Do Now If your family or friend was out of a job, how would you want the government to respond? Objective: Chapter 23, Section 1 ► SWBAT identify and discuss what the New Deal was and how FDR tried to counteract the Depression Election of 1932 ► Herbert Hoover (Republican) ► Franklin Delano Roosevelt (Democrat) Issues ► Americans blamed President Hoover for the country’s economic woes. ► Franklin Delano Roosevelt Was related to Theodore Roosevelt. Survived polio. Governor of New York. FDR Continued ► Roosevelt promised: Relief for the poor More public works programs to provide jobs. ► He attacked Hoover and the Republicans for their response to the Great Depression. ► Roosevelt won a landslide victory—winning more than 57 percent of the popular vote. The Roosevelts ► Believed it was the Govt’s responsibility to help the people ► Eleanor Roosevelt: First lady Played a major role in FDR’s success Eleanor Roosevelt FDR Attributes Franklin Roosevelt ►Appealing blend of cheerfulness, optimism, and confidence ►An effective communicator (ex: fireside chats) ►A reform-minded Democrat ►Believed the government could solve economic and social problems Eleanor Roosevelt ►“Eyes and ears” of her husband ►Directed efforts to solve several major social issues (ex. lynching of African Americans) ►Wrote ►Had her own newspaper column the trust and affection of many Americans FDR’s First Hundred Days ► FDR’s first hundred days in office: March through June, 1933 Time in which most of his New Deal legislation was passed ► Wanted to restore confidence in banks 1st…..Why? March 5th, 1933: Ordered banks to close for 4 days March 9th: Passed Emergency Banking Act: Allowed government to inspect all banks ► Two thirds of banks had reopened by March 15th Some of the acts that were passed in the New Deal ► Federal Deposit Insurance Corporation (FDIC) ► Securities Exchange Commission (SEC) ► Federal Housing Administration (FHA) ► Civil Works Administration (CWA) ► Tennessee Valley Authority (TVA) ► The Federal Securities Act (FSA) ► Civilian Conservation Corp (CCC) ► Agricultural Adjustment Act (AAA) ► Home Owners Loan Corporation (HOLC) ► National Labor Relations Board (NLRB) Question 1 ► Regulated the stock market and protected investors from dishonest trading practices Answer 1 ► Securities Exchange Commission Question 2 ► Attempted to raise farm prices by paying farmers to lower farm output Answer 2 ► Agricultural Adjustment Act (AAA) Question 3 ► Insured bank deposits up to 5,000 dollars Answer 3 ► Federal (FDIC) Deposit Insurance Corporation Question 4 ► Provided low-cost mortgage refinancing to homeowners facing foreclosure Answer 4 ► Home Owners Loan Corporation (HOLC) Question 5 ► Enforced provisions of the Wagner Act, which included the right of collective bargaining and other union rights Answer 5 ► National Labor Relations Board (NLRB) Question 6 ► Requires companies to provide information about their finances if they offered stock for sale Answer 6 ► Federal Securities Act Question 7 ► Provided federal jobs in building and improving roads and public facilities Answer 7 ► Civil Works Administration (CWA) Question 8 ► Provided hydroelectric power, flood control, and recreational opportunities Answer 8 ► Tennessee Valley Authority (TVA) Question 9 ► Provided jobs to young, unmarried men to work on conservation and resource development projects Answer 9 ► Civilian Conservation Corp (CCC) Question 10 ► Improved housing standards and conditions and provided home financing Answer 10 ► Federal Housing Administration Follow-Up ► Page 776: 1-4