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THE NEW DEAL
Transcript of THE NEW DEAL
By Sami, David, Columbus, Silvia, and Martin
The New Deal was developed by Franklin Delano Roosevelt after he won the election against President Hoover because of the downfall of the economy during the Great Depression.
The New Deal (1933- 1941)
The new deal had 3 major goals:
-- Short term, immediate for the unemployed, homeless and srarving.
-- short and long term aimed at restoring the economy.
-- aimed at the causes of the GD and prevent another depression from happening.
3 Major Goals
President Roosevelt and his congress passed more legislations during his first hundred days than any other president. The first hundred days is now the measuring stick for all presidents.
is when you spend more money than you bring in.
The Hundred Days
Some Major New Deal Programs
Our current Nationals Debt
Fire Side Chats
During radio broadcasts with the country President Roosevelt spoke in an easy to understand language so others that are not in the political field could understand.
Emergency Banking Relief Act (EBRA) - ordered all banks to close until they could prove to the treasury department they were financial sound enough to stay in business. This was FDR's first act
Federal Emergency Relief Administration
(FERA)- provided money for the needy and for clothing and shelter.
Agricultural Adjustment Act
(AAA)- farmers paid not to plant crops
Civilian Conservation Corp
(CCC)- provided jobs for young men to ge out of trouble
Home Owner Loan Corporation
(HOLC)- loaned money to homeowners who were about to be foreclosed
Federal Housing Administration
- provides initial loans for mortgages at a low rate
Tennessee Valley Authority
(TVA)- 1933 provided money to build dams and hydro electric power plants along the Tennessee River
National Recovery Administration
- set prices on many products and establishes standards in certain industries
- Created the Federal Depositors Insurance corporation (FDIC)-- Insurance in banks.
Federal Securities Act
- 1933 required corporations to provide accurate business accounts to stock holders.
Securities and Exchange Commision
(SEC) to regulate the stock market.
Court Packing Plan
In 1935 the supreme court declared that the NIRA andAAA were unconstitutional.
In 1937, President Roosevelt proposed a law that would add 6 new justices.
Second New Deal
Social Security Act-- had 3 major parts to it
Income for those who are 65 years or older
Income for the disabled
President Roosevelt had a disablity so his wife Eleanor Roosevelt was his most trusted advisor
1. The New Deal did all of the following EXCEPT
a. construct the foundations of the federal welfare system.
b. transform the Democratic Party into the dominant force in American politics
c. preside over the birth of the modern labor movement.
d. end the Great Depression.
e. close all American banks
2. Roosevelt's first concern as president was the
a.public panic caused by the bank failures.
b.collapse of agriculture.
c.problem of widespread unemployment.
d.deflationary spiral that had crippled business.
e.stagnant farm prices.
3. To provide assistance to those in need, Roosevelt and his adviser Harry Hopkins regarded which of the following as best?
a.cash grants to states
c.a government dole for individuals
e.Roosevelt and Hopkins did not actively work together to provide assistance to those in need.
4.What year was the New Deal created?
What was FDR’s idea of court packing?
a. Making a company were lawyers packed court cases
b. New name for a moving company
c. Drafting soldiers for WW2
d. Adding 6 justices to the Supreme Court
e. Getting rid of all justice
Objective Questions – The New Deal
How did New Deal programs attempted to provide relief, recovery and reform?
By bringing them American people back in their feet and opening programs that helped the poor.
What are some examples of each of those programs?
The FDIC, SEC, SSA, AAA, etc.
Who were critics of Roosevelt’s New Deal? What were their solutions to the Great Depression?
Herbert Hoover, and his solution was to put all the governments money into big businesses and let them fix themselves by giving jobs to the public
What was the differences or the similarities between the New Deal and critic’s plans to end the Great Depression?
FDR’s new deal gave aid to the poor and opened jobs for them while Hoover’s idea was supposed to give people jobs
Why did FDR attempted to increase the number of Supreme Court justices? Why didn’t it work?
To increase the votes of the Supreme Court and pass the laws and programs the current court didn’t want to pass.
What was the result of the “Court Packing” plan on the FDR and the success of the New Deal?
It failed and most of the ideas for the deal failed, but then FDR decided to make a 2nd New Deal.
What were the long term impacts of the New Deal?
It helps the nation to never have another GD again.
Which New Deal programs still affect the lives of American people today?
The FDIC ensures banks and people’s money is secure.
What was the lasting effect of the New Deal on the U.S. government?
Ensured that the nation and its people were secure.
NEW DEAL TIMELINE