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Presentation transcript:

Good morning! Today’s Agenda GQ2 – How effective were the strategies of Hoover & FDR to deal with the GD? Review Alphabet Soup Crash Course Discussion of effects Mid-Unit 5 Quiz

1932 Election Candidates Philosophies

Shift in power to whom?

Franklin D. Roosevelt Philosophy & Goals Keynesian Economics “The only thing we have to fear is fear itself.” Relief Recovery Reform Keynesian Economics “Priming the Pump” Brain Trust Rejected laissez-faire Competition of ideas Eleanor Roosevelt The First Hundred Days

Alphabet Soup What is your agency or program & what did it do? What problem does it seek to address? How so? Organize these by category. Explain. Organize by how radical or controversial they were. Explain Organize by significance or importance in addressing the problems of the GD. Explain

The Hundred Days Banking Crisis Bank Holiday Emergency Banking Act Fireside chats FDIC (Glass-Steagall Act)

The Hundred Days Relief Home Owners Loan Corp. Farm Credit Admin. CCC FERA CWA

For Recovery NIRA PWA NRA: Business cooperation AAA: subsidies TVA*

For Reform & Regulation Federal Securities Act Securities & Exchange Commission (SEC) Buying on Margin

Crash Course: New Deal https://www.youtube.com/watch?v=6bMq9Ek6jnA – First 6 minutes… How does this match what you already know? What in here is new? How does this help address GQ2 about the effectiveness of Hoover and/or FDR’s strategies?

Effective vs. successful vs. good/bad??? GQ#2: How effective were the strategies of Hoover & FDR to deal with the Great Depression? Effective vs. successful vs. good/bad??? What arguments could you make?

Mid-Unit 5 Quiz You may use any of your own hand-written notes. Please remember your academic integrity!

Practice Paper 2 Part A Why did FDR’s presidency begin with “100 Days” of action?

The Dust Bowl Great Plains Massive drought 1932-’34 Effect Okies The Grapes of Wrath