Fdr and the new deal
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FDR and the New Deal. Distant cousin to Teddy Roosevelt FDR liked to be in control, had a charming personality, and lots of optimism 1910- elected to NY state Senate 1913- Assistant Secretary of the Navy 1920- Vice President candidate . Roosevelt's Rise to Power. 1921- diagnosed with Polio

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FDR and the New Deal

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FDR and the New Deal


Distant cousin to Teddy Roosevelt

FDR liked to be in control, had a charming personality, and lots of optimism

1910- elected to NY state Senate

1913- Assistant Secretary of the Navy

1920- Vice President candidate

Roosevelt's Rise to Power


  • 1921- diagnosed with Polio

  • Polio slowly paralyzes the person

    • There was no cure

  • FDR refused to give up and began a vigorous exercise program to keep as much muscle control as possible

Polio


  • In the mid 1920s FDR became politically active again

  • 1928 ran for governor of NY

    • Barely won

    • Re-elected by a landslide

  • Used his popularity to get him the Presidential Nomination

Governor


Elected president in 1932 defeating Hoover soundly

Roosevelt’s policies fro ending the Depression became known as the New Deal

President


  • Bank Runs- people running to the bank to close out accounts---causing bank closures

    • Some of the ban runs occurred because people feared that FDR would abandon the gold standard

    • March 1933 4,000 banks had closed, wiping out 9 million accounts

  • Bank Holidays- banks would temporarily close to prevent bank runs

Economic Crisis


Roosevelt’s first 100 days in office

From March 9 – June 16, 1933

FDR sent bill after bill to Congress to try and “fix” the problems

Congress passed 15 Major acts to resolve the economic crisis

Hundred Days


  • March 12, 1933 FDR addressed the nation by radio

    • 60 million people listened to the first of many fireside chats

  • FDR would let the American people know what he was trying to accomplish

Fireside Chats


  • SEC- Securities and Exchange Commission

    • Regulate the stock market and prevent fraud

  • FDIC- Federal Deposit Insurance Corporation

    • Insured money in bank accounts

  • AAA- Agricultural Adjustment Act

    • Pay farmers not to raise certain livestock

New Programs from FDR


  • CCC- Civilian Conservation Corps

    • Gave jobs to unemployed men working planting trees, preventing forest fires, etc.

      • Paid $30 a month, of which $25 was sent directly home to there families

  • WPA- Works Progress Administration

    • Workers built roads, public buildings, parks, bridges, airports

  • FERA-Federal Emergency Relief Administration

    • Sent money to states to fund relief projects

Relief Programs


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