Restoring Confidence What is significant about Roosevelt’s first 100 days in office? Restoring Confidence What is significant about Roosevelt’s first 100 days in office? •Time at the beginning of FDR’s presidency where he pushed many programs through congress to provide relief, create jobs and stimulate economic recovery. Restoring Confidence What is significant about Roosevelt’s first 100 days in office? •Time at the beginning of FDR’s presidency where he pushed many programs through congress to provide relief, create jobs and stimulate economic recovery. •Why did Roosevelt close the banks? Restoring Confidence What is significant about Roosevelt’s first 100 days in office? •Time at the beginning of FDR’s presidency where he pushed many programs through congress to provide relief, create jobs and stimulate economic recovery. •Why did Roosevelt close the banks? •To organize the banks and give him a chance to see how healthy the bank was Restoring Confidence What is significant about Roosevelt’s first 100 days in office? •Time at the beginning of FDR’s presidency where he pushed many programs through congress to provide relief, create jobs and stimulate economic recovery. •Why did Roosevelt close the banks? •To organize the banks and give him a chance to see how healthy the bank was •What is the FDIC? Restoring Confidence What is significant about Roosevelt’s first 100 days in office? •Time at the beginning of FDR’s presidency where he pushed many programs through congress to provide relief, create jobs and stimulate economic recovery. •Why did Roosevelt close the banks? •To organize the banks and give him a chance to see how healthy the bank was •What is the FDIC? •Federal Deposit Insurance Corporation – insured bank deposits up to $5,000 Restoring Confidence What is significant about Roosevelt’s first 100 days in office? •Time at the beginning of FDR’s presidency where he pushed many programs through congress to provide relief, create jobs and stimulate economic recovery. •Why did Roosevelt close the banks? •To organize the banks and give him a chance to see how healthy the bank was •What is the FDIC? •Federal Deposit Insurance Corporation – insured bank deposits up to $5,000 •What is the SEC? Restoring Confidence What is significant about Roosevelt’s first 100 days in office? •Time at the beginning of FDR’s presidency where he pushed many programs through congress to provide relief, create jobs and stimulate economic recovery. •Why did Roosevelt close the banks? •To organize the banks and give him a chance to see how healthy the bank was •What is the FDIC? •Federal Deposit Insurance Corporation – insured bank deposits up to $5,000 •What is the SEC? Security Exchange Commission – regulated the stock market Restoring Confidence What is significant about Roosevelt’s first 100 days in office? •Time at the beginning of FDR’s presidency where he pushed many programs through congress to provide relief, create jobs and stimulate economic recovery. •Why did Roosevelt close the banks? •To organize the banks and give him a chance to see how healthy the bank was •What is the FDIC? •Federal Deposit Insurance Corporation – insured bank deposits up to $5,000 •What is the SEC? Security Exchange Commission – regulated the stock market •What were these measures designed to do and did they accomplish their goal? Explain. Restoring Confidence What is significant about Roosevelt’s first 100 days in office? •Time at the beginning of FDR’s presidency where he pushed many programs through congress to provide relief, create jobs and stimulate economic recovery. •Why did Roosevelt close the banks? •To organize the banks and give him a chance to see how healthy the bank was •What is the FDIC? •Federal Deposit Insurance Corporation – insured bank deposits up to $5,000 •What is the SEC? Security Exchange Commission – regulated the stock market •What were these measures designed to do and did they accomplish their goal? Explain. •They were designed to restore the public’s confidence in the banks and other financial institutions Creating Jobs FERA – Creating Jobs FERA – Federal Emergency Relief Act – Sent funds to depleted local relief agencies Creating Jobs FERA – Federal Emergency Relief Act – Sent funds to depleted local relief agencies What are Public Works Programs designed to do? Creating Jobs FERA – Federal Emergency Relief Act – Sent funds to depleted local relief agencies What are Public Works Programs designed to do? - Government funded projects to build public facilities Creating Jobs FERA – Federal Emergency Relief Act – Sent funds to depleted local relief agencies What are Public Works Programs designed to do? -Government funded projects to build public facilities CWA – Creating Jobs FERA – Federal Emergency Relief Act – Sent funds to depleted local relief agencies What are Public Works Programs designed to do? -Government funded projects to build public facilities CWA – Civil Works Administration – gave the unemployed jobs building or improving roads, parks, airports, and other facilities Creating Jobs FERA – Federal Emergency Relief Act – Sent funds to depleted local relief agencies What are Public Works Programs designed to do? -Government funded projects to build public facilities CWA – Civil Works Administration – gave the