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Published byLoreen Jenkins Modified over 6 years ago
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New Deal Goals Relief for the needy Economic Recovery Financial Reform
Money, food Economic Recovery Public works projects Financial Reform Banking reform, creation of social security
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“It is common sense to take a method and try it
“It is common sense to take a method and try it. If it fails, admit it frankly and try another. But above all, try something.” ~ Franklin Delano Roosevelt
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First 100 Days March 9-June 15, 1933 15 pieces of legislation
Emergency Banking Relief Act Inspecting the banks to see if they were able to re-open Fireside chats
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Glass-Steagall Banking Act 1933
Created the Federal Deposit Insurance Corporation (FDIC) FDIC: provided federal insurance for bank account Reassured Americans that their money was safe in the bank
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AAA Agricultural Adjustment Act
Raise crop prices by lowering production How?...government would pay farmers to not plant on some of their land
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CCC Civilian Conservation Corps
Men, 18-25: building roads, parks, planting trees, flood-control projects $30 monthly, $25 sent home Free food and uniforms By 1942, 3 million men went through this program
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FERA Federal Emergency Relief Administration
$500 million to provide direct relief to the needy
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PWA Public Works Administration Gave money to states to create jobs
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CWA Civil Works Administration
Provided 4 million immediate jobs in the winter of Built 40,000 schools and paid the salaries of 50,000 teachers Built roads in rural areas
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NiRA National Industrial Recovery Act
Promote industrial growth by establishing codes of fair practice Created the NRA Set prices for products to ensure fair competition
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TVA Tennessee Valley Authority Focused on the Tennessee River
Renovated dams and built new ones Created thousands of jobs, flood control, hydroelectric power
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FHA Federal Housing Administration
Provides loans for home mortgages and repairs
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Court-Packing Cause: Supreme Court declared NIRA and AAA unconstitutional Why? Gave executive branch legislative power; agriculture should be a state/local matter and not a federal one FDR decided to add 6 more justices to the Court Effect: protest in Congress, damaged FDR’s public image…Court started supporting New Deal policies and FDR was able to appoint 7 new justices
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Critics of the New Deal American Liberty League Father Coughlin
Wealthy business leaders New Deal violated respect for the rights of individuals and property Accused FDR of being a dictator Father Coughlin Favored a guaranteed annual income Wanted nationalization of banks Dr. Francis Townsend FDR wasn’t doing enough for the poor and elderly
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