New Deal - Thomasville High School

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Transcript New Deal - Thomasville High School

New Deal
Objective 9.05
Chapters 22.1 and 22.2
Essential Questions?
• How did the role of the US government
change during the 20s and 30s?
• Why did citizens allow the federal government
to increase its power during the Great
Depression and how did it impact the future
of the nation?
FDR Takes Office
• Elected 1932, takes charge in 1933.
• Government has no $, but FDR decides to
stimulate the economy with deficit spending.
• Deficit spending: when a government goes
deeper in debt by spending even more $.
FDR wants to help economy by the federal gov.
spending $.
New Deal Programs
• FDR’s program was called the New Deal.
• Used federal $ to employ many of the jobless
workers.
Civilian Conservation Corps
• CCC: employed young
men who did natural
conservation projects.
• Earned $30 per week,
$25 went home to
wife/mom.
Agricultural Adjustment Act
• AAA: paid farmers to
limit the amount of
food they raised.
• What were the 3 causes
of Great Depression?
• With less production,
the price of food would
go up.
Federal Deposit Insurance Corporation
• One major problem
during the GD was that
banks lost $ people
were saving and they
had no way of paying it
back.
• FDIC: the federal gov.
guarantees savings
accounts up to
$100,000
Securities and Exchange Commission
• SEC: oversees and
regulates the stock
market and prevent
corporate abuse.
National Industrial Recovery Act
• NIRA: Regulates banks,
stimulates economy
• The Supreme Court
ruled the NIRA
unconstitutional.
Public Works Administration
• PWA: employed
workers that created
schools, roads, or other
useful things.
Tennessee Valley Authority
• TVA: employed workers
whom created dams
throughout the Deep
South.
• Gave jobs, created
energy and recreation
areas.
Works Progress Administration
• WPA: largest New Deal
program
• Created numerous
schools, dams, roads,
etc.
• Also employed artists,
authors and singers.
National Labor Relations Act
• Or Wagner Act
• Protects the rights of
workers to unionize,
strike.
Fair Labor Standards Act
• Created a national
minimum wage,
overtime pay and strict
rules on child labor.
Social Security
• Used to encourage
older workers to retire
so that younger workers
could take their jobs.
• Workers pay “taxes”
from their paychecks to
help support retired
workers.
Important People
• Father Charles
Coughlin: opponent of
the New Deal. Used a
weekly radio show to
fight Roosevelt’s
policies.
• Frances Perkins: 1st
female cabinet member
(Sec. of Labor,
Roosevelt)
• Huey Long: Senator for
Louisiana, opponent of
Roosevelt’s New Deal.
Advocated a total
redistribution of wealth.
Planned to run for
president in 1936, but
was assassinated.