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Long Term Impacts of the New Deal and Depression.

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Presentation on theme: "Long Term Impacts of the New Deal and Depression."— Presentation transcript:

1 Long Term Impacts of the New Deal and Depression

2 Growth of Government Economic crisis leads to growth of government. – New Deal Programs – Deficit Spending Do you agree with the philosophy of Keynesian Economics? Set precedent of government involvement in economic crisis.

3 Lasting Programs Social Security FDIC SEC TVA FHA NLRB

4 Women and Minorities New Deal programs did not discriminate. Step toward greater equality

5 Growth of Labor Unions FDR is strong supporter of labor Strengthened collective bargaining Increased worker rights

6 The End of the New Deal FDR wanted to limit deficit spending WWII was looming FDR thought country was recovering

7 New Deal: Success? Yes! – Reduced unemployment – Helped farmers – Helped needy – Reformed banking and finance No! – Too much confusion for business growth – Unemployment still high – Real growth not until after WWII


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