HOOVER vs. FDR What should/can the President do??

Slides:



Advertisements
Similar presentations
Hoover Struggles with the Great Depression
Advertisements

Franklin Delano Roosevelt The New Deal
Instructions Pick up a Google Chromebook Log in: use your full login – Go to my website (Great Depression)
Hoover vs. FDR: A Difference in Ideology. Herbert Hoover’s ideology Economics Laissez-faire approach Economy works itself out “rugged individualism” Government.
“We are closer to the end of poverty than at any point in our history”
Bellringer 12/16 Credit lead to an unnatural demand for goods. This resulted in _____production. What were bank “runs”? How did buying on margin help lead.
 Big Win  Promised continued prosperity  Popular with both parties  Weakness----  Timing!!!!! (Crash of ‘29)
Questions to Consider FDR & THE NEW DEAL (1)Which important qualities of leadership did FDR possess? (2)What was FDR’s approach to fighting the Depression?
Boom Roaring Twenties –Materialism –Spending –Prosperous.
THE GREAT DEPRESSION Causes of the Depression Hoover’s Actions FDR Elected in 1932 First Hundred Days.
Hoover, The Crash, and FDR Zisk US History 1920s begin...
Alphabet Soup The New Deal AAA FERA TVA. Franklin Delano Roosevelt Elected President in 1932 Elected President in 1932 Promised the American people a.
Causes of the Great Depression  Overproduction & Underconsumption  Overexpansion of credit  Uneven distribution of income  Speculation in stock market.
In what ways did President Franklin Roosevelt’s “New Deal” provide
Learning Target: #1 What caused the Great Depression? What steps were taken by the federal government (congress, president Hoover and FD Roosevelt) to.
Terms for 11/13 New Deal = Roosevelt’s policies to pull USA out of depression Hundred Days = FDR’s first 100 days in office. Passed 15 major Acts to resolve.
Hoover Struggles with the Depression. Hoover’s Beliefs Role of Government: – Encourage voluntary cooperation to solve problems – Limited involvement –
10/15 Bellringer 5+ sentences! The 1920s seemed prosperous for most Americans. Many borrowed money to invest in the stock market or to buy new items on.
HOLT, RINEHART AND WINSTON The American Nation HOLT 1 Governor Franklin Roosevelt of New York won the presidential Election of 1932 with 23 million votes.
FDR’s First New Deal Programs and the Dust Bowl. This is preeminently the time to speak the truth,, frankly and boldly. Nor need we shrink from honestly.
The Response to the Economic Collapse
Good Morning, Please pick up the handout on the table QUIZ WEDNESDAY ON THE CAUSES OF THE GREAT DEPRESSION.
Hoover’s Reaction. Election of 1928 Hoover wins Hoover is confident it is a time of prosperity.
The New Deal FDR’s Alphabet Soup. Focus Question “Let me assert my firm belief that the only thing we need to fear is fear itself – nameless, unreasoning,
Roosevelt and the New Deal The First 100 Days Roosevelt said.. This great nation will endure as it has endured, will revive and will prosper. So, first.
Unit 3 Lesson 7 Sections 22.4 FDR & The 1932 Election.
Hoover’s response to the depression
FDR Offers Relief and Recovery : Analyze the effects of and the controversies arising from the New Deal econ policies and the expanded role of the.
Finally Friday, Jan. 23, 2015 Turn your homework into the basket Take your seat Take out your notebook Open to notes “FRD Offers Relief and Recovery” Precious.
The Election of 1932 Voluntary Action Fails Hoover believed that voluntary action by U.S. businesses was the best way to end the economic crisis. – Business.
NOTES: FDR AND THE NEW DEAL. How to Deal with the Depression  First, trickle down economics  Help the businesses and they will in turn hire more people.
Do Now: How does the economic cycle work? UNIT 11 THE DEPRESSION.
Bell Work: Confidence How important is confidence to the health of the economy? Explain.
Question: How did people address the problems of the Great Depression?
Herbert Hoover’s Presidency
American History Chapter 15: Crash and Depression
Hoover’s Response to the Great Depression
Hoover’s Response to the Great Depression Failed
Chapter 14 The Great Depression
How do you become a Supreme Court Justice?
Chapter Notes.
Ch The First New Deal.
President Hoover’s Reaction to Great Depression
The Great Depression And the New Deal.
The New Deal.
ROOSEVELT THE NEW DEAL.
Tens of thousands of businesses failed and unemployment rose to 25%
FDR and the New Deal.
The Great Depression & The New Deal
The New Deal 1933 to 1938.
Hoover v. FDR Differences in Policy.
The Government’s Response to the Great Depression
ROOSEVELT THE NEW DEAL.
FDR v. Hoover Aim: How did Herbert Hoover’s plan to solve the problems of the Great Depression differ from FDR’s plan?
Warm Up # 35 As we watch an excerpt from President Trumps speech write down examples of … Protecting and preserving liberty Protecting and preserving.
Ch. 15 section 4 Hoover (R) v. Roosevelt (D)
A New Deal Fights the Depression
The Coming of the Great Crash
Ch. 15 section 4 Hoover (R) v. Roosevelt (D)
Herbert Hoover “Rugged Individualism” American economy can fix itself
AP US History FDR & his New Deal.
“Rugged Individualism”
Election of 1932 Hoover v. FDR.
Ch. 12 Sec. 1 & 2 FDR and His New Deal
Tens of thousands of businesses failed and unemployment rose to 25%
The Great Depression and the New Deal
The New Deal.
Relief, Recovery, Reform
FDR and his “New Deal” Essential Question:
The Depression and FDR Chapter 25 The Depression and FDR
Presentation transcript:

