1. FDR and the New Deal

2. Learning Points
How did the New Deal change the role of the government?
What did the New Deal do?
How did FDR’s plan differ from Hoover’s plan?

3. Election of 1932

4. Franklin Delano Roosevelt

5. Roosevelt’s First Inaugural speech
“The is preeminently the time to speak the truth, the whole truth, frankly and boldly. Nor need we shrink from honestly facing conditions in our country today. The 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.” -FDR, First Inaugural Address, March 4, 1933

6. FDR’s New Deal
FDR’s plan to fix the nation’s problems during the Great Depression was known as the New Deal
Plan was to focus on relief, recovery, and reform

7. First 100 days
His plan involved much government spending to create jobs to improve the economy
Passed a total of 15 bills
Deficit Spending- Spending more money than the government is bringing in

8. New Deal Programs: Alphabet Soup
Roosevelt passed many programs to help banks, help stocks, and create jobs for the unemployed
TVA FDIC
CCC SEC
AAA HOLC
FERA FCA
PWA NIRA
NRA CWA

9. FDIC and SEC
Federal Deposit Insurance Corporation (FDIC)- insured bank deposits up to $5,000
Intended to prevent banks from failing
Securities and Exchange Commission- regulate stock market to make investments safer

10. CCC and AAA
Civilian Conservation Corps- created over 2 million jobs to help replant forests, fight fires, and dig ditches
Agricultural Adjustment Act- Helped raise farm prices to support farmers

11. TVA and PWA Tennessee Valley Authority and Public Works Administration
Created to generate electric power by building dams, bridges, and power plants
Created jobs

12. NRA
National Recovery Administration- increase wages for workers to help the economy
FDR called it the “most important and far-reaching legislation ever enacted by the American Congress”

13. Fireside Chats
Roosevelt communicated his ideas directly and compassionately to the American public on the radio

14. Second New Deal
Focused on providing welfare for elderly, poor, and handicapped Americans
Passed Social Security Act- provided insurance for the unemployed

15. Wagner Act Gave Americans the freedom to join labor unions
Enabled collective bargaining to fight for better working conditions

16. Court Packing
Roosevelt wanted to add six judges to Supreme Court to gain New Deal support
Known as “court packing”
Never added because the court sided with the New Deal anyway

17. Impact of the New Deal
New Deal increased the role and size of the Federal Government
FDR believed that high government spending and regulation would save the economy
Creation of a welfare state