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R elief To assist distressed persons through direct money payments, jobs, and mortgage loans. PowerPoint PPT Presentation


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New Deal Goals. R elief To assist distressed persons through direct money payments, jobs, and mortgage loans. R ecovery To lift the nation out of the depression through aid to farmers, businessmen, and workers R eform

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R elief To assist distressed persons through direct money payments, jobs, and mortgage loans.

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R elief to assist distressed persons through direct money payments jobs and mortgage loans

New Deal

Goals

Relief

To assist distressed persons through direct money payments, jobs, and mortgage loans.

Recovery

To lift the nation out of the depression through aid to farmers, businessmen, and workers

Reform

To eliminate abuses in the economy and to prevent future depressions through protection of bank depositors, investors, consumers, the aged, and the unemployed.


R elief to assist distressed persons through direct money payments jobs and mortgage loans

EBA

Emergency Banking Act

First Hundred Days

Gave the president the authority to close banks until the Secretary of the Treasury investigated and then opening them as he saw fit.


R elief to assist distressed persons through direct money payments jobs and mortgage loans

AAA

Agricultural Adjustment Act

First Hundred Days

Raised farm prices by curtailing production.


R elief to assist distressed persons through direct money payments jobs and mortgage loans

CCC

Civilian Conservation Corps

First Hundred Days

Provided work for the unemployed.


R elief to assist distressed persons through direct money payments jobs and mortgage loans

FDCA

Food, Drug & Cosmetic Act

First Hundred Days

Protected customers by proper labeling and advertising.


R elief to assist distressed persons through direct money payments jobs and mortgage loans

FCIC

Federal Crop

Insurance Corporation

First Hundred Days

Provided inexpensive crop insurance to farmers.


R elief to assist distressed persons through direct money payments jobs and mortgage loans

HOLC

Home Owners

Loan Corporation

FDIC

Federal Deposit Insurance Corporation

First Hundred Days

Provided low interest loans to homeowners facing bank failures.

Protected depositors in case of bank failures.


R elief to assist distressed persons through direct money payments jobs and mortgage loans

WPA

Works Progress Administration

First Hundred Days

Provided jobs to unemployed artists, actors, sculptors, etc.


R elief to assist distressed persons through direct money payments jobs and mortgage loans

NIRA

National Industrial Recovery Act

First Hundred Days

Encouraged business recovery with codes of fair competition.


R elief to assist distressed persons through direct money payments jobs and mortgage loans

PWA

Public Works Administration

First Hundred Days

Provided work for the unemployed on public projects.


R elief to assist distressed persons through direct money payments jobs and mortgage loans

REA

Rural Electrification Act

First Hundred Days

Provided low-cost electricity to farm families.


R elief to assist distressed persons through direct money payments jobs and mortgage loans

RTAA

Reciprocal Trade Agreements Act

First Hundred Days

Increased foreign trade with the reciprocal lowering of tariffs.


R elief to assist distressed persons through direct money payments jobs and mortgage loans

SEC

Securities & Exchange Commission

First Hundred Days

Protected investors by supervising the issuing of securities and regulating the stock market.


R elief to assist distressed persons through direct money payments jobs and mortgage loans

SSA

Social Security Act

First Hundred Days

Protected workers with unemployment and old age insurance.


R elief to assist distressed persons through direct money payments jobs and mortgage loans

TVA

Tennessee Valley Authority

First Hundred Days

Improved the economic conditions in the Tennessee Valley through the development of hydroelectric power.


R elief to assist distressed persons through direct money payments jobs and mortgage loans

100% Federal Government Owned

100% self-financing


R elief to assist distressed persons through direct money payments jobs and mortgage loans

Pease open to page 541 in your textbook.

Complete the map and activity with it!

TVA

Tennessee Valley Authority


R elief to assist distressed persons through direct money payments jobs and mortgage loans

USHA

U.S. Housing Authority

First Hundred Days

Provided loans to local governments for slum clearance and low-cost housing.


R elief to assist distressed persons through direct money payments jobs and mortgage loans

FLSA

Fair Labor Standards Act

First Hundred Days

Established the minimum wage and maximum hour law; prohibited child labor.


R elief to assist distressed persons through direct money payments jobs and mortgage loans

FERA

Federal Emergency Relief Act

First Hundred Days

Provided grants to states for relief of destitute persons.


R elief to assist distressed persons through direct money payments jobs and mortgage loans

After many of Roosevelt’s programs were declared unconstitutional by the Supreme Court,

Roosevelt does something real Dumb!

He tried to pack the court with liberal justices.


Preview

PREVIEW

  • What are the main goals of the New Deal?

  • Name at least three programs of the new deal and explain them.

  • What is FDR’s legacy?


R elief to assist distressed persons through direct money payments jobs and mortgage loans

The New Deal Criticized


R elief to assist distressed persons through direct money payments jobs and mortgage loans

Life for Blacks

  • Last in line to be chosen for Jobs

  • First let go

  • Uneven amounts of $ for relief given


R elief to assist distressed persons through direct money payments jobs and mortgage loans

Second New Deal

  • 1st New Deal not completely successful

  • Critics: Focus on Individuals

    • Works Progress Administration (WPA)

      • Parks, playgrounds, schools, hospitals

    • Social Security Administration (SSA)

      • Old-age pensions, unemployment, dependent children, disability


R elief to assist distressed persons through direct money payments jobs and mortgage loans

Criticisms from the Right ...

Social Security Act

Some people felt that it penalized successful, hardworking people. Others saw it as the first step toward a

militaristic and

regimented

society. They

predicted that

soon people would

have to wear metal

“dog tags” with

their social

security number.


R elief to assist distressed persons through direct money payments jobs and mortgage loans

Legacy of the “New Deal”

1. Restored courage and optimism to the people

and improved the economic status of most

Americans.


R elief to assist distressed persons through direct money payments jobs and mortgage loans

Legacy of the “New Deal”

2. Provided work relief, which enabled the

unemployed to retain their self-respect and

enriched the nation

with roads, public

buildings, dams,

and parks.


R elief to assist distressed persons through direct money payments jobs and mortgage loans

Legacy of the “New Deal”

3. Increased government

spending, offsetting

declines in private

spending and helping

the economy to recover

from the depression.


R elief to assist distressed persons through direct money payments jobs and mortgage loans

Legacy of the “New Deal”

4. Reduced unemployment by 5 million and

treated the remaining unemployed humanely.


R elief to assist distressed persons through direct money payments jobs and mortgage loans

Legacy of the “New Deal”

5. Successfully

regulated

capitalism

and

introduced

laws of

permanent

value.


R elief to assist distressed persons through direct money payments jobs and mortgage loans

Legacy of the “New Deal”

6.Expanded federal power

over our economic

system and yet

maintained democratic

methods and personal

freedoms.


R elief to assist distressed persons through direct money payments jobs and mortgage loans

Roosevelt would be elected for 4 more terms and lead us through our next national Tragedy.


R elief to assist distressed persons through direct money payments jobs and mortgage loans

WWII

TO BE COUNTINUED!


R elief to assist distressed persons through direct money payments jobs and mortgage loans

The End


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