2. The New Deal
The First New Deal

3. Vocab List 22
-Polio -Gold Standard -Bank Holiday -Fireside Chats -Ideology Acronyms Meaning only: -FDIC (p 251)
-CCC / FERA / PWA / CWA (p 252)

4. I. Background: FDR
Franklin Delano Roosevelt (FDR) wins Election of 1932
Politics - a progressive reformer democrat
Polio - a paralyzing disease that no longer exists. He was able to recover from it through WILL AND EXERCISE!
First thing he does? Ends Prohibition (21st amendment)
Lord knows USA needs a drink now!!
+ Gov. can tax revenue from sale of alcohol
Do not copy: “The only thing we have to fear is fear itself… the nation asks for action and action now!” -FDR

5. Background Video ND

6. II. First New Deal
New Deal = FDR’s promise of the 3 R’s-- Relief, Recovery & Reform
Relief = $$$ for those in need
Recovery = Programs to fix economy
Reform = regulate economy to prevent depression in the future
Why is the New Deal split in two?
First New Deal are the programs passed before 1935, most in the first 100 days of FDR’s presidency
Second New Deal post 1935, focus goes from recovery to reforming economic security

8. III. Relief Programs: 1) For Banks
Emergency banking relief act - licensed banks that were financially sound.
SEC - Securities & Exchange Commission - created to regulate the stock market
FDIC - Federal Deposit Insurance Corp - government insurance for bank deposits
2) For Farms
AAA - Agricultural Adjustment Act - raised farm prices by setting quotas and paying farmers to plant less (lol wut?)

9. III. Relief Programs (cont…)
3) For the People:
NRA - National Industrial Recovery Act - Government planners & business leaders joined forces to create standards for production/prices/conditions
PWA - Public Works Administration- $33 Billion for private companies to build schools, highways, dams.
CCC - Civilian Conservation Corps - employed 3 million young men built all our national parks
CWA - Civilian Works Administration - employed 4 million to build airports, schools and and parks.

10. Video Dude Drawing
New Deal

11. IV. Supreme Court gets involved
The New Deal was almost destroyed by the Supreme Court
Struck down the AAA
Felt that the President had too much legislative power
This is the idea of “Separation of Powers”
FDR Responds:
Lets “Pack the Court”
Proposed law allowing him ability to appoint new supreme court justices if current ones older than 70.
Constitutional to do this.
6 justices older than 70
Supreme Court backs down, upholds 2nd new deal laws

13. V. Was 1st New Deal successful?
He showed that in one year, he could change ‘Merica
Showed willingness to experiment
Banks reopened
More people employed
Restored spirit of Americans who lost hope.