1 / 12

How did President F.D. Roosevelt Try to Fight the Great Depression?

How did President F.D. Roosevelt Try to Fight the Great Depression?. U. S. History & Government 11 th Grade Boys/Girls 7 January 2020. Do Now. Name a few actions done by President Herbert Hoover to address Great Depression and explain why were they not successful? [3 Minutes].

drech
Download Presentation

How did President F.D. Roosevelt Try to Fight the Great Depression?

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. How did President F.D. Roosevelt Try to Fight the Great Depression? U. S. History & Government 11th Grade Boys/Girls 7 January 2020

  2. Do Now Name a few actions done by President Herbert Hoover to address Great Depression and explain why were they not successful? [3 Minutes]

  3. FDR’s Goals in Alleviating Great Depression • 1932 Election • Democratic Candidate FDR won the presidency • Democrats also gained control of the Congress with a large majority • FDR & his advisors planned programs – The New Deal – to solve the economic problem, with following goals • To provide relief for the needy • To have economic recovery • To do financial reform

  4. Main Programs • Important laws to expand federal government’s power • Declared “Bank Holiday” – “Emergency Banking Relief Act” was passed • Glass-Steagall Act established FDIC

  5. Federal Securities Act was Passed • Companies had to provide accurate information about their stocks • Securities and Exchange Commission (SEC) was set up • Direct talk with people • “Fireside Chats”

  6. Providing Help to People • Agricultural Adjustment Act (AAA) was passed • TVA was set up • Civilian Conservation Corps (CCC) was established • Federal Emergency Relief Administration (FERA) provided direct relief. • National Industrial Recovery Act (NIRA) passed

  7. The National Industrial Recovery Act (NIRA) • Created Public Works Administration (PWA) • Guaranteed workers’ right to organize unions • Set up National Recovery Administrations (NRA) • Home Owners’ Loan Corporation (HOLC)

  8. Critiques of New Deal • New Deal was funded by “Deficit Spending” • Supreme Court’s Unfavorable Reaction • Individual Critiques: • Charles Coughlin • Francis Townsend • Huey Long

  9. Supreme Court found two important parts of new deal unconstitutional: NIRA & AAA • Roosevelt wanted his supporters to be in the Court. • Three Main Critiques • Father Charles Coughlin, a Roman Catholic Priest: Guaranteed income and Nationalization of Banks • Dr. Francis Townsend – proposed pension plan for the elderly • Senator Huey Long of Louisiana • Proposed a program called “Share Our Wealth”

  10. Homework • Questions 1, 3 & 4 on page 700

  11. The Lasting Impact of New Deal • Effects on the Government: • Gave greater role to the federal government and the president to shape the country’s economy. • It had lasting impact on worker’s rights, banking and investment • The following organizations still function: NLRB, FDIC and SEC.

  12. Social and Environmental Impact • The economy became more stable • Social security system became one lasting impact – for the first time the federal government took charge of people’s welfare. • Loans for farmers – Second Agricultural Adjustment Act • TVA helped environment

More Related