The Great Depression

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The Great Depression

• Relief and Recovery

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I. Initial Popularity of Franklin D. Roosevelt

• 1. People were desperate
• a. 13 million unemployed
• b. Failing banks
• -mass withdrawal of
• c. Dust Bowl
• 2. Likeable personality
• a. Overcame Polio
• b. Winning smile
• c. Amazing speaker
• -fireside chats
• -radio speeches to encourage Americans
• Americans will have a New Deal

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II. The Hundred Days (1st Hundred Days as
President)

• 1. Three Parts of the New Deal
• a. Relief
• b. Recovery
• c. Reform
• 2. The Brain Trust
• a. Professionals to problem-solve
• -Its common senseto take a method and
• try it. If it fails, admit it
  frankly and try
• another. But above all, try
  something
• b. Bank holiday
• -close unstable banks

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III. Relief to the Jobless

• Priming the Pump
• 1. Congress 1/2 Billion for relief
• a. Public Works Administration (PWA)
• -major public projects
• -R.R., roads, dams
• -unsuccessful - planning
• b. Works Progress Administration (WPA)
• -better planning for PWA
• c. Civilian Conservation Corps (CCC)
• -get young men off streets
• d. Tennessee Valley Authority (TVA)

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IV. Encouragement for Business

• 1. Trade Agreements Act (TAA)
• a. Cut tariffs if other countries
• buy from U.S.
• -increase foreign trade
• 2. National Recovery Administration (NRA)
• a. Stop monopolies
• b. Boost competition
• c. Lower prices
• -increase consumer spending
• -boost economy
• d. Improve working conditions
• e. Failure - Unconstitutional - socialist

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V. Help for Farmers

• 1. Agricultural Adjustment Administration (AAA)
• a. Decrease production
• -distribute surplus (extra) to needy
• b. Increase crop prices

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VI. Criticism of the New Deal

• List some possible reasons why many Americans
  opposed the policies of the New Deal. Be ready
  to discuss these criticisms.