DO IT: Use your knowledge of United States history and government and the cartoon below to answer the following question: Why were the American people quick to blame President Hoover for the problems of the 1930’s?

Aim: Did Franklin D. Roosevelt’s New Deal threaten or save capitalism?

FDR’s Inauguration

FDR’s “Brain Trust” Harry Hopkins Social Worker and the architect of much of the New Deal Henry Morgenthau Secretary of the Treasury Louis Lowe Cordell Hull Secretary of State Frances Perkins Secretary of Labor and first female in the cabinet Sam Rosenman Raymond Moley Rexford Tugwell Assistant Secretary to the Agriculture Department

Emergency Banking Relief Act On March 6 th two days after taking office, FDR issued a proclamation closing all American banks for four days. FDR declared a “bank holiday”. The action demonstrated that the federal government was stepping in to stop the alarming pattern of bank failures. Only “sound” Banks would be reopened.

The New Deal Relief Recovery Reform

CIVILIAN CONSERVATION CORPS CCC Created in 1933, the CCC took unmarried men aged from relief rolls and sent them into the woods and fields to plant trees, build parks, roads, and fight soil erosion on federal lands. Young men sent their $30 a month home to their families and left a legacy of outdoor recreation areas. The CCC provided jobs for 2.5 million young men during its ten years.

AGRICULTURAL ADJUSTMENT ACT AAA Created in 1933, the AAA paid farmers for not planting crops in order to reduce surpluses, increase demand for seven major farm commodities, and raise prices. Farm income rose, but many tenants and share-croppers were pushed into the ranks of the unemployed.

FEDERAL DEPOSIT INSURANCE CORP. FDIC To restore confidence in banks and encourage savings, Congress created the FDIC to insure bank customers against the loss of up to $5,000 their deposits if their bank should fail. Created by the Glass-Steagall Banking Reform Act of 1933, the FDIC is still in existence.

New Deal FDR was elected in 1932 by a landslide. He promised America a “New Deal’. Brain Trust - a term used to describe FDR’s advisors that developed the New Deal programs. Bank Holiday – FDR closed all the banks in the U.S. for four days and the government only opened the banks that could cover their deposits. The New Deal was a series of GOVERNMENT programs to help the nation get out of the Great Depression. The goals of the New Deal were: Relief, Recovery, and Reform.

Group Work Read the handout that describes the important New Deal programs. Fill in the chart: To whom can you turn?.

FDR’s New Deal Programs ReliefRecoveryReform

Did Franklin D. Roosevelt’s New Deal threaten or save capitalism?