The New Deal (for red book)
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Brief summaries of FDR's New Deal and Second New Deal to go along with the Guided Readings for The Americans (Red Book)
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The New Deal (for red book)
- 1. THE NEW DEAL
- 2. A NEW DEAL FIGHTS THE DEPRESSION The Americans, Chapter 23.1
- 3. KEY IDEA President Roosevelt takes many actions to combat the Depression. Turn the above statement into a question: What actions did Roosevelt take to combat the Depression?
- 5. EMERGENCY BANKING RELIEF ACT (EBRA) Immediate Purpose • authorized the Treasury Department to inspect banks • banks that were bankrupt, remained closed, others could reopen • banks that needed help received loans
- 6. EMERGENCY BANKING RELIEF ACT (EBRA) Long-Term Goal • to restore public confidence in the banks
- 7. GLASS-STEAGALL BANKING ACT OF 1933 Immediate Purpose • establish the FDIC • Federal Deposit Insurance Corporation • if a bank went bankrupt, customers were insured up $5,000 per account • the entire banking system was reorganized to be more accountable to the government and the public
- 8. GLASS-STEAGALL BANKING ACT OF 1933 Long-Term Goal • To restore public confidence in the banks
- 9. FEDERAL SECURITIES ACT Immediate Purpose • required corporations to provide complete information on all stock offerings • made corporation liable for all misrepresentations (or lies) • created the Securities and Exchange Commission (SEC) to regulate the stock market
- 10. FEDERAL SECURITIES ACT Long-Term Goal • to prevent people with inside information about corporations from “rigging” the stock market
- 11. NATIONAL INDUSTRIAL RECOVERY ACT (NIRA) Immediate Purpose • created many organizations and government programs to assist businesses and workers • froze prices to protect business from losing money (which would make them lay off workers) • establish standards (minimum rules) for how businesses could treat labor
- 12. NATIONAL INDUSTRIAL RECOVERY ACT (NIRA) Long-Term Goal • ensure fair business practices • to promote industrial growth
- 13. AGRICULTURAL ADJUSTMENT ACT (AAA) Immediate Purpose • paid farmers to lower production Long-Term Goal • to raise crop prices (and thus, farmers income)
- 14. TENNESSEE VALLEY AUTHORITY (TVA) Immediate Purpose • build and repair dams and other projects in the Tennessee Valley Long-Term Goal • to create economic prosperity in the impoverished Tennessee Valley
- 15. CIVILIAN CONSERVATION CORPS (CCC) Immediate Purpose • put young men to work • build roads • conservation of natural resources and national parks Long-Term Goal • reduce unemployment • prevent another Dust Bowl
- 16. FEDERAL EMERGENCY RELIEF ADMINISTRATION (FERA) Immediate Purpose • provided food and clothing to the needy • provided money for work relief – helped states create projects to create jobs Long-Term Goal • to provide for basic needs of the people hit hardest by the Depression • give people the means to earn a living themselves
- 17. PUBLIC WORKS ADMINISTRATION (PWA) Immediate Purpose • provided money to the states to create jobs Long-Term Goal • to reduce unemployment
- 18. CIVIL WORKS ADMINISTRATION (CWA) Immediate Purpose • provided 4,000,000 jobs immediately when the PWA proved unsuccessful Long-Term Goal • to reduce unemployment
- 19. HOME OWNERS LOAN CORPORATION (HOLC) Immediate Purpose • provided government loans to homeowners who faced foreclosure Long-Term Goal • to help families keep their homes
- 20. THE SECOND NEW DEAL TAKES HOLD The Americans, Chapter 23.2
- 21. PROBLEMS FACED • soil depletion • inability to buy land • squalid housing • dust storms • debt • bank foreclosures • lack of electricity LAWS & AGENCIES CREATED • Soil Conservation and Domestic Allotment Act • Resettlement Administration • Farm Security Administration • Farm Mortgage Moratorium • Rural Electrification Administration • Public Utilities Holding Company Act FARMERS, MIGRANT WORKERS, AND OTHERS LIVING IN RURAL AREAS
- 22. PROBLEMS FACED • unemployment • poverty • hopelessness • loss of dignity • lack of spending money LAWS & AGENCIES CREATED • Works Progress Administration • National Youth Administration STUDENTS AND OTHER YOUNG PEOPLE
- 23. PROBLEMS FACED • unemployment • poverty • hopelessness • loss of dignity LAWS & AGENCIES CREATED • Works Progress Administration TEACHERS, WRITERS, ARTISTS, AND OTHER PROFESSIONALS
- 24. PROBLEMS FACED • unemployment • poverty • hopelessness • loss of dignity LAWS & AGENCIES CREATED • Works Progress Administration • National Youth Administration • Wagner Act (National Labor Relations Act) • National Labor Relations Board • Fair Labor Standards Act • Social Security Act ALL WORKERS, INCLUDING THE UNEMPLOYED
- 25. PROBLEMS FACED • hopelessness • loss of dignity LAWS & AGENCIES CREATED • Social Security Act RETIRED WORKERS
- 26. PROBLEMS FACED • hopelessness • loss of dignity LAWS & AGENCIES CREATED • Social Security Act THE DISABLED, THE NEEDY ELDERLY, AND DEPENDENT MOTHERS AND CHILDREN
- 27. DESCRIBE HOW ELEANOR ROOSEVELT CONTRIBUTED TO THE NATION’S RECOVERY FROM THE DEPRESSION. To help the nation recover from the Depression, Eleanor Roosevelt • traveled the country to observe social conditions • helped to shape New Deal policies • prodded her husband to appoint women to government positions • was a great advocate for poor people, women, and minorities