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FDR Social Security
1
Phoebe Merrigan &
Matt Liroff
FDR: The Social Security Act
Origins
ORIGINS
- An environmental crisis in the Midwest which led to the infamous market crash which resulted in the immediate effects
The Great Depression
The Great Depression
- Black Tuesday
- The Dust Bowl
- Smoot-Hawley Tariff Act
Options
OPTIONS
The Three R's
The New Deal (Three R’s)
- Relief for the unemployed
- Recovery of the economy
- Reformation of the financial system
Other Options
Implementation of specific target legislation
- Some were content with watching the market regulate and shape itself, most were demanding government actions to resolve the crises.
- Implementation of specific target legislation
Aftermath
AFTERMATH
Aftermath
Results
- Managed to pass the more critical elements of the program the first and second time around.
- The scope of the deal contradicted the best interests of conflicting parties
Aftermath
ASSESSMENT
Questions
- Why was it controversial?
- Why is the government handing out money?