Transcript Chapter 23 Roosevelt and the New Deal (1933 – 1939)

Roosevelt and the New
Deal
(1933 – 1939)
Students will analyze new deal organizations
and why they are beneficial.
If it’s broke, fix it!!!!!
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Bellwork: Describe a situation when you
have broken something ( toy, appliance,
etc.) and have had to fix it… was it
difficult? Why or why not? Did you need
help?
I. The Hundred Days Begins
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March 9 – June 16 1933 (Hundred Days)
Roosevelt sent many bills (the First New Deal)
to congress.
Roosevelt brought in advisor to
help him with the New Deal.
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Divided the advisors into three groups.
Advisors
“NewNationalism
Oppose big business
“New Freedom
1st group – “New Nationalism”
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From Theodore Roosevelt and believed gov’t
and business should work together to manage
the economy.
2nd Group – opposed big
business
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Wanted gov’t planners to run key parts
of the economy.
3rd group – “New Freedom”
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From Woodrow Wilson and felt it was
the government’s responsibility to restore
competition to the economy.
II. Fixing the Banks and
the Stock Market
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1st job for Roosevelt: restore confidence in the banking
system.
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Called a national holiday and called congress into special
session.
Passed the Emergency Banking Relief Act – required
federal examiners to survey the nation’s banks.
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Roosevelt's “fireside chat”
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He spoke on the radio directly to the
people, he assured Americans that the
banks are now secure.
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Next day – deposits outweighed the
withdrawals, ending the banking crisis.
Securities and Exchange
Commission (SEC)
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Created to regulate the stock market and
prevent fraud
Federal Deposit Insurance
Corporation (FDIC)
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Provided gov’t insurance for bank
deposits up to a certain amount.
Agricultural Adjustment
Administration (AAA)
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Administered the Agricultural Adjustment Act –
a plan that paid farmers not to raise certain crops to
lower crop production. (large farms profited small
farms didn’t)
Civilian Conservation Corps (CCC)
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Gave unemployed men b/w 18 to 25 the oppor. To
work with the national forestry service planting
trees, fighting fires, and building reservoirs.
Employed 3 million men.
Federal Emergency Relief
Administration (FERA)
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Gave money to help state and local agencies fund
relief projects.
Public Works Administration
(PWA)
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Began a series of construction projects
Civil Works Administration (CWA)
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Harry Hopkins hired workers directly and put
them on the government’s payroll.
Shut down after how much money was spent
on the program.
First New Deal (Page 687)
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(SEC)
(FDIC)
(AAA)
(NIRC)
(NRA)
(HOLC)
(FCA)
(CCC)
(FERA)
(PWA)
(CWA)