The Great Depression and the new deal

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Presentation transcript:

The Great Depression and the new deal Chapter 33 The Great Depression and the new deal

Election of 1832 Herbert Hoover (R) Franklin Delano Roosevelt (D)

FDR Governor of NY Wife: Eleanor Roosevelt

FDR’s Campaign Balanced budget Social and economic reforms “Forgotten Man” New Deal

Election of 1832 African Americans vote Democrat

FDR’s Inaugural Address http://www.history.com/topics/us-presidents/franklin-d-roosevelt/videos/inaugural-address-franklin-d-roosevelt

“The First 100 Days” Hundred Days Congress Series of reforms trying to immediately help

New Deal 3 R’s: Relief, Recovery, and Reform Progressive ideals: unemployment insurance, old-age insurance, minimum-wage regulations, conservation of natural resources, anti-child labor

New Deal http://www.fdrlibrary.marist.edu/education/resources/periodictable.html

The Banks National Banking Holiday: March 6-10, 1933 Federal Deposit Insurance Commission (FDIC): Guaranteed $ in bank accounts up to $5,000

The Economy No more gold standard Modest inflation

Public Confidence Fireside Chats http://www.history.com/topics/us-presidents/franklin-d-roosevelt/videos/fdr-delivers-first-fireside-chat

Jobs Civilian Conservation Corps (CCC) Federal Emergency Relief Act (FERA) Civil Works Administration (CWA) Public Works Administration (PWA)

Farmers Soil Conservation Act Agricultural Adjustment Administration (AAA)

Important Programs Indian Reorganization Act of 1934 Federal Securities Act (Truth in Securities) Securities and Exchange Commission (SEC) Social Security Act 1935 (urbanization)

Workers Committee for Industrial Organization Merged with AFL Formed Congress of Industrial Organizations

New Deal Criticisms Unconstitutional: Increased power of federal government President has legislative powers? Socialistic National Recovery Administration: “fair” business practices Schechter vs US: NRA unconstitutional b/c Congress regulating businesses not interstate trade

New Deal Criticisms Republicans: criticize for waste, experimentalism, and radicalism Election of 1836: FDR wins, South, blacks, urbanites, poor, farmers

20th Amendment Shortened period from election to inauguration

Court Packing Roosevelt saw his reelection as support for his programs Supreme Court dominated by older, conservatives 1837: Court-packing Plan- Pres could add a new Justice for every current Justice over the age of 70 who wouldn’t retire…

Reaction Lots of criticism BUT After, the Court started supporting Roosevelt’s policies… Owen Roberts