1. How did President F.D. Roosevelt Try to Fight the Great Depression?
U. S. History & Government
11th Grade Boys/Girls
24 November 2018

2. Do Now
Name a few actions done by President Herbert Hoover to address Great Depression and explain why were they not successful? [3 Minutes]

3. FDR’s Goals in Alleviating Great Depression
1932 Election
Democratic Candidate FDR won the presidency
Democrats also gained control of the Congress with a large majority
FDR & his advisors planned programs – The New Deal – to solve the economic problem, with following goals
To provide relief for the needy
To have economic recovery
To do financial reform

4. Main Programs Important laws to expand federal government’s power
Declared “Bank Holiday” – “Emergency Banking Relief Act” was passed
Glass-Steagall Act established FDIC

5. Federal Securities Act was Passed
Companies had to provide accurate information about their stocks
Securities and Exchange Commission (SEC) was set up
Direct talk with people
“Fireside Chats”

6. Providing Help to People
Agricultural Adjustment Act (AAA) was passed
TVA was set up
Civilian Conservation Corps (CCC) was established
Federal Emergency Relief Administration (FERA) provided direct relief.
National Industrial Recovery Act (NIRA) passed

7. The National Industrial Recovery Act (NIRA)
Created Public Works Administration (PWA)
Guaranteed workers’ right to organize unions
Set up National Recovery Administrations (NRA)
Home Owners’ Loan Corporation (HOLC)

8. Critiques of New Deal New Deal was funded by “Deficit Spending”
Supreme Court’s Unfavorable Reaction
Individual Critiques:
Charles Coughlin
Francis Townsend
Huey Long

9. Roosevelt wanted his supporters to be in the Court.
Supreme Court found two important parts of new deal unconstitutional: NIRA & AAA
Roosevelt wanted his supporters to be in the Court.
Three Main Critiques
Father Charles Coughlin, a Roman Catholic Priest: Guaranteed income and Nationalization of Banks
Dr. Francis Townsend – proposed pension plan for the elderly
Senator Huey Long of Louisiana
Proposed a program called “Share Our Wealth”

10. Homework
Questions 1, 3 & 4 on page 700

11. The Lasting Impact of New Deal
Effects on the Government:
Gave greater role to the federal government and the president to shape the country’s economy.
It had lasting impact on worker’s rights, banking and investment
The following organizations still function: NLRB, FDIC and SEC.

12. Social and Environmental Impact
The economy became more stable
Social security system became one lasting impact – for the first time the federal government took charge of people’s welfare.
Loans for farmers – Second Agricultural Adjustment Act
TVA helped environment