9-3: The New Deal Franklin D. Roosevelt’s New Deal program addressed the Great Depression by providing relief, recovery, and reform measures, which expanded.

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Presentation transcript:

9-3: The New Deal Franklin D. Roosevelt’s New Deal program addressed the Great Depression by providing relief, recovery, and reform measures, which expanded the government’s role in the economy.

Purpose Franklin Roosevelt Alleviate Fears Elected in 1932 Promised a “new deal” for people suffering during the Depression Alleviate Fears Roosevelt rallied a frightened nation ¼ of workers unemployed “fireside chats” “We have nothing to fear but fear itself” Role of the National Government More active in solving problems

Programs Relief Provided immediate help Direct payment to people Works Progress Administration (WPA) Created public works programs Employed people who had no jobs

Programs Recovery Designed to end depression Agricultural Adjustment Act (AAA) Tried to raise farm prices Paid farmers to limit production

Programs Reform Reshaped American capitalism Corrected unsound banking and investment practices More rights to labor unions Federal Deposit Insurance Corporation (FDIC) Required banks to hold your money Guarantees deposits

Programs Social Security Safeguard for workers Unemployment insurance Retirement pension

Legacy of the New Deal Role of Government Public Services Economy Government expected to deliver services Economy Government expected to intervene in the economy Promoting the General Welfare Government expected to provide assistance to those in need