December 11, 2018 Modern Issues in the U.S. Agenda:

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Presentation transcript:

December 11, 2018 Modern Issues in the U.S. Agenda: DO NOW: Term Matching NOTES #21: How has the U.S. government historically attempted to help the U.S. economy? (Part 1) CLASS ASSIGNMENT: “New Deal Programs and Evaluating the New Deal”

How has the U. S. government historically attempted to help the U. S How has the U.S. government historically attempted to help the U.S. economy (Part 1)? Notes #21

In 1932, Franklin D. Roosevelt was elected president, after promising government intervention to solve the Great Depression.

Roosevelt’s plan was called the New Deal, which changed the U. S Roosevelt’s plan was called the New Deal, which changed the U.S. economy by increasing government involvement in business and labor.

Popular New Deal programs included:

Civilian Conservation Corps Works Progress Administration 1. Civilian Conservation Corps and Works Progress Administration: provided jobs for unemployed workers. Civilian Conservation Corps (CCC) (1933) Works Progress Administration (WPA) (1935) 6

Agricultural Adjustment Act 2. Agricultural Adjustment Act: paid farmers to take land out of production. Agricultural Adjustment Act (AAA) (1933)

National Labor Relations 3. National Labor Relations Act (Wagner Act): legalized collective bargaining for labor unions. National Labor Relations Act (1935)

Federal Deposit Insurance Corporation 4. Federal Deposit Insurance Corporation (FDIC): insured savings accounts in banks. Federal Deposit Insurance Corporation (FDIC) (1933)

Securities and Exchange 5. Securities and Exchange Commission (SEC): regulated stock market activities. Securities and Exchange Commission (SEC) (1934)

Roosevelt’s fireside chats The creation of the FDIC and the SEC attempted to restore public confidence in financial institutions. Roosevelt’s fireside chats

Through the New Deal, a safety net was established to protect the poor. . .

Father Charles Coughlin . . . however, many critics of the New Deal argued that it made Americans too dependent on the U.S. government and endangered capitalism. Social Security Act (1935) Father Charles Coughlin