Franklin Roosevelt

1
Franklin Roosevelts New Deal

• The only thing we have to fear is Fear itself.

2
FDR Building Confidence

• Needed to build trust with the people after the
  Hoover administration
• Decided to use the Radio Fireside Chats
• People now felt that the president worked for
  them

3
FDRs New Deal Programs

• New Deal what he called his ideas to get the
  U.S. out of the Depression
• New Deal Programs focused on one or more of the
  following
• Fixing the banks
• Creating more relief
• Helping farmers
• Reducing unemployment/creating jobs
• Stabilizing the Stock Market

4
FDIC

• Federal Deposit Insurance Corporation
• The Federal Government would now insure banks
• If the bank failed, you would get any money that
  you had in that bank back (up to 5,000).
• The program is still in use today (now the
  insured limit is 250,000).

5
AAA

• Agricultural Adjustment Act
• Gave loans to farmers and controlled production
  trying to fix the problem of oversupply
• Paid farmers to grow less crops and raise less
  animals and sometimes to plow over crops and
  destroy (kill) livestock

6
WPA

• Works Projects (Progress) Administration
• Federal government created new jobs with
  construction projects. Building or repairing
  roads, bridges, dams, public buildings, etc.
• Also, under the Federal Art Project, paid local
  artists to produce works for public display

7
FMMA

• Farm Mortgage Moratorium Act
• Prevented banks from foreclosing on struggling
  farms for 5 years. Gives farmers more time to
  pay their debts, and lowered the interest they
  owed on the land.

8
FERA

• Federal Emergency Relief Administration
• The federal government gave money to states for
  relief (most individual states ran out of relief
  money).

9
FHA

• Federal Housing Administration
• Creates stable bank loans to build more houses.
  Because they are insured by the Federal
  Government, it was easier for borrowers to get
  loans, and many times at a lowered interest rate.

10
SSA

• Social Security Act
• Created retirement money for the old aged
• Also gave money to the unemployed and the disabled

11
SEC

• Securities and Exchange Commission
• Supervise the stock market ensure that the
  operations are legal and responsible

12
NRA

• National Recovery Administration
• Developed codes for industry that set prices,
  wages, work hours, and ended child labor.
• Following the codes was voluntary, but those that
  did could display a blue eagle and consumers were
  encouraged to only buy from companies that
  displayed the blue eagle.

13
CCC

• Civilian Conservation Corps
• Labor camps for young men. Would work on
  conservation projects reforestation, fighting
  forest fires, digging ditches.
• Was a large presence of CCC in Northern Minnesota

14
FLSA

• Fair Labor Standards Act
• Establish minimum working conditions (law)
• Eliminate Child Labor
• Set a minimum wage
• Set a maximum number of hours for a work week

15
NLRA

• National Labor Relations Act
• Allowed workers to unite and collectively bargain
  (join unions). These unions would be able to
  argue with their employers for better working
  conditions.

16
N.D. Programs Did they work??

• Mixed Results
• Crop prices did rise for farmers, but the AAA was
  seen as wasteful by many
• Unemployment was unchanged by the New Deal
  Programs
• Banks were recovering and peoples faith in them
  was restored
• Social Security did give people, especially the
  elderly, more money to survive
• Programs like FDIC, FHA, SEC, SSA are still
  around today
• Working rights and conditions set by FLSA, NLRA,
  NRA are still practiced today

17
What is the message in this cartoon?