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Published byLucinda Dorsey Modified over 8 years ago
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Long Term Impacts of the New Deal and Depression
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Growth of Government Economic crisis leads to growth of government. – New Deal Programs – Deficit Spending Do you agree with the philosophy of Keynesian Economics? Set precedent of government involvement in economic crisis.
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Lasting Programs Social Security FDIC SEC TVA FHA NLRB
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Women and Minorities New Deal programs did not discriminate. Step toward greater equality
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Growth of Labor Unions FDR is strong supporter of labor Strengthened collective bargaining Increased worker rights
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The End of the New Deal FDR wanted to limit deficit spending WWII was looming FDR thought country was recovering
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New Deal: Success? Yes! – Reduced unemployment – Helped farmers – Helped needy – Reformed banking and finance No! – Too much confusion for business growth – Unemployment still high – Real growth not until after WWII
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