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Roosevelt and the New Deal (1933 – 1939) Students will analyze new deal organizations and why they are beneficial.
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If it’s broke, fix it!!!!! Bellwork: Describe a situation when you have broken something ( toy, appliance, etc.) and have had to fix it… was it difficult? Why or why not? Did you need help?
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I. The Hundred Days Begins March 9 – June 16 1933 (Hundred Days) Roosevelt sent many bills (the First New Deal) to congress.
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Roosevelt brought in advisor to help him with the New Deal. Divided the advisors into three groups. Advisors “New Nationalism Oppose big business “New Freedom
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1 st group – “New Nationalism” From Theodore Roosevelt and believed gov’t and business should work together to manage the economy.
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2 nd Group – opposed big business Wanted gov’t planners to run key parts of the economy.
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3 rd group – “New Freedom” From Woodrow Wilson and felt it was the government’s responsibility to restore competition to the economy.
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II. Fixing the Banks and the Stock Market 1 st job for Roosevelt: restore confidence in the banking system. Called a national holiday and called congress into special session. Passed the Emergency Banking Relief Act – required federal examiners to survey the nation’s banks.
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Roosevelt's “fireside chat” He spoke on the radio directly to the people, he assured Americans that the banks are now secure. Next day – deposits outweighed the withdrawals, ending the banking crisis.
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Securities and Exchange Commission (SEC) Created to regulate the stock market and prevent fraud
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Federal Deposit Insurance Corporation (FDIC) Provided gov’t insurance for bank deposits up to a certain amount.
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Agricultural Adjustment Administration (AAA) Administered the Agricultural Adjustment Act – a plan that paid farmers not to raise certain crops to lower crop production. (large farms profited small farms didn’t)
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Civilian Conservation Corps (CCC) Gave unemployed men b/w 18 to 25 the oppor. To work with the national forestry service planting trees, fighting fires, and building reservoirs. Employed 3 million men.
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Federal Emergency Relief Administration (FERA) Gave money to help state and local agencies fund relief projects.
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Public Works Administration (PWA) Began a series of construction projects
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Civil Works Administration (CWA) Harry Hopkins hired workers directly and put them on the government’s payroll. Shut down after how much money was spent on the program.
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(SEC) (FDIC) (AAA) (NIRC) (NRA) (HOLC) (FCA) (CCC) (FERA) (PWA) (CWA) First New Deal (Page 687)
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