The New Deal US History Objectives: **List programs of the New Deal **Discuss why New Dealers believed that sometimes the Government needs to regulate industry and the economy SOL – VUS.10 Timeline – 1933-1938

“We Have Nothing To Fear, But Fear Itself” (Inauguration Day, 1933) Rally for a frightened nation

The New Deal Pro-active Gov’t **money spent on public services to solve problems

The Fireside Chats Radio address **inform + improve morale of public

The First Hundred Days (March – June 1933) Massive wave of legislation passed to improve the economy

Relief, Recovery, Reform The measures taken to bring the economy out of the depression

The Bank Holiday (March 9, 1933) Closed all banks for a week **Gov’t loaned money to weak banks

Relief Measures Works Progress Administration (WPA) Public works jobs Put people to work focus on youth (make public roads, libraries, the arts, parks)

Recovery Measures Agricultural Adjustment Act (AAA) Paid farmers NOT to farm Limited supply would raise prices

Reform Measures Federal Deposit Insurance Corporation (FDIC) USA banks **offered insurance for bank accounts 1933 - $2,500 2010 - $250,000

Securities and Exchanges Commission (SEC) Monitors US stock market

The Social Security Act (1935) Monthly payment to retired senior citizens Provide money to the unemployed Help disabled

Elected to Four Terms (1933-1945) Longest serving President Died March 29, 1945 of a stroke

Eleanor Roosevelt A New Style of First Lady Pro-active wife Took stands on social issues (women’s and minority rights)

Conservative reaction to the New Deal Complained about Huge deficits Claimed it was Socialist President is too powerful

Legacy Of NEW DEAL People believe its our govt responsibility to deliver public services, intervene in the economy, and to promote general welfare people