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FDR and the New Deal. “The only thing we have to fear is fear itself.”. FDR’s Response to Great Depression. 1. “try something” 2. “ Brain Trust” for advice 3. Focus on 3 Rs: relief (direct aid, jobs) recovery (supports/ help industries) reform (new laws to fix problems).
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FDR and the New Deal “The only thing we have to fear is fear itself.”
FDR’s Response to Great Depression • 1. “try something” • 2. “Brain Trust” for advice • 3. Focus on 3 Rs: • relief (direct aid, jobs) • recovery (supports/ help industries) • reform (new laws to fix problems)
"New Deal" Relief FDR announces his “New Deal”
1. Civilian Conservation Corps. (CCC) • Jobs for young men; conserved natural resources
Digging Ditches in Montana Illinois CCC advertisement
2. Federal Emergency & Relief Administration (FERA): • Direct relief ($, clothes) to people FERA distributes clothing in Tennessee
3. Works Progress Administration (WPA): • Jobs constructing public buildings and roads • Also hired artists & writers WPA workers creating a flood Control dike in Arkansas
WPA helped artists, like Diego, create murals and continue his or her craft
1. Tennessee Valley Authority(TVA): • Helped the valley by controlling floods and providing electricity
2. National Recovery Administration (NRA): • Set industry codes for production, wages, prices & working conditions
3. Agricultural Adjustment Act (AAA) • Paid farmers to NOT grow crops Texas farmers receive AAA check
1. Federal Deposit Insurance Corp. (FDIC) • Insured savings accounts in government approved banks Logo banks display today for FDIC today
2. Social Security Act • Pensions for retired workers, unemployment insurance and welfare FDR signs SSA
Supporters of the New Deal: • 1. Stretched Constitution to suit the circumstances • 2. Offered immediate help to the needy • 3. Fixed problems that led to the depression • 4. Increased optimism
Critics of the New Deal: • 1. Seen as “socialist” • 2. “Unconstitutional” • 3. Against American self-reliance • 4. Called FDR a “dictator” • Deficit spending