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1932 Presidential Election
Franklin D. Roosevelt was perceived as a man of action. Hoover was viewed as a “do nothing president.” Results – A landslide for Democrats.
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Map of Electoral College Votes
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Situation when FDR took office
By March 1933, the country was virtually leaderless and the banking system had collapsed.
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FDR Restores Confidence
In his inaugural address, he said: “The only thing we have to fear is fear itself…” FDR was a charismatic person who exhibited warmth and understanding of people
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FDR introduces the New Deal The 3 Rs
RELIEF: Immediate action taken to stop the economy from getting worse. To provide jobs for the unemployed and to protect farmers from foreclosures.
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RECOVERY: To get the economy back into high gear, “priming the pump” Temporary programs to restart the flow of consumer demand – get people spending money again.
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REFORM: Permanent programs to avoid another depression and protect citizens from more economic problems. To regulate banks, to abolish child labor, and to conserve farm lands.
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Sources of the New Deal Ideas
Brain Trusts – specialists and experts, mostly college professors, idea men. New Economists –gov’t spending and public works should prime the pump. Roosevelt’s Cabinet – included democrats and republicans blending ideas.
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Fireside Chats Roosevelt’s fireside chats were radio broadcasts in which he reached out to the American people.
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