roosevelt and the new deal (1933 – 1939) students will analyze new deal organizations and why they...
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Roosevelt and the New Deal(1933 – 1939)
Students will analyze new deal organizations and why they are
beneficial.
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If it’s broke, fix it!!!!!
Bellwork: Describe a situation when you have broken something ( toy, appliance, etc.) and have had to fix it… was it difficult? Why or why not? Did you need help?
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I. The Hundred Days Begins March 9 – June 16 1933 (Hundred Days) Roosevelt sent many bills (the First New
Deal) to congress.
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Roosevelt brought in advisor to help him with the New Deal. Divided the advisors into three groups.
Advisors
“New Nationalism Oppose big business “New Freedom
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1st group – “New Nationalism”
From Theodore Roosevelt and believed gov’t and business should work together to manage the economy.
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2nd Group – opposed big business Wanted gov’t planners to run key
parts of the economy.
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3rd group – “New Freedom” From Woodrow Wilson and felt it
was the government’s responsibility to restore competition to the economy.
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II. Fixing the Banks and the Stock Market
1st job for Roosevelt: restore confidence in the banking system.
Called a national holiday and called congress into special session.
Passed the Emergency Banking Relief Act – required federal examiners to survey the nation’s banks.
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Roosevelt's “fireside chat”
He spoke on the radio directly to the people, he assured Americans that the banks are now secure.
Next day – deposits outweighed the withdrawals, ending the banking crisis.
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Securities and Exchange Commission
(SEC) Created to regulate the stock
market and prevent fraud
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Federal Deposit Insurance Corporation
(FDIC) Provided gov’t insurance for bank
deposits up to a certain amount.
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Agricultural Adjustment Administration (AAA)
Administered the Agricultural Adjustment Act – a plan that paid farmers not to raise certain crops to lower crop production. (large farms profited small farms didn’t)
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Civilian Conservation Corps (CCC)
Gave unemployed men b/w 18 to 25 the oppor. To work with the national forestry service planting trees, fighting fires, and building reservoirs.
Employed 3 million men.
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Federal Emergency Relief Administration (FERA)
Gave money to help state and local agencies fund relief projects.
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Public Works Administration (PWA) Began a series of construction
projects
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Civil Works Administration (CWA) Harry Hopkins hired workers directly and
put them on the government’s payroll. Shut down after how much money was
spent on the program.
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(SEC) (FDIC) (AAA) (NIRC) (NRA) (HOLC) (FCA) (CCC) (FERA) (PWA) (CWA)
First New Deal (Page 687)