1. The Impact of the New Deal

2. Preview Questions What do critics say about the New Deal?
How did the New Deal make the economy more stable?

3. I. New Deal Reforms Endure
Conditions At End of 1930’s
Production at 1929 level
Unemployment better, but still high
Cutback on New Deal Programs
Reduced deficit spending
Slight economic decline
FDR worried about events in Europe

4. I. New Deal Reforms Endure
Criticisms
Interfered with free enterprise
Economic gap remained large
Didn’t end Great Depression
Praises
Balanced effort at saving capitalism
Many long-lasting programs

5. I. New Deal Reforms Endure
Increased Power of President
Federal Jobs
Regulated Supply and Demand
Mediated Labor Disputes

6. I. New Deal Reforms Endure
Banking and Finance
FDIC
SEC
Labor
Wagner Act (NLRB)

7. II. Social and Environmental Effects
Social Security Act
Federal government took responsibility for its citizens
Agriculture
Second AAA

8. II. Social and Environmental Effects
Soil Conservation
Tennessee Valley Authority