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FDR Offers Relief and Recovery

FDR Offers Relief and Recovery. 22.1. Objectives. Analyze the impact Franklin D. Roosevelt had on the American People after becoming President. Describe the programs that were part of the first New Deal and their immediate impact. Identify critical responses to the New Deal. Key Parts.

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FDR Offers Relief and Recovery

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  1. FDR Offers Relief and Recovery 22.1

  2. Objectives • Analyze the impact Franklin D. Roosevelt had on the American People after becoming President. • Describe the programs that were part of the first New Deal and their immediate impact. • Identify critical responses to the New Deal.

  3. Key Parts • Roosevelt Takes Charge • The First Hundred Days Provide Instant Action • Opposition to the New Deal Emerges

  4. Introduction • Read section 22.1 • Answer Critical thinking questions 5&6

  5. Roosevelt Takes Charge • In 1932 Herbert Hoover had almost no chance of winning a reelection as president. • In July of 1932 the relatively unknown governor of New York, Franklin D. Roosevelt accepted the Democratic Party’s nomination for President. • FDR was very well off as a child he never had to endure any of the hardships of the Great Depression, so it was a surprise to many that he was nominated for president.

  6. Cont. • In 1905 FDR married his fifth cousin Eleanor Roosevelt. • Eleanor's Uncle was Theodore Roosevelt who was cousins with FDR. • FDR rose through the political ranks quickly due to his personality and ability to make relations. • In the summer of 1921 he was on vacation and slipped off his boat in to the cold waters of the North Atlantic.

  7. Cont.. • That evening he woke up with a high fever and severe pain down his spine and legs. • Two weeks later he was diagnosed with polio, at this time polio had no treatment. • During the 1932 Presidential election FDR’s platform was the “New Deal” • He used advisors from several different backgrounds to come up with the details of the New Deal. They were called the “Brain Trust”

  8. The First Hundred Days Provide Instant Action • During FDR’s first hundred days in office Roosevelt passed 15 bills. • The New Deal had three goals: relief, recovery, and reform. • Roosevelt wanted to provide relief from the immediate hardships of the depression and achieve a long-term economic recovery, and instituted reforms to prevent future depressions.

  9. Cont. • The day after Roosevelt’s inauguration he called congress into a special session to pass laws to shore up the nation’s banking system. • The Emergency Banking Bill gave the President broad powers, including giving banks a four day holiday to allow them to get their accounts caught up to reopen for business. • FDR would deliver informal speeches over the Radio to keep Americans updated with the changes that were occurring so there would be no confusion. These were called fireside chats.

  10. Cont.. • One of FDR’s acts created the Federal Deposit Insurance Corporation (FDIC). This insured bank deposits up to $5,000. • The following year Congress established the Securities and Exchange Commission (SEC) to regulate the stock market and make it a safer for investments. • These financial reforms helped restore confidence in the economy.

  11. Cont… • Another part of the New Deal was to help farmers with their agricultural needs. • Congress passed the Agricultural Adjustment Act (AAA) which sought to end overproduction and raise crop prices. • Farmers were paid subsidies not to plant part of their land and to kill off excess livestock. • Many Americans did not like this policy, however; by 1934 farm prices began to rise.

  12. Cont…. • To counter the depression’s devastating impact on young men, FDR created the Civilian Conservation Corps (CCC). • The CCC provided jobs for more than 2 million young men. • Congress also passed the CWA for local public work projects to provide jobs.

  13. Cont…. • The centerpiece of the New Deal was the National Industrial Recovery Act (NIRA) • Roosevelt called the NIRA “the most important and far-reaching legislation ever enacted by the American Congress” • This was designed for business leaders and labor leaders and the government to decide upon certain codes and prices for goods to provide consistency in the economy.

  14. Cont….. • The other big part of the New Deal was the Public Works Administration (PWA). • This provided jobs for workers to build bridges, dams, power plants, and government buildings. • The PWA is still responsible for many different important projects today.

  15. Opposition to the New Deal Emerges • The vast majority of Americans agreed with the New Deal but there were some that felt that the government was gaining too much power. • Many believed that the New Deal was destroying free enterprise and undermining individualism. • Some on the other side felt that he wasn’t doing enough.

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