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Standard Addressed: Students analyze the different explanations for the Great Depression and how the New Deal fundamentally changed the role of the federal government. Learning Objectives: Section 5 - The Impact of the New Deal 1. Summarize opinions about the effectiveness of the New Deal. 2. Describe the legacies of the New Deal.
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A BULLDOG ALWAYS Commitment Attitude CARES Respect Encouragement Safety
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AMERICA GETS BACK TO WORK
THE NEW DEAL AMERICA GETS BACK TO WORK
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SECTION 5: THE IMPACT OF THE NEW DEAL
Over time, opinions about the merits of the New Deal and FDR have ranged from harsh criticism to high praise – usually along partisan lines Conservatives felt FDR made government too large and too powerful Liberals countered that FDR socialized the economy because Americans needed help
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LEGACIES OF THE NEW DEAL
FDIC – banking insurance critical to sound economy Deficit spending has became a normal feature of government Social Security is a key legacy of the New Deal in that the Feds have assumed a greater responsibility for the social welfare of citizens since 1935
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Guided Reading: Labor Laws & Agencies Lasting Effects Wagner Act
Fair Labor Standards Act National Relations Board Standard for equal wages and hours Ban on Child labor Rights to organize and bargain collectively Government mediation of labor disputes
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Agriculture and rural life
Guided Reading: Agriculture and rural life Laws & Agencies Lasting Effects Agricultural adjustment acts Soil Conservation Services Aid to farmers Farm price supports Taught contour plowing Terracing Crop rotation
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Guided Reading: Banking and finance Laws & Agencies Lasting Effects
Securities and Exchange Commission Glass-Steagall Banking Act Federal Deposit Insurance Corporation Monitoring of the stock market Federal enforcement of laws regarding the sale of stocks and bonds Insurance on bank accounts
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Guided Reading: Social Welfare Laws & Agencies Lasting Effects
Social Security Act Federal government acceptance of some responsibility for the social welfare of its citizens Old-age insurance programs Unemployment compensation Programs to aid families with dependent children and the disabled
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Guided Reading: Environment Laws & Agencies Lasting Effects
Civilian Conservation Corps Soil Conservation Services Taylor grazing Act Tennessee Valley Authority Programs protecting the nation’s natural resources, including farmland Prevention of floods and dust storms More national parks and wildlife refugees; pollution
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Chapter 15 Section 5 MAIN IDEA QUESTIONS
A – Why did the industrial production drop and unemployment go up again in 1938? Because, in response to pressure from Congress, FDR cut back on New Deal programs
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Chapter 15 Section 5 MAIN IDEA QUESTIONS
B – Why was the establishment of the Social Security system such an important part of the New Deal? The govt began accepting responsibility for providing assistance to needy members of society.
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Chapter 15 Section 5 MAIN IDEA QUESTIONS
C – How did New Deal programs benefit and harm the environment? BENEFITED: with new trees, hiking trails, fire lookouts, soil conservation, flood control, national parks, wildlife refugees, and wilderness areas. HARMED: with water, air, land pollution.
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