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USH. History Ch. 10.

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USH. History Ch. 10.

  1. 1. Roosevelt and the New Deal. Roosevelt takes office-1932. The people are desperate for positive change. They want action by the government. Roosevelt’s New Deal will them what they want!
  2. 3. “…the only thing we have to fear is fear itself….” <ul><li>By the time Roosevelt was inaugurated this was going on: </li></ul><ul><li>Fear that gold standard to be abandoned. </li></ul><ul><li>Huge bank runs. </li></ul><ul><li>4,000 bank failures. </li></ul><ul><li>25 percent unemployment. </li></ul><ul><li>Many states declare Bank Holiday’s. </li></ul>
  3. 4. First Hundred Days-Regulations and “Priming the pump.” <ul><li>Emergency Banking Relief Act-National Bank Holiday. </li></ul><ul><li>Glass-Steagall Act. </li></ul><ul><li>Federal Deposit Insurance Corp.(FDIC.) </li></ul><ul><li>Agricultural Adjustment Act.(AAA.) </li></ul><ul><li>National Recovery Administration. (NRA.) </li></ul><ul><li>Home Owners’ Loan Corp. (HOLC.) </li></ul>
  4. 5. Alphabet Soup Programs Continued…. <ul><li>Farm Credit Administration (FCA.) </li></ul><ul><li>Civilian Conservation Corp. (CCC.) </li></ul><ul><li>Public Works Projects. (PWA.) </li></ul><ul><li>Works Project Administration. (WPA.) </li></ul>
  5. 7. W.P.A. at Work.
  6. 8. Critics of the New Deal. <ul><li>Criticism from the Left and Right wings. </li></ul><ul><li>Conservatives(Right Wing.) felt that Roosevelt’s deficit spending would permanently ruin the country. </li></ul><ul><li>Huey Long and Father Coughin(Left Wing.) called for more government action. </li></ul>
  7. 9. Huey Long.
  8. 10. Launching the Second New Deal. <ul><li>Supreme Court struck down NRA! </li></ul><ul><li>Court packing plan? </li></ul><ul><li>National Labor Relations Act. (NLRB.) </li></ul><ul><li>Wagner Act-Magna Carta of Labor. </li></ul><ul><li>Social Security Act. </li></ul>
  9. 11. Roosevelt’s Recession. 1937. <ul><li>Roosevelt cut back on government spending. </li></ul><ul><li>This pushed U.S.back into economic trouble. </li></ul><ul><li>Roosevelt again had to deficit spend. </li></ul><ul><li>John Maynard Keynes. </li></ul>
  10. 12. Last of the New Deal Reforms <ul><li>National Housing Act. Helped poor people get housing. </li></ul><ul><li>Farm Security Administration. Gave loans to tenant farmers to buy land. </li></ul><ul><li>Fair Labor Standards Act. 40 hour work week and abolished child labor. </li></ul>
  11. 13. Federal Governments New Role. <ul><li>Broker State: Mediating conflicts between special interest groups. </li></ul><ul><li>There is now a “Safety net” to protect Americans from bad times. </li></ul>

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