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The New Deal

The New Deal. Franklin Delano Roosevelt (FDR) Elected in 1932 Promised a “New Deal ”… RELIEF, RECOVERY and REFORM. 1 st 100 Days. The First 100 Days The “Bank Holiday” Closed all banks for a holiday Only let the “sound banks” re-open Restored people’s confidence in banks

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The New Deal

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  1. The New Deal

  2. Franklin Delano Roosevelt (FDR) • Elected in 1932 • Promised a “New Deal”… RELIEF, RECOVERY and REFORM

  3. 1st 100 Days • The First 100 Days • The “Bank Holiday” • Closed all banks for a holiday • Only let the “sound banks” re-open • Restored people’s confidence in banks • Established the Federal Deposit Insurance Corporation (FDIC) to insure people’s investments

  4. The First New Deal – Relief and Recovery • Formed the Federal Emergency Relief Administration (FERA) • The Civilian Conservation Corp (CCC) put young men to work maintaining forests, beaches and parks • The Public Works Administration (PWA) launched public projects such as building dams, bridges, etc. • The Securities and Exchange Commission (SEC) was developed to regulate the stock market

  5. The Tennessee Valley Authority (TVA) created jobs for farmers and provided electricity to the area • The Agricultural Adjustment Administration (AAA) raised farm prices and lowered production • The Supreme Court eventually ruled the PWA and AAA Unconstitutional

  6. The Second New Deal - Reform • The Works Progress Administration (WPA) improved playgrounds, schools and hospitals • The Farms Securities Administration (FSA) gave money to farmers and helped migrant workers • The National Labor Relations Act (NLRA), also called the Wagner Act, legalized collective bargaining and “closed shops” • The Social Security Act (SSA) gave pensions to the elderly, disabled and unemployed

  7. Criticism of FDR • Packing the Supreme Court • Wanted to fill the court with more people favorable to his New Deal • Tried (unsuccessfully) to increase the court from 9 Justices to 14 • Too much federal power • Welfare state • Eleanor Roosevelt • Changed the role of the First Lady • Helped FDR • Traveled for her husband • Reported conditions to FDR • Openly advised FDR • Held press conferences

  8. http://www.history.com/shows/america-the-story-of-us/videos/fdr-a-voice-of-hopehttp://www.history.com/shows/america-the-story-of-us/videos/fdr-a-voice-of-hope • http://www.history.com/videos/the-new-deal • http://www.history.com/videos/fdr-delivers-first-fireside-chat

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