On the sidewalk by the Denton Courthouse. Credit: Nicholas Henderson, FIickr.

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Presentation transcript:

On the sidewalk by the Denton Courthouse. Credit: Nicholas Henderson, FIickr

THE NEW DEAL!

 By 1933, Great Depression at its worst  Peak unemployment (over 20%)  Thousands of bank failures  Millions homeless  Tons of economic problems happening all at once THINGS GET WORSE

 President Franklin Delano Roosevelt inaugurated on March 4, 1933  Next day, FDR declares a bank holiday: all banks close so they can figure out what works & what doesn’t FDR “The only thing we have to fear is fear itself”

 Economic government programs created by FDR & Congress, 1933 to 1938  Goals = 3 Rs:  Relief: immediate help for unemployed & poor  Recovery: get the economy back to normal  Reform: fix the financial system to avoid future depressions  Try a lot of things and see what works  Many still around today (FDIC, Social Security) THE NEW DEAL

NEW DEAL POSTERS

Works Progress Administration WHAT MESSAGE DOES THIS SEND?

Civilian Conservation Corps WHAT MESSAGE DOES THIS SEND?

Federal Art Project WHAT MESSAGE DOES THIS SEND?

National Youth Administration WHAT MESSAGE DOES THIS SEND?

Left: Rural Electrification Administration Right: Federal Art Project (part of WPA) WHAT MESSAGE DOES THIS SEND?