1. Roosevelt to the Rescue “Let me assert my firm belief that the only thing we have to fear, is fear itself.”

2. Today’s Objective After today’s lesson, students will be able to… Describe FDR’s plan for how to end the Great Depression and state specific examples of his plan Examine the importance of FDR’s New Deal as it relates to both the past and the present. Essential Skill Collaborate towards a creative outcome

3. Recap and Warm Up Read the two passages about Roosevelt and Hoover After reading, summarize the ideas of both presidents and identify which one you agree with and why

4. Election of 1928 (Hoover)

5. Election of 1932 (Roosevelt)

6. Democratic Party Platform (1932) Repeal Prohibition Aid to farmers Balanced federal budget Promised “New Deal” for all Americans Most importantly…he wasn’t Hoover

7. FDR’s Leadership Skills Emphasized relief, recovery, & reform Exuded confidence and charisma “Fireside Chats” were reassuring Open to suggestion, would try anything “Brain Trust” advisors

8. Problems FDR Confronted 1) Bank Failures and Money 2) Securities (Stocks) 3) Industry and Labor Relations 4) Unemployment 5) Farming 6) Housing 7) Old Age, Disability 8) Environment

9. Banking Crisis What rhetorical strategies is Roosevelt using in his address? What are Roosevelt’s goals by issuing this message?

10. Banking and Money Remedies Four-day “bank holiday” closed all banks Emergency Banking Relief Act licensed only “healthy” banks to reopen FDIC insured deposits up to $5000; separated deposit banking from investment banking; SEC regulated stock market Loosened gold standard to put more currency into circulation (created inflation)

11. Glass-Stegall Banking Act Primary objectives were twofold Stop the run on banks and restore public confidence in the U.S. banking system Separate commercial and investment banking Created the Federal Deposit Insurance Corporation Guaranteed bank deposits up to a specified limit

12. Keynesian Economics Government must use deficit- spending to create jobs/increase wages What is a major criticism of this strategy?

13. New Deal Advertisements With a partner, you will create an advertisement about a New Deal program You may use your notes or an IPad to research about your program Please add information that will help the class understand what your program attempted to do or who it tried to help during the Great Depression Be prepared to present your advertisement to the class

14. ReliefRecoveryReform National Recovery Act, 1933 Home Owners Loan Corp, 1933 Federal Housing Administration, 1934 Agricultural Adjustment Act, 1933 and 1937 Emergency Banking Act, 1933 Federal Emergency Relief Act, 1933 Public Works Administration, 1933 Works Progress Administration, 1935 Civilian Conservation Corps, 1933 Tennessee Valley Authority, 1933 Glass-Steagall Banking Act, 1933 Securities Exchange Act, 1934 Social Security Act, 1935 National Labor Relations Act, 1935 Fair Labor Standards Act, 1938

15. FDR and the New Deal Assessed How did FDR’s response to the Great Depression differ from Hoover’s Recognizing that little changed in the daily lives of most Americans, would you consider FDR’s initial response to the Great Depression (100 days) a success. How did FDR’s ideas change from the first 100 days to the Second New Deal Which programs had the longer lasting impact on the United States? What are the effects of the New Deal? What are the criticisms of the New Deal?

16. New Deal Programs

17. More Banking Remedies

18. Truth in Securities Act Intended to provide buyers of stocks with complete and accurate information

19. Unemployment

20. Unemployment Remedies Civilian Conservation Corps (CCC) employed youth in reforestation, park maintenance, soil erosion, etc. Federal Emergency Relief Administration (FERA) provided $500 million to state/local relief Works Progress Administration (WPA) built dams, bridges, public buildings, and other infrastructure

21. CCC employees constructing a retention wall

22. Waiting in line for relief from FERA

23. Bonneville Power and Navigation Dam in Oregon, created due to the PWA

24. Farming Remedies Controversial Agricultural Adjustment Act (AAA) paid farmers to grow (or not grow) certain crops Sough to eliminate overproduction Farm Credit Act (FCA) refinanced farm mortgages

25. Industry and Labor Remedies Reconstruction Finance Corporation (RFC) continued low interest loans to businesses National Industrial Recovery Act (NIRA) set production limits, wages, and conditions Banned child labor National campaign to buy from NRA businesses

26. NRA: “We Do Our Part ” The Supreme Court ruled the NRA unconstitutional in 1935

27. Environmental Remedies Tennessee Valley Authority provided cheap electricity, flood control, reforestation, and recreation Controversial! Government owned, nuclear power

28. Norris Dam in Norris, Tennessee

29. Second New Deal (1934-1941) A Shift in Politics

30. Works Progress Administration (WPA) Largest peacetime jobs program; workers built roads, subways, airports, schools, and even funded the arts

31. Social Security Act (SSA) Gave money to states for aid to dependent children, established unemployment insurance through payroll deduction, set up old-age pensions for retirees

32. Rural Electrification Administration (REA) Government would loan money to power companies to bring electricity to people living outside of cities and towns

33. Wagner Act (1935) Legalized unionization and collective bargaining Established the National Labor Relations Board to deal with labor law violations

34. Court-Packing Scheme Tried to reorganize the courts by appointing new judges Wanted new judges because they would be friendlier to his New Deal initiatives Proposals denied