1. The New Deal
USH-6.4

2. I. Turn around People wanted a president that would end the Depression
Franklin D. Roosevelt (D) of New York is elected in 1932
FDR immediately starts relief, recovery, and reform measures
Collectively known as the New Deal

3. III. Women New Deal did not officially address women
Programs either prohibited women or hired very few
Women had to find whatever work they could
Even though they were “stealing” jobs from men
“Use it up, wear it out, and make it do or do without”

4. III. Women FDR named the 1st women to the Cabinet
Frances Perkins was Secretary of Labor
Also relied on wife Eleanor for advice
1st First Lady to be politically active

5. IV. New Deal Programs Emergency Banking Act Fireside Chats
Banks were closed for about a week
Stopped the banking industry collapse
Fireside Chats
FDR got on the radio and was talking to Americans like grandpa by the fire
1st one encouraged people to trust banks

6. IV. New Deal Programs Federal Deposit Insurance Corporation (FDIC)
Insures bank deposits
Prevents people from losing it all by giving only portion of funds
Securities and Exchange Commission (SEC)
Regulations on the stock market to prevent another crash

7. IV. New Deal Programs Agricultural Adjustment Act (AAA)
Paid famers a subsidy to plant less acres
Lowers supply
Slightly raises prices & income
Hurt sharecroppers by taking some land out of production

8. IV. New Deal Programs Tennessee Valley Authority (TVA)
Wanted to create electricity for rural areas
Built many dams along the Tennessee River and flooded large areas
Provided electricity for parts of seven states
Thousands of jobs were created
More money in the economy

9. IV. New Deal Programs Civilian Conservation Corps (CCC)
Built parks around the country
For unemployed men
Public Works Administration (PWA)
Built schools, bridges, hospitals, air fields, etc.
Money is spent in local economies

10. IV. New Deal Programs “Court-packing”
The Court overturned a bunch of programs
FDR wanted to raise the # of justices from 9 to 15
They would vote his way
Did not pass
Work Progress Administration (WPA)
Also built public buildings
Spent $ supporting the arts
Writers, actors, artists
Often used to promote other New Deal programs

11. IV. New Deal Programs Social Security Act
National insurance policy for the:
Unemployed
Disabled
Elderly
Dependent children
Workers pay into the fund
Works now but did little to help the Depression

12. IV. New Deal Programs Fair Labor Standards Act Wagner Act
Minimum wage ($0.25/hour)
Maximum hours (44/week)
Wagner Act
Recognized unions and collective bargaining

13. V. Paying for the New Deal
Most of these programs were paid for by taxes
Taxes in the rich increased
When they complained, FDR cut spending in 1937
Unemployment that had been dropping went back up
Deficit spending has been used ever since to prevent depressions
Spending more than you make