1. Unit #8 Presidential Responses to the Great Depression
LESSON #8-8
The Second New Deal p

2. What was FDR’s 3 part goal?
Relief
Recovery
Reform

3. The New Deal (1933-1935) Save the banks (RELIEF)
FDIC – insure the banks
Fireside Chats – reassure Americans every week
Get $$ back into circulation
Provide affordable loans to homeowners and farms
Get Americans Working (RECOVERY)
The “alphabet soup” of new agencies
PWA, CCC, CWA
Get Americans jobs
Regulate investments (REFORM)
Glass-Steagall Banking Act – separate savings banks from investing companies
Securities and Exchange Commission (SEC) – prevent fraud in the stock market

4. FDR’s “honeymoon” ends after 2 years
Why do you think he was so popular?
Read top of p. 55 – which people do you think were most happy?
Which people do you think had not yet found happiness?

5. Huey Long: What was his job in society?
What did he think should happen?
How did he think the government should accomplish this goal?

6. Charles Coughlin: What was his job in society?
What did he think should happen?
How did he think the government should accomplish this goal?

7. Francis Townsend: What was his job in society?
What did he think should happen?
How did he think the government should accomplish this goal?

8. The Wagner Act Social Security What did this act do?
Who pays into this “insurance” fund?
What’s the purpose?
Social Security