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The Great Depression and the new deal
Chapter 33 The Great Depression and the new deal
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Election of 1832 Herbert Hoover (R) Franklin Delano Roosevelt (D)
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FDR Governor of NY Wife: Eleanor Roosevelt
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FDR’s Campaign Balanced budget Social and economic reforms
“Forgotten Man” New Deal
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Election of 1832 African Americans vote Democrat
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FDR’s Inaugural Address
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“The First 100 Days” Hundred Days Congress
Series of reforms trying to immediately help
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New Deal 3 R’s: Relief, Recovery, and Reform Progressive ideals:
unemployment insurance, old-age insurance, minimum-wage regulations, conservation of natural resources, anti-child labor
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New Deal
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The Banks National Banking Holiday: March 6-10, 1933
Federal Deposit Insurance Commission (FDIC): Guaranteed $ in bank accounts up to $5,000
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The Economy No more gold standard Modest inflation
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Public Confidence Fireside Chats
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Jobs Civilian Conservation Corps (CCC)
Federal Emergency Relief Act (FERA) Civil Works Administration (CWA) Public Works Administration (PWA)
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Farmers Soil Conservation Act
Agricultural Adjustment Administration (AAA)
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Important Programs Indian Reorganization Act of 1934
Federal Securities Act (Truth in Securities) Securities and Exchange Commission (SEC) Social Security Act 1935 (urbanization)
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Workers Committee for Industrial Organization Merged with AFL
Formed Congress of Industrial Organizations
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New Deal Criticisms Unconstitutional:
Increased power of federal government President has legislative powers? Socialistic National Recovery Administration: “fair” business practices Schechter vs US: NRA unconstitutional b/c Congress regulating businesses not interstate trade
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New Deal Criticisms Republicans: criticize for waste, experimentalism, and radicalism Election of 1836: FDR wins, South, blacks, urbanites, poor, farmers
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20th Amendment Shortened period from election to inauguration
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Court Packing Roosevelt saw his reelection as support for his programs
Supreme Court dominated by older, conservatives 1837: Court-packing Plan- Pres could add a new Justice for every current Justice over the age of 70 who wouldn’t retire…
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Reaction Lots of criticism BUT
After, the Court started supporting Roosevelt’s policies… Owen Roberts
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