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FDR Takes Office Chapter 12, Section 1 Coach Presnell.

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Presentation on theme: "FDR Takes Office Chapter 12, Section 1 Coach Presnell."— Presentation transcript:

1 FDR Takes Office Chapter 12, Section 1 Coach Presnell

2 Admin. Issues Homework Due Tuesday Finish FDR Monday Test review Monday Test Tuesday, begin WWII Find a WWII veteran for interview

3 Objectives Following this lesson, you will be able to: –Understand the Roosevelts New Deal and its affects on the US during the Great Depression.

4 TVA DAMS

5 Chapter 12, Section 1 The First New Deal Roosevelts Rise to Power FDR WAS GOVERNOR OF NEW YORK WHEN HE WAS ELECTED PRESIDENT IN 1932, PROMISING A NEW DEAL FOR THE AMERICAN PEOPLE. Page 422

6 Chapter 12, Section 1 The First New Deal FDRs Rise To Power Prominent prior to polio (1920), takes a break during and after By 1928, elected Governor of NY Nominated to run for president on New Deal ideas Wins by a landslide

7 Chapter 12, Section 1 The First New Deal The Hundred Days UPON TAKING OFFICE, FDR LAUNCHED THE NEW DEAL BY SENDING 15 MAJOR PIECES OF LEGISLATION TO CONGRESS. (Page 424)

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9 Chapter 12, Section 1 The First New Deal The First Hundred Days Bank runs increase because the Gold Standard is abandoned. 9 million savings accounts lost! FDR takes office, promises: –Let me assert my firm belief that the only thing we have to fear is fear itself, this nation asks for action, and action now! FDR declares a banking holiday, decides its time for radical action

10 Chapter 12, Section 1 The First New Deal The Hundred Days Between March 9 and June 16, 1933, 15 pieces of legislation passed, a record! FDR purposely picks a divided administration called the Brain Trust.

11 Chapter 12, Section 1 The First New Deal Check On Learning… Why did FDR easily get elected? Why did the abandonment of the Gold Standard cause bank runs? Why did FDR pick a divided administration? What did FDRs administration do during the first 100 days of his presidency?

12 Chapter 12, Section 1 The First New Deal Banks and Debt Relief FDR TOOK STEPS TO STRENGTHEN BANKS AND THE STOCK MARKET AND TO HELP FARMERS AND HOMEOWNERS TO KEEP THEIR PROPERTY. Page 425

13 Chapter 12, Section 1 The First New Deal Banks and Debt Relief FDRs first move, get the banks back! Emergency Banking Relief Act –Investigate banks, issue licenses to sound firms First fireside chat, FDR prompts US to trust banks The next day, deposits far outweigh withdrawals

14 Chapter 12, Section 1 The First New Deal Banks and Debt Relief Next step, shore up banks and stock market –FDIC and SEC Help with personal debt, more disp. inc. –Homeowners Loan Corporation (HOLC) covers 20% of American homes –The Farm Credit Administration (FCA) help millions

15 Chapter 12, Section 1 The First New Deal Check on Learning… What did the Emergency Banking Relief Act do and what were the results? Why was it important to shore up banks and the stock market? What did FDR do to shore up banks and the stock market? What did FDR do to relieve personal debt and why was this important?

16 Chapter 12, Section 1 The First New Deal Farms and Industry NEW DEAL LEGISLATION TRIED TO RAISE CROP PRICES AND STABILIZE INDUSTRY. Page 428

17 Chapter 12, Section 1 The First New Deal Farms and Industry The Agricultural Adjustment Act (AAA) is extremely controversial, but works The National Recovery Administration (NRA) is entirely ineffective, ruled unconstitutional (price setting)

18 Chapter 12, Section 1 The First New Deal Relief Programs PROGRAMS SUCH AS THE CCC, THE PWA, AND THE WPA PROVIDED JOBS FOR SOME UNEMPLOYED WORKERS. Page 430

19 Chapter 12, Section 1 The First New Deal Relief Programs The Civilian Conservation Corps (CCC) is considered the most successful program Public Works Administration (PWA) awards contracts to firms Neither really dent unemployment before winter, 1933 Civil Works Administration does that, but super expensive!

20 Chapter 12, Section 1 The First New Deal Check On Learning… What did the Agricultural Adjustment Act want to do? Did it succeed? What was the point of the Civilian Conservation Corps (CCC)? What did the Public Works Administration (PWA) do? What was the difference in the Civilian Works Administration (CWA) and the PWA?


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