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Unit 5 Section 12 The New Deal
TYWL: Global interaction may be caused by conflict. / Forces of imperialism, nationalism, militarism and geo-political alliances, taken to the extreme, can lead to international conflicts. / Nationalism and the quest for power are often underlying causes for war. / Conflict occurs when compromise over land, national identity and colonial possessions is no longer an option between those in authority and those they serve. /
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FDR as President Roosevelt wins in a landslide
After election, builds “Brain Trust,” group of advisors to help fix problems of Depression Wife Eleanor plays a key role in agenda At inauguration in March, 1933, famously declares that “the only thing we have to fear is, fear itself,” as a country.
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First Hundred Days FDR launches period of intense activity to address Depression issues: First step – reform banking March 5th bank holiday Fireside Chat (first of many) to reassure public FDR as master of public relations (radio) Passage of Glass-Steagall Act Establishes FDIC to insure deposits SEC to regulate stock market
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New Deal Programs Prohibition repealed in 1933 (21st Amendment)
Helping Rural Areas: AAA – Agriculture Adjustment Act TVA – Tennessee Valley Authority Creating Immediate Jobs: CCC – Civilian Conservation Corps PWA - Public Works Administration Business and Banking: NRA – National Recovery Administration FDIC, SEC
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New Deal Programs Other important programs:
CWA – Civil Works Administration
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New Deal Critics Programs offer relief, but by 1935, economy still struggling Criticism over DEFICIT SPENDING to “prime pump” of the economy Some believe government must do more: Father Charles Coughlin – wants to tax wealthy more heavily Huey Long – Senator from Louisiana, wants to level income – “every man a king” Francis Townsend – Demands income for elderly
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Court Packing Conservatives on Supreme Court strike down some New Deal programs, including AAA 1937, Roosevelt fears court will dismantle New Deal, asks Congress to reform court, allow 6 more justices to be appointed 1
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Court Packing “Court Packing” bill causes controversy and anger in public and press Threat to checks and balances of Constitution Retirements eventually allow FDR more appointments, secures programs 2
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From http://galedc.com
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