FDR’s New Deal

Essential Question

What programs were implemented as part of FDR’s New Deal?

Who is Franklin Roosevelt ?

Distant relative of Teddy Roosevelt

Disabled from Polio as a young politician

Became governor of NY in 1929

1932 campaign promised public works programs

Won 57% of popular vote and electoral votes in all but six states

Became 32nd president

Who is Franklin Roosevelt?

Known for his fireside chats

Ideological philosophy: liberal that believed in gov’t intervention to help alleviate suffering

Power team: wife Eleanor Roosevelt

Roosevelt Helps the Banks

Roosevelt declared a bank holiday

Pushed through Emergency Banking Act – gave gov’t the power to review stability of banks

FDR boosts public confidence in banks again

Glass Steagall Act created the Federal Deposit Insurance Corporation (FDIC) – gov’t insurance for deposits

First Hundred Days of the New Deal Response to banking crisis

became part of his first hundred days

The First Hundred Days is FDR’s first 100 days in office in which he implemented parts of his New Deal program

New Deal Priorities Relief for suffering Recovery of the economy Reforms to prevent future crisis

Alphabet Soup

Long list of programs which aimed to ease the GD through R, R, and R.

Examples: CCC, WPA, AAA, TVA, PWA, SSA, etc.

Civilian Conservation Corps (CCC) Passed March 1933 Put men age 18-25

back to work Conservation projects

like planting trees, improving parks

Lived in army style camps

Sent most of their money back to their families

Agricultural Adjustment Act (AAA) Government gives $ to farmers to

decrease supply

National Industrial Recovery Act (NIRA)

Gov’t mandates businesses in the same industry set prices and levels of production

NRA encourages minimum wage, maximum work weeks

Federal Securities Act

Companies must share financial information with public

Help investors make wise decisions

Securities and Exchange Commission (SEC) to watch stock market

Talk to your neighbor: What programs were implemented as part of FDR’s New Deal?

Tennessee Valley Authority (TVA)

Built dams along the Tennessee River

Dams controlled floods, aided navigation and shipping along the river and provided hydroelectric power

Civil Works Administration (CWA) Gov’t funded program

to build roads, parks, airports, sewage lines and dams

This put millions of Americans to work

Second New Deal WPA or Works Progress

Administration Built roads, subways,

airports, zoos Worked in offices,

schools, museums, factories

Recorded oral histories Funded efforts of artists,

writers, composers, actors

At its peak employed 3.4 million

Social Security Act

Regular payments for people 65 and older

FDR signing the Social Security Act

Rural Electrification Act (REA) Gov’t loaned

money to groups trying to bring electricity to rural areas

Talk to your neighbor: What programs were implemented as part of FDR’s New Deal?

FDR Reelected by Landside in 1936

Courts beginning to strike down parts of New Deal as unconstitutional but FDR still popular

Unemployment still high but cut in ½

Corporate earnings steadily climbing

Significant election: shift in Af-Am voters

The Troubled Court Packing Plan

FDR was frustrated courts had stuck down several New Deal Programs

Told the Congress of his plan to appoint new judges and expand the supreme court to make it more efficient

Most people saw this as an attempt to “pack the court” and ruin the balance of the Separation of Powers

Fortunately for FDR, Supreme Court began ruling in favor of New Deal programs

Don’t forget your summary!