Last Days of the New Deal Chapter 16.3

The Recession of 1937 New Deal was no for the Great Depression In 1937, a recession happened when and fell. There was also reduced FDR begins to cut back on New Deal spending because he was worried about the With his many programs, he had to and that did not equal what the government was taking in with He borrowed mass amounts of money –$21 billion in 1933 His advisors him to still spend on the WPA and other programs, but hard times still lasted in the miracle cure employment levels production consumer spending rising national debt. borrow money taxes. $43 billion in 1940 convinced 40’s

The New Deal and Unions New labor organizations form together for more clout, so the AFL-CIO is formed. The New Deal acts like the Wagner Act helped –Showed and strikes with government support. protect unions. increased membership

Strikes Successful strikes –Sit-down strikes where workers refuse to leave which prevents – GM strike in where GM closed off access to starve them out as well as the heat. –Women/wives stepped up and the public and ways to deliver food. Not all were successful. There was also violence in many strikes from both sides. Some companies refused to Ultimately the Supreme Court sit down strikes because they were not negotiations. scab workers Flint, Michigan informed organized negotiate. outlawed encouraging

Effects on Culture FDR during these hard times by using WPA money to fund things like community symphonies, painting murals, and writing slave narratives for Radio and Movies –Radio was a major form of entertainment with –Movies were an escape from the hard times with a concentration on films –Wizard of Oz, Snow White and the Seven Dwarfs Literature –Grapes of Wrath, Their Eyes Were Watching God supports the arts unemployed artists. daytime dramas optimistic

Lasting New Deal Achievements The biggest achievement was in America to survive even the hard times. It is important to note that the New Deal did not end the Great Depression, but only showed improvements in the economy. It is really that will bring us out entirely. Some agencies are still around today like –Social Security provides help to –Tennessee Valley Authority and hydraulic power stations are still there –FDIC still protects accounts up to –Securities and Exchange Commission still regulates the market restoring hope short term World War II retired and disabled dams $250,000 stock