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THE NEW DEAL. 1932-1941. FDR OFFERS RELIEF & RECOVERY. WHAT WE WILL LEARN TODAY:. How did the New Deal attempt to address the problems of the depression?. ROOSEVELT TAKES CHARGE.
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THE NEW DEAL 1932-1941
WHAT WE WILL LEARN TODAY: How did the New Deal attempt to address the problems of the depression?
ROOSEVELT TAKES CHARGE Election of 1932 Herbert Hoover vs. Franklin D. Roosevelt People lost faith in Hoover’s ability to get them out of the depression, so there was not much of a chance for Hoover. Hoover “The whole country is with him…just so he does something. If he burned down the Capitol we would cheer and say, Well we at least got a fire started anyhow.” Roosevelt Will Rogers
CABBAGE LINES AND BREAD LINES STILL IN USE
ROOSEVELT TAKES CHARGE Not only does FDR win, but the Democrats also gain control of the Senate as well. FDR collects a group of professionals and academics, whom were nicknamed the “BrainTrust.” Roosevelt decided on a plan called the NewDeal. The Plan contained 3 main goals: Relief, Recovery, & Reform
ROOSEVELT'S FIRST 100 DAYS FDR restored faith and confidence in the nation’s banks by declaring a four-day bank “holiday.” A New Deal for the American People Banks closed and got their accounts in order and then reopened for business. FederalDepositInsurance Corp. Bank Holiday! Sorry we are Closed. FDR also passed the FDIC, which insured bank deposits up to $5,000. SecuritiesExchangeCommission Congress established the SEC to regulate the stockmarket and make it a safer place for investments. Confidence Restored!!
ROOSEVELT'S FIRST 100 DAYS AgriculturalAdjustmentAct Agricultural Adjustment Act was established to help farmers. • The AAA did the following: • Paid farmers not to grow crops. • Raised crop prices by lowering production. • Cotton was plowed under. • 6 million pigs were slaughtered. • Results: Mixed feelings because crop prices increased and people were starving. 21st Amendment Repeals Prohibition The main goal was to increase government revenue through the taxation of alcohol.
ROOSEVELT'S FIRST 100 DAYS TennesseeValleyAuthority • Built dams to provide cheap electric power to seven southern states. • Set up schools and health centers. CivilianConservationCorps • Provided jobs to 2 million young men. • Replanted forests (200 million trees), built trails, dug irrigation ditches, and fought fires. • FDR’s favorite New Deal program.
ROOSEVELT'S FIRST 100 DAYS FederalEmergencyRelief Act • $500,000 was provided for directrelief and work projects for the hungry, homeless, and unemployed. HomeOwnersLoan Corporation • Created to help homeowners save their houses from foreclosure. • Provided funds to pay off mortgages and proved new long-term mortgages at lower, fixed-interest rates.
ROOSEVELT'S FIRST 100 DAYS NationalRecoveryAdministration • Developed codes that established minimum wages for workers and minimum prices for goods. • Idea that if a worker made more money then they could buy more goods. CivilWorksAdministration • Created millions of short term manual labor jobs
OPPOSITION TO THE NEW DEAL Roosevelt spent more money than what the government had, which is called deficitspending. Some critics said the New Deal gave too much power to the government. Father Charles Coughlin He was a radio show host who was initially a supporter of the New Deal, but wanted to nationalize the banks. His anti-Semitic views ended up costing him much of his support.
OPPOSITION TO THE NEW DEAL Dr. Francis Townsend He believed that FDR was not doing enough for the poor and the elderly. Found backing from the elderly, thus undermining support for FDR. Senator Huey Long He supported the New Deal initially as well. Eager to win the presidency for himself, he proposed program known as Share-Our-Wealth. But he was assassinated.
WHAT WE LEARNED TODAY: How did the New Deal attempt to address the problems of the depression?
THE NEW DEAL 1932-1941 CHAPTER 18 SECTION 1
THE SECOND NEW DEAL PAGES 608-615
WHAT WE WILL LEARN TODAY: What major issues did the Second New Deal address?
EXTENDING SOCIAL & ECONOMIC REFORM Progress had been made under the New Deal, but there was still much work that needed to be done. A Second New Deal for the American People The Second New Deal addressed the problems of the elderly, the poor, and the unemployed. “Ring around the Roosevelt! Pocket full of dough!” -1939 Cartoon It created new public-works projects; helped farmers; and enacted measures to protect workersrights.
EXTENDING SOCIAL & ECONOMIC REFORM WorksProgressAdministration • The WPA built or improved a good part of the nation’s highways, dredged rivers and harbors, and promoted soil and water conservation. • The WPA even provided programs in the arts for unemployed artists. • By 1943 the WPA employed 8 million people. • Helped build the San Antonio River Walk and parts of the Appalachian Trail.
EXTENDING SOCIAL & ECONOMIC REFORM SocialSecurityAct • Set up a system of pensions for retired workers. • The law also created insurance for victims of work-related accidents, and provided aid for poverty-stricken mothers and children, the blind, and the disabled. RuralElectrificationAdministration • Loaned money to electric utilities to build powerlines. • Provided affordable electricity for isolated rural areas.
LABOR UNINONS FIND A NEW ENERGY Fair Labor Standards Act • Banned Child Labor. • Set the work week at 44 hours. • Established a hourly minimum wage. • *New Deal’s most controversial legacy.* National Labor Relations Act (Wagner Act) • Outlawed unfair labor practices. • Granted workers the right to organize unions and to use collective bargaining. • Created the National Labor Relations Board (NLRB) to look into worker’s complaints.
CHALLENGES TO THE NEW DEAL The Supreme Court Reacts The Supreme Court struck down the AAA and the NIRA on the grounds that agriculture is a local matter and should be regulated by the state instead of the federal government.
CHALLENGES TO THE NEW DEAL Roosevelt Responds FDR issued a plan to add up to six new justices to the nine-member Court. Critics called his plan CourtPacking because all of the new justices would most likely support the New Deal legislation. The Ingenious Quarterback! Historical Significance: Critics saw FDR as trying to upset the balance of power between the 3 branches of government.
WHAT WE LEARNED TODAY: What major issues did the Second New Deal address?