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New Deal

New Deal. Objective 9.05 Chapters 22.1 and 22.2. Essential Questions?. How did the role of the US government change during the 20s and 30s? Why did citizens allow the federal government to increase its power during the Great Depression and how did it impact the future of the nation?.

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New Deal

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  1. New Deal Objective 9.05 Chapters 22.1 and 22.2

  2. Essential Questions? • How did the role of the US government change during the 20s and 30s? • Why did citizens allow the federal government to increase its power during the Great Depression and how did it impact the future of the nation?

  3. FDR Takes Office • Elected 1932, takes charge in 1933. • Government has no $, but FDR decides to stimulate the economy with deficit spending. • Deficit spending: when a government goes deeper in debt by spending even more $. FDR wants to help economy by the federal gov. spending $.

  4. New Deal Programs • FDR’s program was called the New Deal. • Used federal $ to employ many of the jobless workers.

  5. Civilian Conservation Corps • CCC: employed young men who did natural conservation projects. • Earned $30 per week, $25 went home to wife/mom.

  6. Agricultural Adjustment Act • AAA: paid farmers to limit the amount of food they raised. • What were the 3 causes of Great Depression? • With less production, the price of food would go up.

  7. Federal Deposit Insurance Corporation • One major problem during the GD was that banks lost $ people were saving and they had no way of paying it back. • FDIC: the federal gov. guarantees savings accounts up to $100,000

  8. Securities and Exchange Commission • SEC: oversees and regulates the stock market and prevent corporate abuse.

  9. National Industrial Recovery Act • NIRA: Regulates banks, stimulates economy • The Supreme Court ruled the NIRA unconstitutional.

  10. Public Works Administration • PWA: employed workers that created schools, roads, or other useful things.

  11. Tennessee Valley Authority • TVA: employed workers whom created dams throughout the Deep South. • Gave jobs, created energy and recreation areas.

  12. Works Progress Administration • WPA: largest New Deal program • Created numerous schools, dams, roads, etc. • Also employed artists, authors and singers.

  13. National Labor Relations Act • Or Wagner Act • Protects the rights of workers to unionize, strike.

  14. Fair Labor Standards Act • Created a national minimum wage, overtime pay and strict rules on child labor.

  15. Social Security • Used to encourage older workers to retire so that younger workers could take their jobs. • Workers pay “taxes” from their paychecks to help support retired workers.

  16. Important People • Father Charles Coughlin: opponent of the New Deal. Used a weekly radio show to fight Roosevelt’s policies. • Frances Perkins: 1st female cabinet member (Sec. of Labor, Roosevelt) • Huey Long: Senator for Louisiana, opponent of Roosevelt’s New Deal. Advocated a total redistribution of wealth. Planned to run for president in 1936, but was assassinated.

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