15 sec. 1 The New Deal

Franklin Delano Roosevelt Former Governor of New York Cousin of T. Roosevelt Can do attitude

FDR

Election of 1932 FDR won all but six states 23 million to 16 million Greatest victory since before Civil War for Democrats

Election of 1932

Brain Trust FDR’s advisors were called this because of their intelligence Developed the “New Deal.”

Brain trust

First 100 days Democrats changed government 1. Relief for needy 2. Economic Recovery 3. Financial Reform (Banking)

Reforming Banking Bank Holiday Emergency Banking Relief Act  1. Those that were OK would stay open  2. Those that were not would remain close  3. Those that needed loans would get them

Fireside Chats FDR’s radio messages which got messages across in a simple way

Fireside

FDIC Established by the government to insure people’s money up to $5,000

SEC Security and Exchange Commission - regulated the stock market

Helping the Needy AAA - Agricultural Adjustment Act - paid farmers not to grow crops, paid others to slaughter animals

Helping the Needy CCC - Civilian Conservation Corps - young men aged who build roads and plant trees PWA - Public Works Administration - paid the unemployed to work on construction projects - schools, sidewalks

CCC

Helping People TVA - Tennessee Valley Authority - Paid the unemployed to build dams on the Tennessee river - stopped flooding and provided electricity.