unemployed jobs building or improving roads, parks, airports, and other facilities CCC – Creating Jobs FERA – Federal Emergency Relief Act – Sent funds to depleted local relief agencies What are Public Works Programs designed to do? -Government funded projects to build public facilities CWA – Civil Works Administration – gave the unemployed jobs building or improving roads, parks, airports, and other facilities CCC – Civilian Conservation Corps – put 2.5 million unmarried male workers into forest, beach and park maintenance and restoration projects Creating Jobs FERA – Federal Emergency Relief Act – Sent funds to depleted local relief agencies What are Public Works Programs designed to do? -Government funded projects to build public facilities CWA – Civil Works Administration – gave the unemployed jobs building or improving roads, parks, airports, and other facilities CCC – Civilian Conservation Corps – put 2.5 million unmarried male workers into forest, beach and park maintenance and restoration projects Indian Reorganization Act of 1934 – Creating Jobs FERA – Federal Emergency Relief Act – Sent funds to depleted local relief agencies What are Public Works Programs designed to do? -Government funded projects to build public facilities CWA – Civil Works Administration – gave the unemployed jobs building or improving roads, parks, airports, and other facilities CCC – Civilian Conservation Corps – put 2.5 million unmarried male workers into forest, beach and park maintenance and restoration projects Indian Reorganization Act of 1934 – ended the sale of tribal lands and restored ownership of unallocated lands to Native American groups Helping Business NIRA – Helping Business NIRA – National Industrial Recovery Act – bolster prices of business and industry to keep them stable Helping Business NIRA – National Industrial Recovery Act – bolster prices of business and industry to keep them stable NRA - Helping Business NIRA – National Industrial Recovery Act – bolster prices of business and industry to keep them stable NRA - National Recovery Administration – set out to balance the unstable economy through extensive planning Helping Business NIRA – National Industrial Recovery Act – bolster prices of business and industry to keep them stable NRA - National Recovery Administration – set out to balance the unstable economy through extensive planning PWA – Helping Business NIRA – National Industrial Recovery Act – bolster prices of business and industry to keep them stable NRA - National Recovery Administration – set out to balance the unstable economy through extensive planning PWA – Public Works Administration – built many public works projects like dams to give people jobs Saving Homes and Farms HOLC – Saving Homes and Farms HOLC – Home Owners’ Loan Corporation – Refinanced mortgages of middle-income homeowners Saving Homes and Farms HOLC – Home Owners’ Loan Corporation – Refinanced mortgages of middle-income homeowners AAA – Saving Homes and Farms HOLC – Home Owners’ Loan Corporation – Refinanced mortgages of middle-income homeowners AAA – Agricultural Adjustment Administration – paid farmers not to raise certain crops and animals in hopes that lower production would boost the prices on agricultural products Saving Homes and Farms HOLC – Home Owners’ Loan Corporation – Refinanced mortgages of middle-income homeowners AAA – Agricultural Adjustment Administration – paid farmers not to raise certain crops and animals in hopes that lower production would boost the prices on agricultural products TVA – Saving Homes and Farms HOLC – Home Owners’ Loan Corporation – Refinanced mortgages of middle-income homeowners AAA – Agricultural Adjustment Administration – paid farmers not to raise certain crops and animals in hopes that lower production would boost the prices on agricultural products TVA – Tennessee Valley Authority – helped farmers and created jobs in the Tennessee Valley (the least modernized region in the U.S.) Saving Homes and Farms HOLC – Home Owners’ Loan Corporation – Refinanced mortgages of middle-income homeowners AAA – Agricultural Adjustment Administration – paid farmers not to raise certain crops and animals in hopes that lower production would boost the prices on agricultural products TVA – Tennessee Valley Authority – helped farmers and created jobs in the Tennessee Valley (the least modernized region in the U.S.) How affective was the New Deal? Explain. Saving Homes and Farms HOLC – Home Owners’ Loan Corporation – Refinanced mortgages of middle-income homeowners AAA – Agricultural Adjustment Administration – paid farmers not to raise certain crops and animals in hopes that lower production would boost the prices on agricultural products TVA – Tennessee Valley Authority – helped farmers and created jobs in the Tennessee Valley (the least modernized region in the U.S.) How affective was the New Deal? Explain. •- It helped a little but in the long run it was unable to pull the U.S. out of the Depression The Second New Deal New Agencies WPA – The Second New Deal New Agencies WPA – Works progress Administration – provided jobs for people. It constructed and improved many public areas The Second New Deal New Agencies WPA – Works progress Administration – provided jobs for people. It constructed and improved many