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The Depression

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The Depression

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Dole Camp

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FDR and the New Deal

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Election of 1932

• Republicans: Herbert Hoover• Democrats: Franklin D Roosevelt

Roosevelt Won!

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Brain Trust

• College professors who advised the president

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Bank holiday

• Roosevelt closed all banks for four days to stabilize them

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Fireside chats

• Radio speeches by FDR to reassure the American public

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Agriculture Adjustment Act (AAA)

• Farmers were told to get rid of excess products to raise the price

• They would be paid to do it• The AAA was found to be unconstitutional

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National Recovery Administration (NRA)

• Designed to eliminate “wasteful competition” among firms

• Set maximum hours to be worked and minimum wages

• Declared unconstitutional

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Civilian Conservation Corps (CCC)

• Gave jobs to unemployed young men

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Tennessee Valley Authority (TVA)

• Build dams across the Tennessee River to provide electricity

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Works Progress Administration (WPA)

• Built hospitals, schools, parks, playgrounds and airports

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Social Securities Act

• Offered small monthly payment to the elderly