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Warm Up Page 73

Warm Up Page 73. Is it better to give a hungry person a fish to eat or to teach them how to fish? Why?. Franklin D. Roosevelt and the New Deal ISN 74. Thursday, September 25, 2014. Objective. To understand FDR’s election to the presidency and his “New Deal” Programs. Essential Question:.

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Warm Up Page 73

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  1. Warm UpPage 73 Is it better to give a hungry person a fish to eat or to teach them how to fish? Why?

  2. Franklin D. Rooseveltand the New DealISN 74 Thursday, September 25, 2014

  3. Objective • To understand FDR’s election to the presidency and his “New Deal” Programs. • Essential Question:

  4. Presidential Election of 1932 • America Elects FDR • “Happy days are here again!” • A “New Deal” • The Toll of the Depression on American Life • 25% Unemployed 1933 • 3.2% Unemployed 1929 • 10 Million Jobs Lost • Relief and Hope for Americans During the Depression • Entertainment, Movies and radio shows

  5. Election to the Presidency

  6. The Rise of FDR • FDR’s Childhood & Early Political Career • Privileged upbringing • Mother taught him to serve the public • From Polio to the Presidency • August 1921 struck by Polio • 10 pound metal braces • Recovered & served as NY Governor • FDR’s Charisma • Warmth & reassuring confidence • “We Americans will rise from destruction; we Americans will conquer despair.”

  7. Early Political Career

  8. The Beginning of the New Deal • 1st 100 days • To execute the New Deal “promptly, fearlessly and generously.” • EBRA & EA • NIRA • Direct Relief for People in Need • FERA • AAA • The TVA Leads New Deal Reform Efforts • Reasons for the New Deal’s Early Success • Bipartisanship • Good Advice • Fireside Chats

  9. Work Programs • The Civilian Conservation Corp • Young Men 17-24 working in National Parks • By 1939 2.5 million men • Modest Gains for Labor • NIRA for workers rights • Fair Labor Standards Act • Eliminated child labor, creates minimum wage, better overtime pay • Minorities still under paid or barred • Praise for the New Deal • ND did have flaws but many were grateful

  10. Outlining the New Deal

  11. Critics of the New Deal • Criticism • African Americans • Tried to please too many people • Too much or too little interference • The American Liberty League • Big Business • “Socialist”

  12. The Legacy of the New Deal • 2nd Hundred Days • $1 Billion into economy • Legacy • Re-shaped the role of the presidency • Federal government grew dramatically • FDR and Eleanor Roosevelt ushered women into influential roles

  13. Assessing the New Deal:Did it Work? • Unemployment Dropped • Business Failures Decreased • Farmers Benefited • Confidence in Banks Increased • Success was Limited • How did we get out of it?????

  14. Great Depression Great Recession Bank Failures 9,096 – 50% Of Banks 47 – 0.5% Of Banks Unemployment Rate 25% 9.7% Economic Decline -26.5% -1.7% Biggest Dow Jones Decline -89.2% -53.8% Change in Prices -25% +0.6% Emergency Spending Programs 1.5% GDP for 1 year 3% of GDP for 2 Years States’ Responses Raise Taxes, Cut Spending Fed. Stimulus Plan

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