1 / 17

ROOSEVELT AND THE NEW DEAL

ROOSEVELT AND THE NEW DEAL. Chapter 10. FDR….1 st president to serve more than 2 terms! . Section 1: The First New Deal. Polio Democrat In 1928, ran for governor of NY…won reelection In 1933, became president. 100 Days. Unemployment continued to rise during the GD.

diata
Télécharger la présentation

ROOSEVELT AND THE NEW DEAL

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. ROOSEVELT AND THE NEW DEAL Chapter 10

  2. FDR….1st president to serve more than 2 terms!

  3. Section 1: The First New Deal • Polio • Democrat • In 1928, ran for governor of NY…won reelection • In 1933, became president

  4. 100 Days • Unemployment continued to rise during the GD. • Americans feared he would abandoned the gold standard and reduce the value of the dollar • U.S. would have to stop exchanging dollar for gold. • Many decided to take the money out of the bank and convert it to gold. • Across the country many people stood in lines to withdraw their money • By 1933, 4,000 banks collapsed…in 38 states governors declared bank holidays (closing the banks before bank ran out of business)

  5. The New Deal Begins • Roosevelt wanted to end the GD; however, had no idea how to end this period… • He depended on his advisers…(cabinet members) • He passed 15 acts to congress for approval…. This became known as New Deal. • On March 12, Roosevelt addressed the nation by radio….60 million people listened to his first of many ‘fireside chats” • He encourage people to have money in bank, the next days banks opened and people deposit their money back

  6. FDIC and SECMortgage and Debt Relief • Security and Exchange Commission (SEC)- created to regulate stock market fraud. • Federal Deposit Insurance Corporation (FDIC)- provide government insurance for bank deposit. • Home Owner’s Loan Corporation- helped those who were late in their mortgage. • Farm Credit- help farmers to stay out of bankruptcy

  7. Relief Programs • Civilian Conservation Corps (CCC)- offered unemployment young men 18-25 to work on forestry; such as planting trees, fighting forest fires…. • To prevent Dust Bowl planters planted about 200 million trees from north TX to North Dakota. • The CCC lasted until 1942 putting about 3 million people back to work.

  8. Relief Programs • After the CCC, Congress established the Public Works Administration (PWA), employed people to build school., highways…. • However, this did not reduce unemployment and the Civil Works Administration (CWA), was created to employed about 4 million people including 300,000 women….. Built/ improve 1,0000 airports, 40,0000 schools,3,500 playgrounds/parks…

  9. Success of the First New Deal • 1st New deal did not restored prosperity but in fact improve the economy…many people stayed at their farms/ homes

  10. Section 2 The Second New Deal • Pre. Roosevelt was very popular during the first two years in office • His program created about 2 million new jobs but more than 10 million workers remain unemployed. • Roosevelt started deficit spending, he abandoned a balanced budget and began borrowing money for his programs. • However, he improved schools, colleges, hospitals, bridged….these improvements made him popular…..however he became corrupted.

  11. WPA • 2nd New Deal: • WPA employed 8.5 million workers • One of the programs under WPA, Federal Number One financed artists, musicians, theaters people and writers to create murals, sculptures for public b buildings….

  12. Wagner Act • National Labor Relations Act (Wagner Act)- guaranteed workers the right to unionize and bargain collectively. • Also established the National labor Relations Board to determine if workers wanted to form and union. • Under this act, sit-down strikes, employers stopped work inside the factory and refused to leave.

  13. Social Security • SS act, provided some financial security for older Americans, unemployed workers, and others. • Monthly retirement benefit people collected at the age of 65.

  14. Section 3 the New Deal Coalition • In 1936, many people had jobs, houses, paid mortgages due to the New Deal Programs  • Women and African Americans had much more support thanks to the Eleanor Roosevelt. • Election of 1936 • Republicans nominated Alfred Landon (Arkansas Gov) • Roosevelt won more than 60 percent • However, the Supreme Court saw the New Deal programs different and declared…Agricultural Adjustment Act unconstitutional. • In response, Pres. Roosevelt passed a bill in Congress to increase the # of justices. • Court-packing plan- the act of a leader to change the political balance of power in a nation’s judiciary system by appointing judges who will rule in favor of his or her policies.

  15. Roosevelt LandonElection of 1936

  16. Last New Deal Programs… • National Housing Act-established the US Housing Authority , this organization received about $500 million to builder to construct low cost housing. • Fair Labor Standards Act, abolished child labor, limited the workweek to 44 hrs, and set the first federal minimum wage at 0.25 cents an hr. • By 1939, New Deal programs came to an end. • New Deal did not end the Depression but did give Americans stronger sense of security and stability. • New Deal established broker state, in which government works out conflicts among different interests.

More Related