Alphabet SoupAlphabet Soup

The New Deal AAA

FERA

TVA

Franklin Delano RooseveltFranklin Delano Roosevelt

Elected President in 1932Elected President in 1932 Promised the American people a Promised the American people a

New DealNew Deal Called Congress into emergency Called Congress into emergency

session in March, 1933session in March, 1933

The New The New Deal Deal soughtsoughtrelief for relief for the needy,the needy, economic economic recovery,recovery,and reform and reform of of AmericanAmericancapitalism.capitalism.

The New Deal was a revolution in The New Deal was a revolution in the American way of life.the American way of life.

The result was “Alphabet The result was “Alphabet Soup”,Soup”,

new federal agencies, some new federal agencies, some successful, some not! successful, some not!

Major New Deal Acts and Major New Deal Acts and AgenciesAgencies

CCC *CCC *

AAA *AAA *

TVA *TVA *

FDIC *FDIC *

FERA *FERA *

NRA *NRA *

SSASSA

FSAFSA

NLRBNLRB

SECSEC

WPAWPA

FHAFHA*Created in the first hundred days

Civilian Conservation Civilian Conservation CorpsCorps

The CCC gave twenty-five The CCC gave twenty-five million young men work in million young men work in environmental improvement environmental improvement projects.projects.

CCC boys arrive at Idaho

Agricultural Agricultural Adjustment ActAdjustment Act

AAAAAAGave farmers money to make up Gave farmers money to make up for the government’s request that for the government’s request that they bring fewer crops to market.they bring fewer crops to market.

Tennessee Valley Tennessee Valley AuthorityAuthority

The TVA provided funds to develop the The TVA provided funds to develop the Tennessee River Valley and fostered Tennessee River Valley and fostered rural electrification.rural electrification.

Federal Deposit Federal Deposit Insurance Insurance

CorporationCorporation

The FDIC was designed to The FDIC was designed to protect savings that were protect savings that were deposited in private bank deposited in private bank accounts in the event of bank accounts in the event of bank failures.failures.

Federal Emergency Federal Emergency Relief AdministrationRelief Administration

The FERA provided funds for The FERA provided funds for local and state relief local and state relief organizations to disburse to organizations to disburse to the unemployed.the unemployed.

National Recovery National Recovery AdministrationAdministration

The NRA created work codes and industrial The NRA created work codes and industrial safety regulations while attempting to set safety regulations while attempting to set minimum prices and wages which business minimum prices and wages which business owners would not undercut.owners would not undercut.

Social Security ActSocial Security Act

It gave benefits to the elderly, It gave benefits to the elderly, the orphaned, and to people the orphaned, and to people injured in industrial accidents.injured in industrial accidents.

Farm Security Farm Security AdministrationAdministration

The FSA lent money to The FSA lent money to sharecroppers and tenant sharecroppers and tenant farmers to help them buy their farmers to help them buy their own land.own land.

A FSA Migrant Camp and a migrant family.

National Labor National Labor Relations Board Relations Board

The NLRB guaranteed workers The NLRB guaranteed workers the right to join labor unions the right to join labor unions and call strikes.and call strikes.

Securities and Securities and Exchange Exchange

CommissionCommissionThe SEC regulated the Stock The SEC regulated the Stock Market.Market.

Works Progress Works Progress AdministrationAdministration

The WPA provided government funds for The WPA provided government funds for constructing public buildings, roads, constructing public buildings, roads, bridges, and even hiring writers and bridges, and even hiring writers and artists.artists.

Federal Housing Federal Housing AdministrationAdministration

The FHA was created to The FHA was created to stimulate the building stimulate the building industry by providing small industry by providing small loans for home construction.loans for home construction.

“This is pre-eminently the time to speak the truth, the whole truth, frankly and boldly. Nor need we shrink from facing conditions in our country today. This great nation will endure as it has endured, will revive and will prosper.

So first of all let me assert my firm belief that the only thing we have to fear is fear itself-nameless, unreasoning, unjustified terror which paralyzes needed efforts to convert retreat into advance.”

FDR First Inaugural Address

March 4, 1933

FDR’s New Deal marked a turning point in America. It was a revolutionary transformation of the federal government from a body with limited impact on the average person into a machine that left few Americans untouched.