unit #8 presidential responses to the great depression€¦ · the new deal (1933-1935) 1. save the...
TRANSCRIPT
Unit #8Presidential Responsesto the Great Depression
LESSON #8-7FDR’s New Deal
p. 251-254
YESTERDAY’S LESSONLESSON #8-6 FDR’s Rise to power
(3/15)
VOCABULARY 8:6
248
Polio (in relation to FDR)
250
Gold Standard
Bank holiday
Ideology
Hundred Days
ESSENTIAL QUESTIONS
19. Why did FDR win so big?
20. What are three issues FDR faced as the new President?
LESSON #8-7 FDR’s New Deal(3/16)
VOCABULARY 8:7
Fireside chats (251)
Glass-Steagall Banking Act
Securities Act
Securities and Exch. Comm (SEC)
FDIC
Home Owners’ Loan Corp. (HOL)
Agricultural Adjustment Admin (AAA)
Civil Conservation Corps (CCC)(253)
Shelter Belt
Public Works Administration (PWA)
Civil Works Administration (CWA)
ESSENTIAL QUESTIONS
21. What did it seem FDR was providing for Americans that had not in the past?
22. What was his way of providing hope?
LESSON #8-7 FDR’s New Deal(3/16)
VOCABULARY 8:7
Fireside chats (251)
Glass-Steagall Banking Act
Securities Act
Securities and Exch. Comm (SEC)
FDIC
Home Owners’ Loan Corp. (HOL)
Agricultural Adjustment Admin (AAA)
Civil Conservation Corps (CCC)(253)
Shelter Belt
Public Works Administration (PWA)
Civil Works Administration (CWA)
ESSENTIAL QUESTIONS
21. What did it seem FDR was providing for Americans that had not in the past?
22. What was his way of providing hope?
FDR’s Response
Intro thoughts
What were some adjectives that describe FDR?
What do you think will change in American because of FDR?
FDR’s Response
Intro thoughts
What were some adjectives that describe FDR?
What do you think will change in American because of FDR?
FDR’s Response
Intro thoughts
Pick the top three problems FDR must solve…
Main Notes
FDR’s Presidency responds
What was FDR’s 3 part goal?
• Relief
• Recovery
• Reform
What was FDR’s 3 part goal?
• Relief
• Recovery
• Reform
• People needed to trust again
• People needed to work again
• People needed to invest again
The New Deal (1933-1935)1. Save the banks (RELIEF)
a. FDIC – insure the banksb. Fireside Chats – reassure Americans every weekc. Get $$ back into circulationd. Provide affordable loans to homeowners and farms
2. Get Americans Working (RECOVERY)a. The “alphabet soup” of new agencies
• PWA, CCC, CWA
b. Get Americans jobs
3. Regulate investments (REFORM)a. Glass-Steagall Banking Act – separate savings banks
from investing companiesb. Securities and Exchange Commission (SEC) – prevent
fraud in the stock market
https://www.youtube.com/watch?v=WvcWeNf9g6A
https://www.youtube.com/watch?v=4n6rQ8-GSz4
24m summary
The New Deal – 3m description
The Banks
• Why did the banks need saving?
• What is the real goal here?
Almost all banks had failed.
Get $$ back into circulation
Fireside Chats• What were two reasons FDR did this?
• When the government does NOT do stuff like this, what does it appear the government is doing?
Reassure Americans
Provide updates
Being secretive.
Getting $$ into circulation
• Why had people been hoarding their $$ at home, and not in banks or spending?
• Why is it better for everyone if they keep their $$ moving?
Protecting their $$
• Companies make $$• Employment stabilizes
The “Alphabet Soup” agencies• Collectively, is the purpose of the PWA, CCC, CWA?
• Why will this be GOOD for Americans?
• Why will this be BAD for America, over time?
Get people working
Puts $$ into circulationEconomy more stable
Dependency on Government for jobs
Investment Reform• What was the greatest weakness that caused the Stock
Market to crash?
• What is needed to be put in place to prevent another crash of the Stock Market?
• What (collectively) is the purpose of Glass-Steagall Banking Act and Securities and Exchange Commission
Speculation – risky investing
Regulation
Avoid another stock market crash
