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R elief To assist distressed persons through direct money payments, jobs, and mortgage loans.

New Deal Goals. R elief To assist distressed persons through direct money payments, jobs, and mortgage loans. R ecovery To lift the nation out of the depression through aid to farmers, businessmen, and workers R eform

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R elief To assist distressed persons through direct money payments, jobs, and mortgage loans.

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  1. New Deal Goals Relief To assist distressed persons through direct money payments, jobs, and mortgage loans. Recovery To lift the nation out of the depression through aid to farmers, businessmen, and workers Reform To eliminate abuses in the economy and to prevent future depressions through protection of bank depositors, investors, consumers, the aged, and the unemployed.

  2. EBA Emergency Banking Act First Hundred Days Gave the president the authority to close banks until the Secretary of the Treasury investigated and then opening them as he saw fit.

  3. AAA Agricultural Adjustment Act First Hundred Days Raised farm prices by curtailing production.

  4. CCC Civilian Conservation Corps First Hundred Days Provided work for the unemployed.

  5. FDCA Food, Drug & Cosmetic Act First Hundred Days Protected customers by proper labeling and advertising.

  6. FCIC Federal Crop Insurance Corporation First Hundred Days Provided inexpensive crop insurance to farmers.

  7. HOLC Home Owners Loan Corporation FDIC Federal Deposit Insurance Corporation First Hundred Days Provided low interest loans to homeowners facing bank failures. Protected depositors in case of bank failures.

  8. WPA Works Progress Administration First Hundred Days Provided jobs to unemployed artists, actors, sculptors, etc.

  9. NIRA National Industrial Recovery Act First Hundred Days Encouraged business recovery with codes of fair competition.

  10. PWA Public Works Administration First Hundred Days Provided work for the unemployed on public projects.

  11. REA Rural Electrification Act First Hundred Days Provided low-cost electricity to farm families.

  12. RTAA Reciprocal Trade Agreements Act First Hundred Days Increased foreign trade with the reciprocal lowering of tariffs.

  13. SEC Securities & Exchange Commission First Hundred Days Protected investors by supervising the issuing of securities and regulating the stock market.

  14. SSA Social Security Act First Hundred Days Protected workers with unemployment and old age insurance.

  15. TVA Tennessee Valley Authority First Hundred Days Improved the economic conditions in the Tennessee Valley through the development of hydroelectric power.

  16. 100% Federal Government Owned 100% self-financing

  17. Pease open to page 541 in your textbook. Complete the map and activity with it! TVA Tennessee Valley Authority

  18. USHA U.S. Housing Authority First Hundred Days Provided loans to local governments for slum clearance and low-cost housing.

  19. FLSA Fair Labor Standards Act First Hundred Days Established the minimum wage and maximum hour law; prohibited child labor.

  20. FERA Federal Emergency Relief Act First Hundred Days Provided grants to states for relief of destitute persons.

  21. After many of Roosevelt’s programs were declared unconstitutional by the Supreme Court, Roosevelt does something real Dumb! He tried to pack the court with liberal justices.

  22. PREVIEW • What are the main goals of the New Deal? • Name at least three programs of the new deal and explain them. • What is FDR’s legacy?

  23. The New Deal Criticized

  24. Life for Blacks • Last in line to be chosen for Jobs • First let go • Uneven amounts of $ for relief given

  25. Second New Deal • 1st New Deal not completely successful • Critics: Focus on Individuals • Works Progress Administration (WPA) • Parks, playgrounds, schools, hospitals • Social Security Administration (SSA) • Old-age pensions, unemployment, dependent children, disability

  26. Criticisms from the Right ... Social Security Act Some people felt that it penalized successful, hardworking people. Others saw it as the first step toward a militaristic and regimented society. They predicted that soon people would have to wear metal “dog tags” with their social security number.

  27. Legacy of the “New Deal” 1. Restored courage and optimism to the people and improved the economic status of most Americans.

  28. Legacy of the “New Deal” 2. Provided work relief, which enabled the unemployed to retain their self-respect and enriched the nation with roads, public buildings, dams, and parks.

  29. Legacy of the “New Deal” 3. Increased government spending, offsetting declines in private spending and helping the economy to recover from the depression.

  30. Legacy of the “New Deal” 4. Reduced unemployment by 5 million and treated the remaining unemployed humanely.

  31. Legacy of the “New Deal” 5. Successfully regulated capitalism and introduced laws of permanent value.

  32. Legacy of the “New Deal” 6.Expanded federal power over our economic system and yet maintained democratic methods and personal freedoms.

  33. Roosevelt would be elected for 4 more terms and lead us through our next national Tragedy.

  34. WWII TO BE COUNTINUED!

  35. The End

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