 Define  NRA  NIRA  TVA  CCC  FERA What do they stand for, and what did they do?

Section 2, Chapter 11

 1932 election  Hoover (R) v Roosevelt (D)  Roosevelt won 43 states  Restoring confidence  “nothing to fear but fear itself”  Put people to work  Restore banks

 100 days  Economic laws and programs past in the first 100 days of FDR becoming president The laws become known as “The New Deal” 15 major laws passed  Jobs and Relief  CCC, TVA, NRA, FERA

 Key People and Events  Define Frances Perkins Dust Bowl Fascists Spanish Civil War Ralph Bunche  Look on pages

CCCNRA  Civilian conservation corps  Planted trees  Built hiking trails  Pay Was small but they were working, receiving health care, and getting three meals a day  National Recovery Agency  Provided codes for wages and hours and working conditions  Tried to introduce price control  Discouraged women and child labor in hazardous industries

AAA FERA  Goals  Raise farm prices  Control production  Raise prices  Paid farmers to destroy crops, milk, livestock  Control Production  Paid farmers not to leave land uncultivated  Would pay farmers subsides if prices fell  Later becomes unconstitutional  Federal Emergency Relief Administration  Money to states to help people in need  Had to qualify for money  alleviating household unemployment by creating new unskilled jobs in local and state government

 Best buy makes money Grocer needs more food Farmer makes more food  Best buy hires more people Sells more food, needs more help, hires more people  I buy tv from Best Buy  I buy food  $ to me

 Ford gets more $  Can afford to make more product Ford makes more $  Sells product at a cheaper price  More supplies need to meet demand  More people buy productHire more people  More people can buy cars

 Pretend that you are the president. What theory would you use, bottom up, or trickle down to fix the economy?  x’s on every other line of a sheet of paper front and back  What theory of do you like better? Why? Compare the two theories and talk in detail about why one is better than the other. Make an argument! Neat hand writing, reasonable best effort needed

AAA FERA  Goals  Raise farm prices  Control production  Raise prices  Paid farmers to destroy crops, milk, livestock  Control Production  Paid farmers not to leave land uncultivated  Would pay farmers subsides if prices fell  Later becomes unconstitutional  Federal Emergency Relief Administration  Money to states to help people in need  Had to qualify for money  alleviating household unemployment by creating new unskilled jobs in local and state government

 TVA  Tennessee Valley Authority  Control flooding  Bring electricity to rural Tennessee  Ends serious flooding problems in Tennessee

FDICSEC  Federal Deposit Insurance Corporation  Insured money put into the banks by the government  Still around today  Securities and Exchange Commission  Police force of the stock market  Have the ability to punish dishonest stockbrokers and speculators

 Answer in complete sentences  Page 341, questions 2-5,7 