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** By 1933, 4 of five banks had closed down. - From 1929 to 1933 personal income dropped nearly 50% - From 1929 to 1933, the unemployment rate increased.

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Presentation on theme: "** By 1933, 4 of five banks had closed down. - From 1929 to 1933 personal income dropped nearly 50% - From 1929 to 1933, the unemployment rate increased."— Presentation transcript:

1 ** By 1933, 4 of five banks had closed down. - From 1929 to 1933 personal income dropped nearly 50% - From 1929 to 1933, the unemployment rate increased from 4% to 25 %, a 600% increase over those four years Unprecedented Economic Depression Gross Domestic Product 1928 - 97.4 1929- 103.6 1930- 91.2 1931- 76.5 1932- 58.7 1933- 56.4

2 Franklin Roosevelt - 1910 – Elected to the New York State - 1913 – Appointed to Assistant Secretary of the Navy - 1920 – Nominated as Vice President (James Cox) - 1921 – Contracted Polio - 1928 & 1930 – Elected at Governor of New York - 1932 – Wins Presidential Election (would win ‘32, ‘36, ‘40, and ‘44)

3 - 1933 Inaugural Address “The only thing we have to fear is fear itself.” - His “New Deal” Legislation ** Roosevelt had no real firm political philosophy; instead, above all he believed in experimentation. ** You’ll see w/ “New Deal” legislation he changes course a few times, changes decisions; not a “socialist agenda.” [1] Relief for the needy – economic programs geared towards helping individuals [2] Economic recovery – helping the agricultural and industrial sectors of the economy [3] Financial reform – regulating the economy, especially the banking system, housing, and a social “safety net” - New Deal Goals

4 - Civilian Conservation Corp (CCC) - Employed men aged 18 to 25 - Later employed war veterans * Building roads and water reservoirs * Developing parks and trails * Planted trees Relief Programs - More than 3 billion trees were planted across the Great Plains to prevent another Dust Bowl - $30 a month, $25 to be sent home

5 Critical Analysis -$3 billion over 9 years -Majority of wages sent home -Tremendous support, even by Republicans

6 References Ackerman, Frank. “A Lesson in U.S. Job Creation: The Civilian Conservation Corp.” Triple Crisis. Ackerman, 10 November 2010. Web 6 February 2016. http://triplecrisis.com/ “Civilian Conservation Corp.” Wikipedia. Wikipedia, 7 February 2016. Web 8 February 2016. https://en.wikipedia.org/wiki/Civilian_Conservation_Corps


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