1. Election of 1932 and the New Deal

2. Hoover’s Actions (prior to election)
Voluntary controls of businesses
Firms quietly cutting workers’ pay
Started to create Government jobs
Public still believed government was helping bankers and not ordinary people
He believed direct federal relief would destroy people’s self-respect

4. Franklin Delano Roosevelt
Democrat
Governor of New York
“Happy days are here again!”
Promoted “New Deal”
Was ready to experiment with government roles in economy

5. 1932 Presidential Election
Federal Government Intervention
vs.
No Government Intervention

6. Roosevelt’s Landslide Victory
FDR won by 7 million votes
Voters with most influence:
Urban workers
Coal miners
Immigrants of Catholic & Jewish descent
Having to overcome fear in own life (polio) drove him to speak with conviction

7. John Maynard Keynes
British economist who said massive government could help a collapsing economy and encourage more private spending

8. FDR’s New Deal Program of relief, recovery and reform
Not really sure how this would work
Five main areas of concerns

9. Main Concerns Restore Confidence in Banks
Bank holiday
Establish FDIC
Provide Relief and Create Jobs
Federal Emergency Relief Admin. (FERA)
Civil Works Admin. (CWA)
Civilian Conservation Corps. (CCC)

10. Main Concerns Helping Businesses Saving Homes and Farms
National Industrial Recovery Act (NIRA)
National Recovery Admin. (NRA)
Saving Homes and Farms
Home Owner’s Loan Corp. (HOLC)
Helped make mortgages more manageable
Give farmers incentives

11. The Dust Bowl, 1935–40 This map shows the extent of the Dust Bowl in the Southern Great Plains. Federal programs designed to improve soil conservation, water management, and farming practices could not prevent a mass exodus of hundreds of thousands out of the Great Plains.

13. Main Concerns Retirement and Disability
Social Security System (S.S. Act )
Payments to help people who cannot help themselves
Pensions
Unemployment insurance
Aid for disabled