1. Roosevelt and the New Deal

2. Hoover attempts to fix the economy
Hoover’s actions are limited
Hoover uses the Government
Hawley-Smoot Tariff – highest import tax in American History
Other nations raised their tariffs on American exports
International trade came to a stand-still
Reconstruction Finance Corporation (RFC)
Gave credit to institutions (railroads, insurance companies, etc.)
Gave money to banks so they could extend loans

3. Franklin Roosevelt to the Rescue

4. Bonus Army
20,000 unemployed World War I veterans marched to Washington to demand pensions for their service in World War I
Money was denied by the Senate
Marchers camped out in Washington in shacks
Hoover ordered the Army to remove them
Much violence and several injuries
Burning of Bonus Army shacks

5. The New Deal
Roosevelt’s plan to restore and rebuild the American economy using government expansion and intervention
Included many new government agencies
Very experimental
Appealed to the American people, even though they weren’t quite sure what it would look like

6. Financial Institutions
Ordered all banks closed for four days
Passed the Emergency Banking Act
Allowed the government to inspect the health of the banks
People became more confident in the banks when the government began to regulate them, and returned to put money in.
Established the Federal Insurance Deposit Corporation (FDIC) – Insures deposits
Confidence in banks returned, and people put money back in

7. Works Progress Administration
Works Progress Administration (WPA)
Employed millions of Americans
Undertook many public works projects
Largest part of The New Deal

8. Public Works Projects Civilian Works Administration (CWA)
Put the unemployed to work building road, airports, parks, and other facilities
Tremendous morale booster for Americans
Civilian Conservation Corps (CCC)
Put over two million young unmarried men to work maintaining beaches, forests, and parks
Low pay, but they lived in camps and were provided food

9. More New Deal Programs Agriculture Adjustment Act (AAA)
Subsidized farms to cut production rather than expand
But lowering the supply, Roosevelt sough to raise the price, helping the farmers.
Tennessee Valley Authority (TVA)
Building hydroelectric facilities
Helped farmers with cheap electricity and flood control
Federal Housing Administration (FHA)
Protects mortgages and provides more rights to home owners
Grants loans to purchase homes

10. The Blue Ridge Parkway
The Golden Gate Bridge
Dealey Plaza
Fiorello LaGuardia Airport

11. The New Deal in Arizona Encanto Park, Phoenix Bisbee Stairs, Bisbee
Hoover Dam, Mohave County
Phoenix College, Phoenix
South Mountain Park, Phoenix
Historic Buildings of University of Arizona, Tucson
Prescott Armory Refurbishment, Prescott

12. Yup…there’s more… Social Security System
Provides financial security to Americans who cannot take care of themselves
Three types:
Old-age pensions –paid by workers and employers
Unemployment insurance – money distributed to works who lost their jobs
Aid for the disabled
Wagner Act – Union negotiating practices
collective bargaining
closed shops

13. Hooray for women!!!
Roosevelt nominates the first woman to a cabinet post in United States History
Francis Perkins was sworn in as the 4th United States Secretary of Labor in 1933