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The New Deal

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Deficit Spending act of a government paying out more money than it is taking ... Federal Housing Administration FHA low interest loans for first time home buyers ... – PowerPoint PPT presentation

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Title: The New Deal


1
Chapter 15
  • The New Deal

2
Franklin Delano Roosevelt
  • Compassionate
  • Self-confident
  • Good communication
  • skills
  • Sworn in-March, 1933

3
New Deal
  • FDRs program to end the depression
  • 3 main goals
  • Relief
  • Recovery
  • Reform

4
New Deal
  • Supported by a political coalition that included
  • Rural Democrats
  • Unionized Industrial Workers
  • African Americans

5
New Deal
  • Deficit Spending act of a government paying out
    more money than it is taking in results in debt
  • Pump Priming John Maynard Keynes
  • Hundred Days much activity by the government to
    enact programs FDR wanted
  • Bank Holiday build confidence in the banking
    system

6
RELIEF
  • ALPHABET SOUP
  • Relief programs to create jobs and foster
    regional development
  • Civilian Conservation Corp CCC hired young
    men to plant trees and build roads
  • Increasing consumer purchasing power was a major
    goal of the New Deal

7
New Deal under attack
  • Critics
  • FDR had not done enough to help poor and elderly
  • FDR trying to establish a dictatorship
  • Supreme Court declared National Industrial
    Recover Act and 1st Agricultural Adjustment Act
    unconstitutional

8
Second Hundred Days
  • Eleanor Roosevelt wife of FDR
  • Fought for equality for women and minorities
  • eyes and ears of the president

9
Youth and Professionals
  • Works Progress Administration WPA most
    responsible for putting people to work
  • National Youth Administration NYA aid and
    employment for youth

10
Labor
  • Maximum hours and minimum wage
  • Wagner Act protected workers right to
    collective bargaining
  • Congress of Industrial Organizations CIO
    1930s by Walter Reuther

11
Elderly
  • Social Security economic security for retired
    workers and financial benefits for millions of
    other Americans through unemployment insurance
    and aid to people unable to work
  • Social Security was designed to not only help the
    economy recover but as a reform in the economy
  • WE STILL HAVE THIS PROGRAM!

12
3rd New Deal
  • No too much additional deficit spending
  • Depression not ended by New Deal programs
  • Many people helped

13
New Deal Affects Many Groups
  • Women Frances Perkins Secretary of Labor
    1st female cabinet member

14
  • African- Americans FDR established the Black
    Cabinet to advise him
  • Mary McLeod Bethune - adviser

15
Lasting Impact
  • Federal Deposit Insurance Corporation FDIC
    insure bank deposits
  • Tennessee Valley Authority - TVA control
    flooding on the Tennessee River and produce
    electricity
  • Federal Housing Administration FHA low
    interest loans for first time home buyers
  • Securities and Exchange Commission SEC
    government regulation of stock brokers and stock
    exchange
  • Fair Labor Standards Act minimum wages and
    maximum hours
  • National Labor Relations Act enforce labor laws

16
Society and Culture
  • Movies means of escape
  • Radio popular Orson Wells
  • Literature
  • Richard Wright Native Son
  • John Steinbeck The Grapes of Wrath
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