Baltimore Polytechnic Institute March 14, 2011 U.S. History Mr. Green Welcome Baltimore Polytechnic Institute March 14, 2011 U.S. History Mr. Green

Agenda/Topics To Be Covered The students will describe the impact of the New Deal by summarizing opinions about the effectiveness of the New Deal Announcement: Chapter 15 Test Wednesday March 17 Due: African-American project March 7 Drill: Read One American’s Story on page 529 and answer the following: 1. Why was President Roosevelt popular among working-class Americans? 2. How did Roosevelt’s personality bolster his popularity?

The Impact of the New Deal Ch. 15 Section 5 pgs. 529-533 New Deal Reforms that Endure By 1937 unemployment 14% industrial production returned to 1929 levels Congress wanted to scale back New Deal Rise in unemployment in 1938 Industrial production dropped in 1938 Never a third new deal-too much deficit spending Events in Europe became a concern

Supporters and Critics of the New Deal Conservatives argued FDR’s policies made the federal government too large and stifled free enterprise and individual initiative Liberals argued FDR’s policies did not go far enough to eliminate social and economic inequalities Supporters cite the balance FDR struck between laissez faire capitalism and overregulated socialism

Expanding the Federal Gov’t Expanding Government’s Role in the Economy Injected millions of dollars into the economy Created federal jobs Regulate supply and demand Settling labor/management disputes FDIC SEC Did not end the Great Depression Gave people a hope, food, jobs, and money High debt

The Labor Front Wagner Act Fair Labor Standards Act standards for wages/hours, banning child labor, right to organize and bargain collectively with employers National Labor Relations Board The Rural Scene Quotas on crops 2nd AAA-stored crops to reach parity Electrification Banking/Finance SEC FDIC

Continuing Benefits Social Security Moved away from charity helping the needy to the federal government The Environment TVA strip mining for coal Taylor Grazing Act 1934 Increased national parks

Independent Work On page 530, read Point/Counterpoint and answer the following: In what ways did the New Deal succeed? In what ways did it fail? State your position on the New Deal programs by citing evidence from Chapter 15.

Homework 1. Read Chapter 15 Section 4. 2. Chapter 15 Vocabulary 3. Prepare for Chapter 15 test on Wednesday