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Ch. 22

Ch. 22. The New Deal. 9.7%, August 2009. -FDR elected -Democrat, reformist. Election of 1932. -promised relief -more public works programs. Fdr’s strategy. -cheerful, optimistic, -overcame his own disability -very effective orator fireside chats. FDR as a person.

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Ch. 22

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  1. Ch. 22 The New Deal

  2. 9.7%, August 2009

  3. -FDR elected -Democrat, reformist Election of 1932

  4. -promised relief -more public works programs Fdr’s strategy

  5. -cheerful, optimistic, -overcame his own disability -very effective orator fireside chats FDR as a person

  6. -FDR’s cousin!! -very helpful to FDR -FDR valued her insight -”My Day” Eleanor Roosevelt

  7. -banking system -”bank holiday” -Emergency Banking Act -first fireside chat Fixing banks

  8. -Glass-Steagall Act -FDIC -within 1 month, $1 billion in deposits reenter the banking system More banking reforms

  9. -Roosevelt’s first one hundred days in office -passes 15 major pieces of legislation -aimed at fixing the economy; New Deal The Hundred Days

  10. FDR’s plan to provide: 1.) relief for people 2.) recovery of the economy 3.) reforms that would prevent economic crises in the future FDR’s New Deal

  11. -CCC -Federal Securities Act -AAA -SEC -subsidy -NIRA -TVA -PWA-p.706-707 NEW deal legislation

  12. -Civil Works Administration After the Hundred Days

  13. -most Americans happy with New Deal programs -too much gov’t involvement? -some say President too powerful -too radical/not radical enough -old people?? -Supreme Court Cases Effects/ Resistance to The New Deal

  14. -Election of 1936- FDR wins again -Democrats hold ¾ of seats in Congress -Congress passes laws extending government oversight of the banking industry; raises taxes on the wealthy -WPA second New Deal

  15. -pensions for people 65 & older -old people didn’t have to worry about hunger/$$ -unemployment insurance -did exclude some workers Social Security

  16. -American Federation of Labor (AFL) -Committee for Industrial Organization (CIO) -GM sit-down strike Labor

  17. -asks MI for help -shuts off power/water -police to block food supplies -we give up! GM’s response

  18. -FDR mad that courts had reversed some New Deal plans -asks Congress to reorganize the courts -give the President the power to expand/appoint justices FDR messes with the judges

  19. -Economy still in trouble -Fall 1937- another sharp drop in the Stock Market, jobs lost -FDR has to break with his dream of cutting the deficit -John Maynard Keynes- -1938-economy a little better FDR has to spend $$

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