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Published byAbner Glenn Modified over 8 years ago
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FDR’s Presidency
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About Me: 32 nd President of the United States Democratic Party Came from wealth Governor of New York Political and leadership experience 1921 contracted Polio and would eventually leave him paralyzed Inaugurated March 4 th, 1933 Assured Americans that they had nothing to fear
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Bank Holiday March 6 th, 1933: FDR enacted a four day Bank Holiday, where all banks in America were shut down or closed Closed all banks to prevent American’s from taking more money from the banking system Emergency Banking Act Gave FDR and Treasury Dept the power to allow only banks that were in good shape to reopen and provided assistance to the others Banks reopened and Americans deposited more than they withdrew ending the banking crisis
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Fireside Chat An informal radio show hosted by FDR to keep the American people informed about the problems facing America and FDR’s plan to combat them. These radio shows were informal, friendly, and easily understandable to the average American “My friends…” Revolutionized the way Presidents interact and talk to the public; dominated the media 1 st fireside chat: March 12 th, 1933
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Hundred Days March 9 th 1933: FDR immediately begins working on solutions to the Great Depression FDR and Congress passed 15 bills in this time period Formed the basis for the New Deal Tightened bank regulations, set up depositor insurance, created Public Works projects, created job opportunities, provided relief to farmers, ended prohibition, and got rid of the gold standard All aimed to achieve 3 main goals or 3 R’s Relief, Recovery, and Reform
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FDR’s 3 R’s: 1.Relief: provide temporary aid to the poor and unemployed CCC and WPA set up Public Works Projects and jobs Social Security Act 2.Recovery: help industries and businesses bounce back and to help stimulate the economy AAA and NIRA, which created the NRA 3.Reform: change how government works to prevent this crisis from ever happening again FDIC and SEC
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New Deal FDR’s liberal agenda to create Federal programs and organizations to help Americans and the economy recover from the depression, as well as change how government regulates the economy First New Deal: starts with the Hundred Days (1933) Aimed at getting people back to work and regulating the banking system Second New Deal: 1935 Social Security Act: provided workers with unemployment insurance and retirement benefits Again aimed to help create jobs and it also protected and gave laborers more rights
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New Deal Programs Federal Emergency Relief Administration (FERA) Public Works Administration (PWA) Agricultural Adjustment Administration (AAA) Tennessee Valley Authority (TVA) Civilian Conservation Corps (CCC) Federal Deposit Insurance Corporation (FDIC) National Recovery Administration (NRA) Works Progress Administration (WPA) National Youth Administration (NYA) Wagner Act Social Security Act
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