1. By: Allison Cohen Amber Hsu Jake Perez Sruthi Pichika

2. Planned to launch Third New Deal to build on achievements FDR not in favor of deficit spending o spending more $ than government receives in revenue o Resulted in never launching third reform era

3. 1937-Industrial production and unemployment improved Pressured by Congress to scale back New Deal programs o Economic problems still occurring o Resulted in…  decrease in industrial production  unemployment rising from 7 to 11 million from 1937 to 1938

4. Conservatives thought FDR’s policies made government too large and powerful government stifled free enterprise and individual initiative Liberals argued FDR didn’t socialize economy enough refused to eliminate social and economic inequalities

5. Supporters thought… FDR struck balance between two extremes o unregulated capitalism o overregulated socialism Helped country to recover from economic difficulties

6. Deficit Spending: Spending more money than government receives in revenue New Deal: Policies focused on relief for the needy, economic recovery, and financial reform FDR: Franklin Delano Roosevelt, proposed the New Deal program

7. SUPPORTERS Successful Created more jobs Temporary solution to a crisis Transformed the way American government works CRITICS Failed to reach its goals Goals of New Deal never met More problems created than solved Failed to extend equality, raise impoverished, redistribute income

10. liberals and conservatives

12. unemployment rose && industrial production dropped