Alphabet Soup The New Deal AAA FERA TVA

Franklin Delano Roosevelt Elected President in 1932 Elected President in 1932 Promised the American people a New Deal Promised the American people a New Deal Called Congress into emergency session in March, 1933 Called Congress into emergency session in March, 1933

The New Deal sought relief for the needy, economic recovery, economic recovery, and reform of American capitalism.

The New Deal was a revolution in the American way of life. The result was “Alphabet Soup”, new federal agencies, some successful, some not!

Major New Deal Acts and Agencies CCC * CCC * AAA * AAA * TVA * TVA * FDIC * FDIC * FERA * FERA * NRA * NRA * SSA FSA NLRB SEC WPA FHA *Created in the first hundred days

Civilian Conservation Corps The CCC gave twenty-five million young men work in environmental improvement projects.

CCC boys arrive at Idaho

Agricultural Adjustment Act AAA Gave farmers money to make up for the government’s request that they bring fewer crops to market.

Tennessee Valley Authority The TVA provided funds to develop the Tennessee River Valley and fostered rural electrification.

Federal Deposit Insurance Corporation The FDIC was designed to protect savings that were deposited in private bank accounts in the event of bank failures.

Federal Emergency Relief Administration The FERA provided funds for local and state relief organizations to disburse to the unemployed.

National Recovery Administration The NRA created work codes and industrial safety regulations while attempting to set minimum prices and wages which business owners would not undercut.

Social Security Act It gave benefits to the elderly, the orphaned, and to people injured in industrial accidents.

Farm Security Administration The FSA lent money to sharecroppers and tenant farmers to help them buy their own land.

A FSA Migrant Camp and a migrant family.

National Labor Relations Board The NLRB guaranteed workers the right to join labor unions and call strikes.

Securities and Exchange Commission The SEC regulated the Stock Market.

Works Progress Administration The WPA provided government funds for constructing public buildings, roads, bridges, and even hiring writers and artists.

Federal Housing Administration The FHA was created to stimulate the building industry by providing small loans for home construction.

“This is pre-eminently the time to speak the truth, the whole truth, frankly and boldly. Nor need we shrink from facing conditions in our country today. This great nation will endure as it has endured, will revive and will prosper. So first of all let me assert my firm belief that the only thing we have to fear is fear itself-nameless, unreasoning, unjustified terror which paralyzes needed efforts to convert retreat into advance.” FDR First Inaugural Address March 4, 1933

FDR’s New Deal marked a turning point in America. It was a revolutionary transformation of the federal government from a body with limited impact on the average person into a machine that left few Americans untouched.