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Note Page 38“The New Deal”
US History
By Morgan J. Burris Lexington Middle School
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Election of 1932-Franklin Roosevelt
Governor of NY
Attitude of “Can-Do”
instead of “Do-Nothing”
-Pledged a New Deal for the people
1. Relief for the needy
2. Economic recovery
3. Financial Reform
Hoover remain a lame duck or several months
Banking system was in a crisis, production fell, economy worsened
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“Only Thing To Fear”
-1932 Inauguration Speech
“The only thing we have to fear, is fear itself”
-Public Relations - excellent in promising reform/relief
-Fireside Chats: these were given nightly/weekly by FDR, described his programs & gave progress reports on economy
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A Call to Action
-Progressive programs
Experiment with solutions
-Group Effort
Eleanor Roosevelt - wife
Brain Trust = select group of advisors: professors, lawyers, and journalists
-1st 100 Days: period after inauguration from March 9- June 16 1933
- Congress passed 15 major pieces of New Deal Legislation
- All greatly expanded the federal government’s role in the economy!!!***********
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First New Deal
- Designed for recovery and relief
- Deficit spending- putting the nation in debt in order to spend it on programs that helped the nation
-pump priming
-Bank Holiday- closed all banks to prevent future withdraws – all those that were safe were allowed to reopen- increased confidence in nation’s banks
-FDIC= insured deposits
-SEC= regulate stock market
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Alphabet Soup
-FDIC
Federal Depositors Insurance Corporation - Insured individual bank accounts less than $5,000
-SEC
Securities and Exchange Commission
Oversee Stock Market’s Activity
-PWA
Public Works Administration
Created jobs on govt. projects
-CWA
Civil Works Administration
Provided work in federal jobs
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Alphabet Soup
-TVA
Tennessee Valley Authority
Built dams providing jobs and electric power to region
-CCC
Civilian Conservation Corp
Young men to work building roads, parks, planted trees, STATE PARKS
-AAA
Agricultural Adjustment Act
Raise crop prices by lowering production
CCC built thousands of roads and trails in our nation parks, but esp.
helped NC – Blue Ridge Parkway!
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National Recovery Administration= (NRA)
Set prices on many products to ensure fair competition
- Competing business leaders would meet to set standards on wages, prices, and no child labor
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Dust Bowl
-great drought had hit the lower plains
-mid 1930’s wind storms started
-farms destroyed
-many people migrate to the west
migrant farm workers
“Okies”- nickname of migrants
-”Grapes of Wrath”
John Steinbeck- wrote book about migrants who took Route 66 to California
The Grapes of Wrath????A Little Comic Relief……
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Not Enough Help
-By 1935 the economy has still not recovered
-there is enough relief to keep people from starving
-some people start to demand more action
Photo’s here are from the book:Long Time Coming
Photographic Portrait Of America: 1935-1943Michael Lesy, Editor (Norton)
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Note Page 38The New Deal
THE END
By Morgan J. Burris Lexington Middle School
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