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The New Deal. FDR- Franklin Roosevelt. FDR- President in 1932. “Brain Trust” Made up of lawyers, professionals, and journalists- worked on programs to alleviate depression. The New Deal Focuses on three main things Relief Economic recovery Financial reform. The 100 Days.
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The New Deal FDR- Franklin Roosevelt
FDR- President in 1932 • “Brain Trust” • Made up of lawyers, professionals, and journalists- worked on programs to alleviate depression • The New Deal • Focuses on three main things • Relief • Economic recovery • Financial reform
The 100 Days Over a hundred day period Congress passed more that 15 major New Deal legislations The Legislation expanded the federal governments role in the nations economy
FDR- Fireside Chats • FDR- had radio chats to let the American people know about issues of public concern to explain to them in clear simple language, what his new deal plans were. • Do you think this helped FDR and the American people?
Result of the 100 days… • Deficit spending- government spending more money than the revenues it receives • Did the New Deal end the depression? • Why didn’t the people blame FDR for ending the depression when they blamed Hoover?
Impact of the New Deal 1937- Congress urged cutting back New Deal Programs the result… • Increase in unemployment • Decrease in industrial production The New Deal and the Depression helped reduce suffering • jobs, food, money • Regain dignity
The New Deal Affects many Groups of the 1930’s • Women • Gains- women were appointed to important federal positions, slight increase in the # of women working outside the home • Problems- discrimination in the workplace, low wages, discriminatory hiring practices
New Deal Affects… • African Americans • Gains- increased political voice through greater access to the president, organizations created for tenant farmers • Problems- Segregation, violence, racism, discrimination in all areas of life, poll tax • Political Realignment- African Americans left the Republican Party for the Democratic Party.
New Deal Affects… • Labor Unions • Gains- better working conditions, increased bargaining power, increase in union membership • Problems- strikes, big business opposition to labor unions
New Deal Under Attack • The American Liberty League • Opposed the New Deal believed that it violated respect for the rights of individuals and property • Charles Couglin • Dr. Francis Townsend • Huey Long
Second New Deal • The second Hundred Days • The first two years of FDR’s presidency the economy had improved…BUT not enough! • Unemployment remained high • Production lagged • More extensive relief was needed for farmers and workers
Protecting Workers Rights • Wagner Act and Fair Labor Standards Act • Set standards for wages, hours, banned child labor, ensured the right of workers to organize and bargain with Employers • TODAYS IMPACT- National Labor Relations Board Act as a mediator in labor disputes between unions and employers
Banking and Finance • Securities and Exchange Commission (SEC) • Monitors the stock market and enforces laws of stocks and bonds • Federal Deposit Insurance Corporations (FDIC) • Savings and protection loss up to $100,000
Social and Environmental Effects • Social Security • Provides insurance program, unemployment compensation, aid to disabled, and families with dependent children * Framers of this Act saw it primarily as a relief bill • Farming • Agricultural price supports