The New Deal

1
The New Deal
2
Quick Review

• Who was elected President in 1932-33?
• Did he have an actual plan to fix the Depression
  when he came into office?
• What was the first thing he did as President? (he
  did it on his second day as President) Why was/is
  restoring confidence in our economic system
  important?
• What was alphabet soup?
• What was the purpose of the New Deal?

3
What was the purpose of the New Deal?

• The purpose of the New Deal was to provide
  immediate relief to Americans in greatest need,
  help the nations recovery by pump priming, and
  reform institutions to make future depressions
  less likely.
• The New Deal attempted to fix the economic,
  political, and social woes of our nation.

4
(No Transcript)
5
(No Transcript)
6
(No Transcript)
7
(No Transcript)
8
(No Transcript)
9
(No Transcript)
10
(No Transcript)
11
(No Transcript)
12
Fix the banks.
13
Fix the stock market..SEC
14
Get people working.WPA
15
(No Transcript)
16
Get young men working..CCC
17
(No Transcript)
18
Fix the farms.AAA
19
Give people a safety net.SSA
20
Provide inexpensive electric..TVA
21
Let workers unionizeWagner Act
22
Was there equality for all guaranteed in the New
Deal?
23
Summary of the New Deal years.

• After Roosevelts initial Hundred Days he did not
  really introduce any more programshe kind of
  just waited to see what the results would be.
• By 1935 not much had changed,the programs were
  moving too slow. RELIEF and RECOVERY alone were
  not getting the job done and Americans were
  getting restless, they needed help. It was at
  this time that Roosevelt kicked it into high gear
  and introduced numerous programs to aim directly
  at helping people get jobs, put money away, and
  bring the standard of living back up in America.
• From 1935 on the New Deal aimed at all three Rs,
  especially REFORM.
•  
• By 1937 the economy had nearly recovered to 1929
  levels. Roosevelt cut back on some programs and
  kept some others but the U.S. would never be the
  same. Free market capitalism was gone and U.S.
  government was now going regulate our economy.
  Unlike the old days, the government was now going
  to take a leading role in organizing and making
  sure our economy continued to grow.that really
  is Roosevelts legacy.

24
Effects of the New Deal

• As you just read, programs were proposed from
  1933-1937. Although things were going well for
  quite some time, a recession hit in late 1937 and
  put a halt to much of the progress made over the
  previous four years. Therefore the government
  decided that they were just going to run with the
  programs they had and not introduce anything new.
  By 1939 FDR actually announced that he would not
  propose any more programs, instead he would be
  concentrate his efforts and time on the growing
  problems in Europe.

25
Immediate Effects of the New Deal

• Banking system was stabilized
• Federal payments help farmers
• Work relief programs provide jobs
• New Deal helps to unify the nation
• Social Security provides a safety net

26
Long Term Effects of the New Deal

• Power of the presidency increases.
• Government takes active role in the economy and
  peoples lives.
• Democrats take control of government for many
  years.
• Wagner Act protects workers and raises the
  standard of living.
• Minorities and women gain positions in government
  although they do not gain many civil rights.
• To pay for the New Deal the government spent more
  money that it was bringing in in taxes. This is
  called deficit spending. FDR raised taxes on the
  rich to extremely high levels to help pay these
  costs.

27
Interesting info from the New Deal era

• ECONOMIC and POLITICAL CHANGES
• As a result of regulating businesses, unions grew
  strong. Workers gained many rights establishing
  fair business practices.
• The 40 hour work week was established.
• Child Labor was abolished.
• Minimum wage was established.
• The Democrats come to control the Presidency for
  the next few decades in American politics.
  (1929-1968)
• FDR is elected 4 times in a row.

28
Interesting info continued

• SOCIAL and CULTURAL CHANGES
• 1933, prohibition was repealed.
• Many African-Americans were excluded from New
  Deal programs even though FDR pushed for
  equality.
• The SSA became a safety net for people. This
  program now accounts for nearly 1/4 of the United
  States yearly budget.
• 1933, FDR signs an executive order requiring
  Americans to turn over their gold to the
  government. U.S. goes on the Gold Standard.
• Mt. Rushmore was completed with the help of the
  WPA
• Empire State building and Hoover Dam was
  completed
• The Star-Spangled Banner became our national
  anthem.
• 1938, Orson Welles makes his famous War of the
  Worlds radio broadcast.

29
FDR QUOTES

• If you treat people right they will treat you
  right - ninety percent of the time.
• Repetition does not transform a lie into a truth.
• Men are not prisoners of fate, but only prisoners
  of their own minds.
• The test of our progress is not whether we add
  more to the abundance of those who have much it
  is whether we provide enough for those who have
  too little.
• When you get to the end of your rope, tie a knot
  and hang on.
• We cannot always build the future for our youth,
  but we can build our youth for the future. 
• The country needs and, unless I mistake its
  temper, the country demands bold, persistent
  experimentation. It is common sense to take a
  method and to try it. If it fails, admit it
  frankly and try another. But above all, try
  something.