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Learn how FDR's New Deal in 1932 addressed relief, economic recovery, and financial reform, impacting various groups like women, African Americans, and labor unions. Discover the key legislations, Fireside Chats, and the lasting effects on banking and finance, workers' rights, and social security.
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The New Deal FDR- Franklin Roosevelt
FDR- President in 1932 • “Brain Trust” • Made up of lawyers, professionals, and journalists- worked on programs to alleviate depression • The New Deal • Focuses on three main things • Relief • Economic recovery • Financial reform
The 100 Days Over a hundred day period Congress passed more that 15 major New Deal legislations The Legislation expanded the federal governments role in the nations economy
FDR- Fireside Chats • FDR- had radio chats to let the American people know about issues of public concern to explain to them in clear simple language, what his new deal plans were. • Do you think this helped FDR and the American people?
Result of the 100 days… • Deficit spending- government spending more money than the revenues it receives • Did the New Deal end the depression? • Why didn’t the people blame FDR for ending the depression when they blamed Hoover?
Impact of the New Deal 1937- Congress urged cutting back New Deal Programs the result… • Increase in unemployment • Decrease in industrial production The New Deal and the Depression helped reduce suffering • jobs, food, money • Regain dignity
The New Deal Affects many Groups of the 1930’s • Women • Gains- women were appointed to important federal positions, slight increase in the # of women working outside the home • Problems- discrimination in the workplace, low wages, discriminatory hiring practices
New Deal Affects… • African Americans • Gains- increased political voice through greater access to the president, organizations created for tenant farmers • Problems- Segregation, violence, racism, discrimination in all areas of life, poll tax • Political Realignment- African Americans left the Republican Party for the Democratic Party.
New Deal Affects… • Labor Unions • Gains- better working conditions, increased bargaining power, increase in union membership • Problems- strikes, big business opposition to labor unions
New Deal Under Attack • The American Liberty League • Opposed the New Deal believed that it violated respect for the rights of individuals and property • Charles Couglin • Dr. Francis Townsend • Huey Long
Second New Deal • The second Hundred Days • The first two years of FDR’s presidency the economy had improved…BUT not enough! • Unemployment remained high • Production lagged • More extensive relief was needed for farmers and workers
Protecting Workers Rights • Wagner Act and Fair Labor Standards Act • Set standards for wages, hours, banned child labor, ensured the right of workers to organize and bargain with Employers • TODAYS IMPACT- National Labor Relations Board Act as a mediator in labor disputes between unions and employers
Banking and Finance • Securities and Exchange Commission (SEC) • Monitors the stock market and enforces laws of stocks and bonds • Federal Deposit Insurance Corporations (FDIC) • Savings and protection loss up to $100,000
Social and Environmental Effects • Social Security • Provides insurance program, unemployment compensation, aid to disabled, and families with dependent children * Framers of this Act saw it primarily as a relief bill • Farming • Agricultural price supports