Chapter 22 The New Deal. FDR 1933: Franklin D. Roosevelt takes office Pledged the “New Deal” ...
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Transcript of Chapter 22 The New Deal. FDR 1933: Franklin D. Roosevelt takes office Pledged the “New Deal” ...
Chapter 22Chapter 22
The New DealThe New Deal
FDRFDR
1933: Franklin D. Roosevelt takes office1933: Franklin D. Roosevelt takes office
Pledged the “New Deal”Pledged the “New Deal”
Bipartisan: took in Bipartisan: took in
Republicans and women Republicans and women
on his Cabinet on his Cabinet
Eleanor RooseveltEleanor Roosevelt
FDR’s wife, very FDR’s wife, very outspoken 1outspoken 1stst lady. lady.
Became the “eyes Became the “eyes and ears” on the and ears” on the United StatesUnited States
First 100 DaysFirst 100 Days
Emergency Banking Bill: banks closed for 4 days Emergency Banking Bill: banks closed for 4 days to get accounts in orderto get accounts in order
Fireside Chats: radio Fireside Chats: radio speeches to the people to speeches to the people to deliver hopedeliver hope
Government ProgramsGovernment Programs
Federal Deposit Insurance Corporation Federal Deposit Insurance Corporation (FDIC): insured banks up to $5,000(FDIC): insured banks up to $5,000
Securities and Exchange Commission Securities and Exchange Commission (SEC): regulate stock market (SEC): regulate stock market
New Deal ProgramsNew Deal Programs
Farmers: Agricultural Adjustment ActFarmers: Agricultural Adjustment Act End overproduction and raise crop pricesEnd overproduction and raise crop prices
Tennessee Valley Authority: built dams to Tennessee Valley Authority: built dams to control floods and generate powercontrol floods and generate power
Civilian Conservation Corps: Civilian Conservation Corps:
gave 2 million young men gave 2 million young men
jobsjobs
New Deal Cont…New Deal Cont…
National Recovery National Recovery Administration: Administration: developed codes of developed codes of fair competitionfair competition Established minimum Established minimum
wage and minimum wage and minimum good pricesgood prices
Public Works Public Works Administration: built Administration: built bridges, dams, power bridges, dams, power plants, and plants, and
government buildingsgovernment buildings
Opposition to FDROpposition to FDR
Huey Long - Huey Long - Senator from Louisiana, who Senator from Louisiana, who opposed Roosevelt. Was considered a serious opposed Roosevelt. Was considered a serious threat to become the next president, but was threat to become the next president, but was assassinated by a lone gunman. “Every Man A assassinated by a lone gunman. “Every Man A King”King”
Republicans said “too much”Republicans said “too much” Government was too powerfulGovernment was too powerful
Socialists said “not enough”Socialists said “not enough”
Second New DealSecond New Deal
Addressed social problemsAddressed social problems Elderly, poor, unemployed, workers, and Elderly, poor, unemployed, workers, and
farmersfarmers
Works Progress AdministrationWorks Progress Administration
Created to distribute $5 billion for new jobsCreated to distribute $5 billion for new jobs Employed 8 million peopleEmployed 8 million people Built 650,000 miles of highwayBuilt 650,000 miles of highway 125,000 buildings125,000 buildings
Deficit Spending spending more money than the government receives in revenue.
Social SecuritySocial Security
Old-age insurance for retirees 65 or older Old-age insurance for retirees 65 or older and their spousesand their spouses
Unemployment CompensationUnemployment Compensation Aid to families with dependent children Aid to families with dependent children
and the disabledand the disabled
FarmersFarmers
Rural Electrification Administration: loaned Rural Electrification Administration: loaned money to build power lines and bring electricity money to build power lines and bring electricity to rural areasto rural areas
Water Projects: irrigation and damsWater Projects: irrigation and dams
Labor RightsLabor Rights Wagner Act – recognized the right of employees to Wagner Act – recognized the right of employees to
join labor unions and gave workers the right to join labor unions and gave workers the right to Collective BargainingCollective Bargaining..
Fair Labor Standards ActFair Labor Standards Act Banned child laborBanned child labor Created minimum wageCreated minimum wage 44 hour work week44 hour work week
Congress of Industrial Organizations (CIO)Congress of Industrial Organizations (CIO) labor unions labor unions Ethnically more diverseEthnically more diverse
Effects of the New DealEffects of the New Deal
Millions employed through programsMillions employed through programs Banking system is stabilizedBanking system is stabilized Stock market regulationsStock market regulations Social insurance for elderly and poorSocial insurance for elderly and poor Farming helpFarming help Government takes more active role in economyGovernment takes more active role in economy Women and African Americans make advances Women and African Americans make advances
Culture of the 1930’sCulture of the 1930’s
Movies and RadioMovies and Radio Swing MusicSwing Music MuralsMurals
LiteratureLiterature Grapes of WrathGrapes of Wrath
Golden Age of HollywoodGolden Age of Hollywood