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This chapter explores the New Deal, a series of programs implemented by President Franklin D. Roosevelt in response to the Great Depression. After blaming former President Hoover for inadequate action, FDR quickly enacted over 15 major pieces of legislation in his first Hundred Days, focusing on banking reforms, job creation, and social welfare. Key elements include bank holidays, fireside chats, and new securities regulations. Eleanor Roosevelt played a crucial role in advocating for women's rights and minority welfare, showcasing a transformative approach to addressing the nation's economic crisis.
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Journal • What Great Depression photograph impacted you the most? Why?
Cesar Chavez Groups • 1. Adriana, Christian I, Anastasia, Diego • 2. Keone, Bre’Ahna, Chuy, Deyanira • 3. Joel, Taylor, Allie, Christian U • 4. Cristina, Morgan, Gisela, Sam Smith, • 5. Dalena, Virinya, Dijon, Sam Spencer • 6. Carolina, Brianna, Stuart, Armando • 7. Yessenia, Ginger, Jena, Pedro • 8. Emily, Brian, Tyanah, Analy • 9. Benjamin, Jessica, Daisy
Section 1: A New Deal Fights Depression • Franklin Delano Roosevelt (FDR) wins 1932 election • Hoover is blamed for doing too little about depression • New Deal - A set of policies for his new administration designed to solve the problems of the Great Depression • Hundred Days – March – June 1933 – Congress passes more than 15 major pieces of New Deal Legislation
Americans Get a New Deal • Eleanor Roosevelt, FDR’s wife, is concerned with child welfare, housing reforms, equal rights for women and minorities
Americans Get a New Deal • Americans lose faith in banking and finance • FDR declares a bank holiday and closes all banks one day after taking office • To prevent further withdraws • Emergency Banking Relief Act allows all banks to be inspected by the Treasury Department • Loans provided for some • Those unable to pay debts remained closed
Americans Get a New Deal • Fireside chats – radio talks about issues the public is concerned with • Explains New Deal programs in simple language • Tells public to trust govt. and support the banking system
Americans Get a New Deal • Glass-Steagall Act (1933) – federal insurance for individual bank accounts • Federal Securities Act – corporations have to provide complete information on stocks • Securities and Exchange Commission (SEC) – regulate the stock market and limit inside information • 21st Amendment (1933) – repeals prohibition and tax put on alcohol