Presentation on theme: "Third New Deal??? By 1939 the New Deal was effectively over. Americans did not want a “Third New Deal” Depression seemed to be easing Problems in Europe."— Presentation transcript:
Third New Deal??? By 1939 the New Deal was effectively over. Americans did not want a “Third New Deal” Depression seemed to be easing Problems in Europe taking center stage FDR did not like deficit spending, which continued expansion of New Deal would require.
Roosevelt’s Recession Recovery from 1933 to 1937 was modest 1937 – severe depression FDR authorizes “planned deficit spending” BLAME: A. Social Security payroll taxes B. Attempts to balance budget ANALYSIS: “deficit spending” of Keynesian economics could have ended depression and recession. US will have to wait for WWII to end it.
WHICH NEW DEAL REFORM OR ACT WAS THE MOST SIGNIFICANT? Social Security TVA FDIC CCC “managed currency” Wagner Act SEC National Labor Relations Board
Which long-term benefit of the New Deal do you think has had the most impact? Why?
New Deal Reforms that Endure Expansion of role of federal government in the economy –FDIC, SEC, deficit spending to spur economy Government protection of workers’ rights –National Labor Relations Board Managing rural economy and production –Parity and price supports, electrification Social Security/Welfare System Conservation of the environment –no more Dust Bowls, TVA, new national parks
Compare and Contrast the presidencies of Herbert Hoover and Franklin Delano Roosevelt Identify and discuss the causes and the effects of the Great Depression on people living in rural and urban areas. Identify the key programs of the New Deal. Discuss which programs were most important, most successful, most controversial and why.