HOOVER vs. FDR What should/can the President do??

Role of Federal Gov’t BEFORE Great Depression? Laissez-faire Capitalism EARLY in the Depression? People did not have much contact with fed. gov’t No gov’t programs in place to address large scale economic crisis

Hoover vs. FDR Education/Career Gov’t roles Education/Career Stanford/Engineer Gov’t roles WWI food in US/relief in Eur 1921-28: Sec. of Commerce 1928: President In ‘28 campaign: "We in America today are nearer to the final triumph over poverty than ever before in the history of any land." Education/Career Harvard/Columbia Law Lawyer Gov’t roles NYS Senate Asst. Sec of Navy, WW 1928-32: Gov of NYS 1932: President

Hoover vs. FDR Initial reaction to Depression: Optimistic Expected quick recovery People should not suffer, but opposed federal relief VOLUNTARY, PRIVATE & LOCAL Asked businesses to pledge to not cut wages or production Suggested cities/towns launch bldg projects to create jobs Initial reaction to Depression, before Pres.: NYS provide public works jobs to support jobless “Brain Trust” of advisors “Economics of scarcity”: cut production to raise prices Like Hoover, supported balanced budget (gov’t does not spend more than it has)

Hoover Programs see Hoover’s Response hwk Did put some federal programs in place: Agricultural Marketing Act Effective? Reconstruction Finance Corporation, 1932 Emergency Relief Act, Jul 1932

Evidence Hoover’s effort insufficient? see Hoover’s Response hwk Wages dropping Unemployment up Little money “trickles down”

Evidence Hoover’s effort insufficient? see Hoover’s Response hwk Public resentment Too little, too late? Hoover = scapegoat?

Evidence Hoover’s effort insufficient? see Hoover’s Response hwk

FDR wins 42 of 48 States

FDR “This great Nation will endure as it has endured, will revive and will prosper. So, first of all, let me assert my firm belief that the only thing we have to fear is fear itself—nameless, unreasoning, unjustified terror which paralyzes needed efforts to convert retreat into advance.” -Inaugural Address, March 4, 1933  

NEW DEAL March 9-June 16, 1933 1st New Deal: FIRST 100 Days 3Rs FDR proposed 15 bills All passed with only minor changes 3Rs 2nd New Deal began 1935

FDR: “Brain Trust” Advisors ECONOMICS of SCARCITY Strategy: Cut production to raise prices PRIMING THE PUMP Strategy: Gov’t deficit spending