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The New Deal

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The New Deal - PowerPoint PPT Presentation


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The New Deal. FDR’s New Deal. Sweeps elections; 23M to 16M Senate Dems take 2/3 majority House—3/4 seats. “Brain Trust” forms New Deal GOALS: Relief for needy Economic recovery Financial reform. The First 100 Days. March through June, 1933 15 key pieces of New Deal Legislation

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FDR’s New Deal
  • Sweeps elections; 23M to 16M
  • Senate Dems take 2/3 majority
  • House—3/4 seats
  • “Brain Trust” forms New Deal
    • GOALS:
    • Relief for needy
    • Economic recovery
    • Financial reform

The First 100 Days

  • March through June, 1933
  • 15 key pieces of New Deal Legislation
    • Inspire confidence in US economic system
      • Fireside Chats
    • Reform economy, especially banking and agriculture
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The First 100 Days
  • Banking Industry
  • Establishes bank holiday—Emergency Banking Relief Act
  • Glass-Steagall Act and the FDIC
  • Federal Securities Act
  • Securities Exchange Commission
  • 21st Amendment repeals Prohibition
  • Agriculture
  • Agricultural Adjustment Act
  • Tennessee Valley Authority
  • Federal Securities Act
  • Civilian Conservation Corps
  • Work Projects and Civilian Relief
  • National Industrial Recovery Act—Public Works Administration
  • Civil Works Administration
  • Federal Securities Act
  • Securities Exchange Commission
  • 21st Amendment repeals Prohibition
  • Home Owners Loan Corp.; National Housing Act—Federal Housing Administration
  • Federal Emergency Relief Administration
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The Second 100 Days
  • 1936 elections = vote of confidence
    • Gains support of Labor and African-Americans
  • Agriculture
  • AAA evolves—Soil Conservation and Domestic Allotment Act
  • 1938: Second AAA
  • Farm Security Administration: tenant farmers
  • Work Projects Administration
  • 1935-1943: $11B on jobs for 8M
  • Federal Arts Project
  • Combines necessary infrastructure with dignity of work
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