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Franklin Delano Roosevelt

Franklin Delano Roosevelt. 32 nd President March 4, 1933 – April 12, 1945. 1932 Elections. What is the mood of the people of the United States?. 1932 Election Results. 1933 Inauguration. “We have nothing to fear but fear itself”. John Maynard Keynes. British economist

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Franklin Delano Roosevelt

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  1. Franklin Delano Roosevelt 32nd President March 4, 1933 – April 12, 1945

  2. 1932 Elections What is the mood of the people of the United States?

  3. 1932 Election Results

  4. 1933 Inauguration “We have nothing to fear but fear itself”

  5. John Maynard Keynes • British economist • Worked with British government to address Depression in Great Britain • Radical ideas regarding role of government in economy

  6. Keynesian Economic Theory • A circular flow of money: when spending increases in an economy, earnings also increase, which can lead to even more spending and earnings • “Prime the pump”: Keynes argued that government should step in to increase spending, either by increasing the money supply or by actually buying things itself • Against the practice of too much saving and not enough consumption, or spending, in an economy

  7. “The Engine which drives Enterprise is not Thrift, but Profit” - JMK

  8. Thrift leads to collapse of economy

  9. Reading Activity • Predatory Reading! • Read topic sentences and last sentence in paragraphs • Search for key words • Two Readings from 1932: • FDR Speech and JMK Article

  10. Key Words • Government • Business • Gold Standard • Debt

  11. “First 100 Days” What did he accomplish?

  12. Eleanor Roosevelt

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