on the sidewalk by the denton courthouse. credit: nicholas henderson, fiickr
TRANSCRIPT
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On the sidewalk by the Denton Courthouse.Cred i t : N icho las Henderson , F I i ck r
![Page 2: On the sidewalk by the Denton Courthouse. Credit: Nicholas Henderson, FIickr](https://reader036.vdocument.in/reader036/viewer/2022062516/56649e555503460f94b4c883/html5/thumbnails/2.jpg)
THE NEW DEAL!
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By 1933, Great Depression at its worst Peak unemployment (over 20%)
Thousands of bank failures
Millions homeless Tons of economic
problems happening all at once
THINGS GET WORSE
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President Franklin Delano Roosevelt inaugurated on March 4, 1933
Next day, FDR declares a bank holiday: all banks close so they can figure out what works & what doesn’t
FDR
“The only thing we have to fear is fear
itself”
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Economic government programs created by FDR & Congress, 1933 to 1938
Goals = 3 Rs:Relief: immediate help for unemployed & poor
Recovery: get the economy back to normalReform: fix the financial system to avoid future depressions
Try a lot of things and see what worksMany still around today (FDIC, Social
Security)
THE NEW DEAL
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NEW DEALPOSTERS
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Works Progress Administration
WHAT MESSAGE DOES THIS SEND?
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Civi l ian Conservation Corps
WHAT MESSAGE DOES THIS SEND?
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Click icon to add picture
Federal Art Project
WHAT MESSAGE DOES THIS SEND?
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National Youth Administration
WHAT MESSAGE DOES THIS SEND?
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Left:Rural Electr ifi cation Administration
Right: Federal Art Project (part of WPA)
WHAT MESSAGE DOES THIS SEND?