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FDR and the New Deal. The first 100 days… 1.Bank Holiday! 1.Bank Holiday! - no more withdrawals 2.Emergency Banking Relief Act 2.Emergency Banking Relief.

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Presentation on theme: "FDR and the New Deal. The first 100 days… 1.Bank Holiday! 1.Bank Holiday! - no more withdrawals 2.Emergency Banking Relief Act 2.Emergency Banking Relief."— Presentation transcript:

1 FDR and the New Deal

2 The first 100 days… 1.Bank Holiday! 1.Bank Holiday! - no more withdrawals 2.Emergency Banking Relief Act 2.Emergency Banking Relief Act – only good banks can reopen, bad banks get help 3.Glass- Steagall Banking Act of 1933FDIC 3.Glass- Steagall Banking Act of 1933 – creates FDIC “When you deposit money in a bank, the bank does not put your money in a vault. It invests your money….A comparatively small part of the money you put into the bank is kept in currency – an amount which in normal times is wholly sufficient to cover the cash needs of the ordinary citizen.” - FDR

3 Regulating the stock market Federal Securities Act – creates SEC

4 Programs to help American people… Alphabet Soup…

5 AAA

6 CCC

7 FERA

8 NRA “The national recovery Administration [was] created in response to an overwhelming demand from many quarters that certain elements in the making of industrial policy….should no longer be left to the market place and the price mechanism but should be placed in the hands of administrative bodies….”

9 New Deal Attacked! Supreme Court starts declaring acts unconstitutional –AAA is killed – agriculture is a local matter not federal… –FDR responds with Court-packing bill – bill shot down by congress

10 Politicians speak out…

11 FDR re-elected “Are you better off than you were four years ago?”

12 WPA b/t 1935 and 1943 employed more than 8 million Constructed/repaired 651,000 miles of roads Built 850 airports Built 110,000 libraries, schools, and hospitals

13 President fails to support Civil Rights New Deal programs heavily favor whites…

14 Lasting effects: Deficit spending… National Labor Relations Board (created under Wagner Act) Social Security SEC and FDIC

15 Understanding the New Deal through political cartoons.. For each cartoon, write a one sentence synopsis of the historical moment/issue it is describing. When you have finished, you should be able to read your cartoon sentences as a storybook about FDR’s New Deal and the Great Depression – Give your “story” a fitting and creative title.


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