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FDR and the New Deal: Overcoming the Great Depression

Explore Franklin D. Roosevelt's presidency & the impactful New Deal programs during the Great Depression, assessing their success & legacy.

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FDR and the New Deal: Overcoming the Great Depression

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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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