Congress didn’t pass the plan. What did many critics think about this plan?
Results of the new deal • THE NEW DEAL DID NOT END THE GREAT DEPRESSION!!!! • Expansion of the power of the Federal Government • Government became more involved with the social and economic life of the people