public areas FSA – The Second New Deal New Agencies WPA – Works progress Administration – provided jobs for people. It constructed and improved many public areas FSA – Farm Security Administration – loaned money to farmers and set up camps for migrant workers The Second New Deal New Agencies WPA – Works progress Administration – provided jobs for people. It constructed and improved many public areas FSA – Farm Security Administration – loaned money to farmers and set up camps for migrant workers REA – The Second New Deal New Agencies WPA – Works progress Administration – provided jobs for people. It constructed and improved many public areas FSA – Farm Security Administration – loaned money to farmers and set up camps for migrant workers REA – Rural Electrification Administration – offered loans to electric companies and farm cooperatives for building power plants and extending power lines, as well as to farmers and other rural residents to wire their homes and barns The Second New Deal New Agencies WPA – Works progress Administration – provided jobs for people. It constructed and improved many public areas FSA – Farm Security Administration – loaned money to farmers and set up camps for migrant workers REA – Rural Electrification Administration – offered loans to electric companies and farm cooperatives for building power plants and extending power lines, as well as to farmers and other rural residents to wire their homes and barns Wagner Act – The Second New Deal New Agencies WPA – Works progress Administration – provided jobs for people. It constructed and improved many public areas FSA – Farm Security Administration – loaned money to farmers and set up camps for migrant workers REA – Rural Electrification Administration – offered loans to electric companies and farm cooperatives for building power plants and extending power lines, as well as to farmers and other rural residents to wire their homes and barns Wagner Act – legalized closed shops (only union members can work there), and allowed for collective bargaining by unions. It also outlawed spying on the unions and blacklisting of union members The Second New Deal New Agencies WPA – Works progress Administration – provided jobs for people. It constructed and improved many public areas FSA – Farm Security Administration – loaned money to farmers and set up camps for migrant workers REA – Rural Electrification Administration – offered loans to electric companies and farm cooperatives for building power plants and extending power lines, as well as to farmers and other rural residents to wire their homes and barns Wagner Act – legalized closed shops (only union members can work there), and allowed for collective bargaining by unions. It also outlawed spying on the unions and blacklisting of union members NLRB – The Second New Deal New Agencies WPA – Works progress Administration – provided jobs for people. It constructed and improved many public areas FSA – Farm Security Administration – loaned money to farmers and set up camps for migrant workers REA – Rural Electrification Administration – offered loans to electric companies and farm cooperatives for building power plants and extending power lines, as well as to farmers and other rural residents to wire their homes and barns Wagner Act – legalized closed shops (only union members can work there), and allowed for collective bargaining by unions. It also outlawed spying on the unions and blacklisting of union members NLRB – National Labor Relations Board – set up by the Wagner Act, its job was to enforce the Wagner Act The Second New Deal New Agencies WPA – Works progress Administration – provided jobs for people. It constructed and improved many public areas FSA – Farm Security Administration – loaned money to farmers and set up camps for migrant workers REA – Rural Electrification Administration – offered loans to electric companies and farm cooperatives for building power plants and extending power lines, as well as to farmers and other rural residents to wire their homes and barns Wagner Act – legalized closed shops (only union members can work there), and allowed for collective bargaining by unions. It also outlawed spying on the unions and blacklisting of union members NLRB – National Labor Relations Board – set up by the enforce the Wagner Act Social Security Act – Wagner Act, its job was to The Second New Deal New Agencies WPA – Works progress Administration – provided jobs for people. It constructed and improved many public areas FSA – Farm Security Administration – loaned money to farmers and set up camps for migrant workers REA – Rural Electrification Administration – offered loans to electric companies and farm cooperatives for building power plants and extending power lines, as well as to farmers and other rural residents to wire their homes and barns Wagner Act – legalized closed shops (only union members can work there), and allowed for collective bargaining by unions. It also outlawed spying on the unions and blacklisting of union members NLRB – National Labor Relations Board – set up by the enforce the Wagner Act Wagner Act, its job was to Social Security Act – system that provided old age pensions for workers; and aid for dependent mothers and children, the blind and the physically disabled