1. Objectives 13.1
Analyze the impact of Franklin D. Roosevelt had on the American people after becoming President
Describe the programs that were apart of the first New Deal and their immediate impact
Identify critical responses to the New Deal

2. 1932 Election
Franklin Delano Roosevelt (FDR)=New Deal (gov. intervention)
Hoover=leave to local and state gov. and private agencies
FDR’s wife’s -Eleanor Roosevelt

3. FDR Restores Nation’s Confidence
“Brain Trust” helped create New Deal
New Deal program…3 goals
Relief, recovery, reform
FDR used the radio to communicate with people
Called “Fireside” chats

4. Reforming the Financial System
Emergency Banking Bill
4 day “bank holiday”
Get accounts in order
FDR urged Americans to return their money to banks
By the end of March, 1933, $1 Billion was returned to banks in the form of deposits
Congress created the FDIC (Federal Deposit Insurance Corporation) to insure accounts up to $5,000
SEC (Securities and Exchange Commission) regulates stocks

5. New Deal Programs (Alphabet Soup)
1st 100 Days of FDR’s Presidency!

6. Helping Farmers Agricultural Adjustment Administration (AAA)
End overproduction and raise crop prices
Gov. provided financial aid to not plant part of their land and to kill off excessive livestock
By 1934, farm prices began to rise

7. Aid to Rural Southerners
Tennessee Valley Authority (TVA)
built new dams in Tennessee River Valley
Replanted forests, built fertilizer plants, created jobs

8. Industrial Recovery Civilian Conservation Corps (CCC)
Helped 2 million year old men
Planted trees & created parks

9. More Relief Acts… Federal Emergency Relief Administration (FERA)
Granted federal funds to state and local agencies to help the unemployed
Civil Works Administration (CWA)
Short-lived
Jobs on public-works projects
Home Owners Loan Corp. (HOLC)
low interest rate home loans to people who couldn’t pay mortgage

10. National Industrial Recovery Act (NIRA)
Developed codes of fair competition to govern whole industries
National Recovery Administration (NRA)
Regulated production, wages, and prices
PWA-Public Works Administration
-Built bridges, dams, power plants, and gov. buildings

11. Opposition & Critics of the New Deal
Right- New Deal too powerful
Left-Not enough!
Populist- Challenge FDR
Francis Townsend - Wanted gov’t to grant a pension of $200/ month to every American over 60 years old
Charles Coughlin – FDR not doing enough. Calls for nationalization of industry.
Huey Long - Proposed “Share Our Wealth” program
Tax the rich and give to the poor
Eventually was assassinated