FDR OFFERS A NEW DEAL FDR’s plan to fix this mess was called The New Deal (like his cousin’s Square Deal, just different) Relief/ Recovery and Reform.

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Presentation transcript:

FDR OFFERS A NEW DEAL FDR’s plan to fix this mess was called The New Deal (like his cousin’s Square Deal, just different) Relief/ Recovery and Reform were the goals

t Fountain Hughes Speaks

How do you spell Relief? CCC- Civilian Conservation Corps 1933 gave jobs to unmarried, young men from poor families. They built, maintained beaches, forests, parks etc. Gave kids job training and a roof. WPA- Works Progress Administration million jobs were created. Jobs ranged from construction to art/music jobs CWA Civil Works Admin.- Gave people short term jobs fixing roads, parks, airports, etc.

PWA- Public Works Admin Built large scale projects like the Dams. Federal Emergency Relief Act- FERA 1933 This gave money to the states to use for local relief agencies. Relief Agencies were aimed at getting people back to work and alleviating unemployment.

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Recovery Factories Farms and Financial Institutions

Help for the nation’s economy Emergency Banking Relief Act FDR shut the banks down so people could not drain them. He sent inspectors in to make sure the banks would survive if reopened. NIRA The National Industrial Recovery Act. This allowed for trade associations to set minimum wage, regulation of working conditions, production quotas and prices. This was a short term solution that was later declared unconstitutional. Economy Act Cut federal salaries and veteran’s pensions to balance the budget.

TVA- Tennessee Valley Authority This provided assistance to farmers and rural people that were not as “modern”. The TVA used a dam to provide electricity, flood control, and recreational/tourist opportunities. They also helped farmers produce more from fields that were over-farmed, and provided fertilizers.

NRA- National Recovery Administration This was set up to combat the problems of low wages, layoffs, and falling prices. It established price fixing to ensure competition, production limits, and standards of working conditions.

FUN FACT The Philadelphia Eagles used to be named the Frankford Yellow Jackets. In 1933 they moved to Philly and changed their name to the Eagles and used the NRA’s symbol as their eagle.

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REFORM FDIC- Federal Deposit Insurance Corp This insured money in the bank up to $5000. It is still around today. (100 Grand today) SEC-Securities & Exchange Commission regulated the Stock market to eliminate shady business deals. AAA- Agricultural Adjustment Act This reduced the amount of crops in the market by actually paying farmers to destroy crops. FHA- Federal Housing Administration This ensured loans to people that needed repairs, construction of new homes. Social Security Relief and Reform. This gave money to people that needed it, and set a safety net for the future.

Fair Labor Standards Act Established national minimum wage and maximum work week hours. Prohibited kids 16 and under from factory work. Wagner Act Defined what “unfair” labor practices were and established a board that employers and employees could settle differences before, Nat’l Labor Relations Board.

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