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Published byLorraine Nichols Modified over 9 years ago
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Essential Question: How did New Deal programs provide relief, recovery, and reform for the American economy and people?
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Herbert Hoover Elected 1928 Noted Humanitarian WWI Food Relief to war torn Europe Depression Policy>From Top Down Reconstruction Finance Company – (loans to banks, insurance companies, and railroads) Bonus Army fiasco
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FDR’s Background From Prosperity 5 th Cousin to T.R. –Eleanor was Teddy’s Niece Polio Victim
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FDR inspired American public bulldog determination to succeed the Brain Trust instill hope and courage in the people - "We have nothing to fear but fear itself" pragmatist rather than ideologue
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Fireside Chats
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Hundred Days 4 day bank holiday-- Emergency Banking Relief Act June, FDIC, guaranteed deposits up to $5,000 Federal Securities Act--SEC regulate the stock market abandoned gold standard 21st Amendment, ending prohibition Farm Credit Administration & Home Owner's Loan Act-- low-interest rates on refinancing mortgages
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CCC created jobs for young men aged 18-25 Federal Emergency Relief Administration-- Harry Hopkins--$500 million –state construction projects –adult literacy programs –college aid for poor students –day-care centers for low- income families TVA --bring electricity to poorest region of nation
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AAA (May 1933) National Industrial Recovery Act (June 1933) –immunity from antitrust –regulate labor conditions-- right to organize National Recovery Administration (NRA) –set production limits, wages, and working conditions –forbade price cutting & unfair competitive practices –publicity program buy only from “Blue Eagle”
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PWA- -$3.3 billion public-works program, Harold Ickles – 35,000 projects Reconstruction Finance Company (Hoover) continued loans to banks, insurance companies, and railroads
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Legislation after the Hundred Days Civil Works Administration - -$1 billion on short-term projects
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Problems for the New Deal Southern Tenant Farmers braintrust split between concentrating on all agricultural versus helping rural poor New Deal didn’t end depression, but most people support FDR's programs
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FDR challenged by conservatives & radicals Father Charles Coughlin—Catholic radio program – new system based on "social justice" –nation's problems were caused by bankers –anti-Semitism –censured by Catholic church
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Huey Long ("Kingfish") Governor then Senator of Louisiana –Share Our Wealth program –liquidate all personal fortunes above certain amount –give every family enough money to buy home, automobile & radio –elderly would receive pensions –assassinated in 1935
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Biggest challenge to New Deal comes from Supreme Court 1935--AAA & NIRA ruled unconstitutional
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FDR wins reelection in 1936 > Second New Deal focuses on needs of urban and rural poor and workers expand federal relief efforts to American workers deficit spending -- John Maynard Keynes economic policy –deficit spending will pump money into economy & combat depression
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WPA - Harry Hopkins - 11 billion to put people to work –8 million people in 34,000 construction projects –murals, photographs, Slave narratives National Labor Relations Act (Wagner Act) –requires employers to bargain with unions –National Labor Relations Board Resettlement Administration--farmers, tenants, sharecroppers –Rural Electrification Administration –replaced by the Farm Security Administration
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Social Security Act –old-age pensions –survivors' benefits for families of deceased workers –unemployment insurance Revenue Act--Raised tax rates on incomes over $50,000 –established federal tax on corporations Fair Labor Standards Act –Set minimum wage and maximum work-week –prohibited child labor under age of 16
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Court-packing 1937, FDR tried to stop Supreme Court striking down New Deal Proposes court-reform bill Allowed president to appoint a new justices to sit with any justice over 70 who would not retire Killed by Congress, but Court stops striking down New Deal Hurt FDR’s public image
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Recession of 1937, caused by… reduced consumer spending due to social security deductions cutbacks in New Deal work and relief programs to balance budget FDR and Congress revived and expand the PWA, WPA, etc. and other work programs revival of economy begins and unemployment declines
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Eleanor Roosevelt Changed role of 1 st Lady
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ReliefRecoveryReform 3 R’s
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Letters to Mrs. Roosevelt Who wrote to the First Lady? What did they write about? What can you learn from the letters about the Great Depression & New Deal?
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