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Published byAlan Day Modified over 6 years ago
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Aim: How did Roosevelt attempt to bring relief, recovery and reform to the American people during the Great Depression? Do Now: Cartoon Who does the nurse represent? Who do you think the patient represents? How is FDR being portrayed? Exam – Friday Review Sheet Due: Thursday
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The New Deal RELIEF - (painkiller) End suffering – give people jobs
direct money mortgage loans RECOVERY – (cure – antibiotic/surgery) End the depression stimulate economic growth create demand for goods and services increase production REFORM – (change habits – exercise/eat right) – prevent it from happening again
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Hoover’s Response Initially – rely on “rugged individualism”
“pull oneself up by the bootstraps” Economy would work itself out Encouraged private charities and local solutions Later – support to industry and agriculture Reconstruction Finance Corporation (Trickle Down) – Government loans to banks & businesses so they could extend loans Some public works projects Protectionism (Hawley Smoot)
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