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Franklin Delano Roosevelt & New Deal

Franklin Delano Roosevelt & New Deal. Bring hope back. 1 st step was to restore public confidence in the nation’s bank (FDIC) 2 nd step providing relief and creating jobs (FERA stemmed into CWA) Industry wide codes (NIRA) Assisting homeowners and farmers AAA, TVA, FHA, HOLC.

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Franklin Delano Roosevelt & New Deal

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  1. Franklin Delano Roosevelt&New Deal

  2. Bring hope back • 1st step was to restore public confidence in the nation’s bank (FDIC) • 2nd step providing relief and creating jobs (FERA stemmed into CWA) • Industry wide codes (NIRA) • Assisting homeowners and farmers • AAA, TVA, FHA, HOLC

  3. New Deal falters • New programs failed to bring about significant economic improvement • People worried that the new programs were giving too much power to the government • Supreme court shot down NIRA, AAA

  4. New Deal take two • Included more: • Social welfare • Stricter controls over business • Stronger support for unions • Higher taxes on the rich

  5. Women and minorities • Men received preference • Women received lower wages • African Americans were kept out of skilled jobs • Social Security Act excluded 2/3 of working African Americans

  6. Critics coming out of the wood work • New Deal does too much (Republicans) • Led by the American Liberty League • Limited individual freedom in an unconstitutional manner • New Deal does not do enough (Progressives & Socialist) • State should take over factories • Create a new economic system

  7. More critics • Father Coughlin • Advocated government take over of private property and banks • Radio broadcast grew reckless • Started to support Hitler & Mussolini • Roman Catholic officials order him to stop • Huey Long • Redistribution of wealth

  8. Recession of 1937 • A period of slow business activity • Unions triumph • New labor organizations (Committee for Industrial Organization) • Sit-down strikes = laborers stop working but refuse to leave the building

  9. 1930s captured in time

  10. Continued

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