Roosevelts First New Deal
-
Upload
kenneth-welch -
Category
Documents
-
view
223 -
download
0
description
Transcript of Roosevelts First New Deal
Roosevelts First New Deal
Lynn Hong and Il-jee Kam Objective number one.Compare and contrast
the first andsecond New Deals and evaluate thesuccess and failure
of the relief,recover, and reform measuresassociated with each. New
Deal Program The Rhetoric of the American Presidency. February 17,
Penn State. December 9,
2008.[http://www.personal.psu.edu/t3b/courses/SpCom597Spring2002/spcom597Cspring2002syllabus.htm]
Franklin D. Roosevelts series of programs tosave American economy
from depression. These series of initiatives imparted much greater
degree ofsecurity, safety, stabilityto american life in all kinds
of sectorsincluding; banking sector investing home building, and
owning,and employment First New Deal (1933-1934) Text book Page.
751: List of Programs
Emergency Banking Act (1933) Federal Deposit Insurance Corporation
(1933) Agricultural Adjustment Administration (1933) Tennessee
Valley Authority (1933) Civil Works Administration (1933) People
outside the bank to withdrawal money
EmergencyBanking Act Gave administration the rightto regulate banks
Bank Holiday- closing everybank in nation for few days toprevent
massivewithdrawals. FDR- To protect the civiliansmoney acbarr7333,
Bank Panic by Amanda Barrett. April 12, People outside the bank to
withdrawal money Federal Deposit Insurance Corporation (FDIC)
kenyee. fdic circle.November 24,2004. Insured individual bank
deposits up to $5,000 Propaganda Protecting and ensuring Bank
deposits... Since the start of the FDIC insurance program, not a
single depositor has lost a single penny of insured deposit from a
bank failure. Our mission to insure and protect is as vital and
relevant today as ever.... rromanchuk. FDIC Propaganda. July 2,
Agricultural Adjustment Administration (AAA)
Paid farmers to reduce crops: funded by a taxon food processors;
later declaredunconstitutional increase purchasing power AAA pays
farmers to reduce crops (wheat, corn etc) and livestock (hogs)
raise farm commodities and wages induce shortage Tennessee Valley
Authority (TVA)
Constructed damns and power plants toimprove social and economic
welfare in theregion Video on Tennessee Valley Authority!Take notes
as you watch! Civil Works Administration (CWA)
Employed jobless people towork on federal, state, andlocal projects
examples*;-road construction and improvements-bridge construction
and maintenance-waterway improvements-play-field and park
improvements-water and sewage pipeline repairs-school maintenance
projects-hospital and nursing activities -airport improvements
temporary jobs. Bridge construction over the Cedar river in
Barneston (March 19, 1934) *Civil Works Administration
Photographs.No date.University of Washington. December 9,
[http://content.lib.washington.edu/civilworksweb/index.html].
Roosevelts Second New Deal
Sarah Lee and Michelle Lim Objective number two.How effective was
the New Dealpolicies and assess their arguments. Outcomes of the
First New Deal Successful Relief Emergency BankingAct & Federal
DepositInsurance Corporation(FDIC): ReestablishedAmerican Faith
inbanks. The CWA: 4 millionworkers employed in and 1934. Successful
but temporary. Failed Recovery AAA: Farmers killed off crops and
livestock toadjust prices in the market. Ignored Starvation:
Unconstitutional Only benefitted large farms Ignored starvation:
Unconstitutional. Quote from:
http://newdeal.feri.org/nation/na34185.htm
Failed Recovery: AAA The contract should have been drawn so that
the benefit payments would have been made directly to landlords and
tenants in proportion to their respective interests in the crop....
Under the 1934 and 1935 contract the landlord has everything to
gain and the cropper everything to lose. Dr. Paul W. Bruton (former
AAA staff) Quote from: Failed Recovery How did only large-land
holding farmers benefit?
Production Cut Sharecroppers Fired Large farmers keep all
government payments Poor farmers even poorer Limited Reform Success
of TVA Dams, power stations
Malaria, illiteracy,soil erosion, livingstandards improved
Published 1938, Mansfield, Ohio News Journal
Published 1936, Kansas City Star Published 1938, Mansfield, Ohio
News Journal Limited Reform Civil Rights: Success and
Failures
African Americans: Discrimination in TVAtowns. American Indians:
Indian Reorganization Act(1934). Protect religious freedom and
tribalproperty Quick Review Program What did it do? Outcomes
Effective?
Emergency Banking Act Bank Holiday American faith in banks restored
Federal Deposit Insurance Corporation Insured bank deposits
Agricultural Adjustment Administration Cut down crops and livestock
to adjust prices Only benefits large farms. Tennessee Valley
Authority Build dams, improve living conditions Improved living
conditions, but private utility companies suffer Civil Works
Administration Provide jobs through federal projects Unemployment
decreases, but only temporarily.