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How did FDR assist farmers, workers, and homeowners during the first Hundred Days?

How did FDR assist farmers, workers, and homeowners during the first Hundred Days?. By: Becca Gee Caitlin O’Farrell Katya Reshatoff Jenna Hwang . FDR’s Response to the workers, farmers, and homeowners Reforming Banking and Finance - created a bank holiday

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How did FDR assist farmers, workers, and homeowners during the first Hundred Days?

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  1. How did FDR assist farmers, workers, and homeowners during the first Hundred Days? By: Becca Gee Caitlin O’Farrell KatyaReshatoff Jenna Hwang

  2. FDR’s Response to the workers, farmers, and homeowners • Reforming Banking and Finance- created a bank holiday • Emergency Banking Relief Act- authorized Treasury Department to inspect the country’s banks • Fireside Chats- radio talks that Roosevelt gave occasionally about issues of public concern explaining his New Deal • Glass-Steagall Banking Act of 1933- reorganized baking system • Established the Federal Deposit insurance Corporation (FDIC)

  3. Federal Securities Act • Passed in May 1933 • Required corporations to provide complete info on stock offerings • Made them liable for mis-representations • 1st major federal legislation to regulate the offer/sale of securities • Disclose all material info that one would require for potential investment

  4. Securities & Exchange Commission • Passed in June 1934 • Regulated stock market • Prevented people w/ inside info about companies from “rigging” stock market • Annual reports & financial reports required

  5. Agricultural Adjustment Act (AAA) • Raise crop prices by lowering production • Government paid farmers to leave part of their land unseeded • Reduced surplus • Government paid cotton growers $200 million to plow under 10 million acres • Paid hog farmers to slaughter 6 million pigs • Upset many Americans • Many people were going hungry still • More money for farmers

  6. FDR’s Assistance Continued… • Roosevelt est. programs to provide relief… • Civilian Conservation Corps: Young men (18-25) go to work (building railroads, developing parks, etc.) • Paid $30 a mo. (workers only kept $5) • Camps (on Great Plains) provide food/uniforms (per. 8 yrs. 200 mil. Trees planted) • Federal Emergency Relief Administration: Provides relief for needy (food/clothing to unemployed, ill, aged etc.) • (funded w/ $500 mil.) • $250 mil. Raised (1 fed. dollar= 3 state dollars)

  7. Public Works Administration: • (June 1933) Gave $ to states to create jobs • Usedto construct schools/comm. buildings (failed to help unemployment) • Civil Works Administration: (Nov. 1933) Provided 4 mil. jobs immediately • Built 40,000 schools, ½ mil. miles of road, paid over 50,000 teachers salaries

  8. NIRA: TVA: • (Tennessee Valley Authority) • May 18, 1933 • Create prosperity in Tennessee River Valley • Build and repair dams • Thousands of jobs created • Provided flood control, hydroelectric powers, etc. HOLC: • (Home Owners Loan Corporation) • Provided gov. loans to homeowners facing foreclosure FHA: • (Federal Housing Administration) • Created by National Housing Act • Furnish loans for home mortgages and repairs (National Industrial Recovery Act) Created NRA (National Recovery Administration) set fair prices Est. labor standards (hours/child labor) Est. codes Limited production Est. prices Guaranteed workers’ rights (unionize & bargain)

  9. First Hundred Days

  10. Key Terms • National Industrial Recovery Act: • Enabled President/National Recovery Administration to formulate/execute measures for reducing industrial employment • Promoted ind. growth by est. codes of fair practice for individual industries • Civilian Conservation Corps: • Unemployment program est. for young men. • Recruits lived in camps, received $30 a mo. + food /med. care • Projects: planting trees/building flood barriers/fighting forest fires/maintaining forest roads/trails • Employed total of 3 million men during its existence • Agricultural Adjustment Act: • Raised crop prices by lowering prod. (farmers left land unseeded) • Gov. paid cotton growers $200 mil. to plow less than 10 mil. acres of crop • Hog farmers slaughter 6 million pigs • Helped raise farm prices + increased farmers higher salary

  11. Question #1 • When the Roosevelt administration launched into a period of intense activity from March 9 to June 16, 1933 is known as ____________.

  12. Question: • When the Roosevelt administration launched into a period of intense activity from March 9 to June 16, 1933 is known as ____________. Answer:

  13. Question #2 • The CCC (Civilian Conservation Corps) and the TVA (Tennessee Valley Authority) both created what?

  14. Question: Answer: Jobs for the unemployed The CCC (Civilian Conservation Corps) and the TVA ( Tennessee Valley Authority) both created what?

  15. Pictures

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