The New Deal and its Sequel -The Second New Deal
The New Deal was Franklin D. Roosevelt’s (FDR) plan to get the American economy going again and
put people back to work. The New Deal had three goals Relief, Recovery and Reform and like any
government program it did some good, but was criticized as well. As you complete the activity you will
learn about the major new deal programs, successes and failures or the New Deal. Finally, you will be
asked to evaluate the New Deal and determine if it were a success or a failure.
Program :426-429
What it did
Results of it
Securities and Exchange
Commission
SEC
To Regulate the stock
market and prevent
fraud
Gave people more
confidence in investing
in stock market
Provided insurance
of bank deposits to
a certain amount
Increased confidence in
banking system.
*Recovery, **Reform
Federal Deposit Insurance
Corp.
FDIC
*Recovery, *Reform
Home Owners Loan Corp.
HOLC
Relief, Recovery
Farm Credit
Administration
FCA
Agricultural Adjustment
Act
AAA
 Still many ended up in
“hoovervilles”.
 Home values drop
Similar to HOLC for $$ to the inefficient, less
farmers
$$ available for those
who could have made it.
Helped homeowners
make loan payments
Farmers paid to
NOT produce as
much
Raised price of food,
farmers stay in business
Relief Programs 430-431
Civilian Conservation
Corp
CCC
Gave young men 1825 jobs building
roads, parks etc.
Federal Emergency Relief
Administration
FERA
Civil Works
Administration
CWA
Direct assistance to
needy people
Jobs program
building roads,
schools
 $$ into economy
 Sense of hope
 Improved
infrastructure
Hunger less of an issue
 $$ into economy
 Sense of hope
In what ways was the New Deal successful? What didn’t it do?
The Second New Deal
Page 434
1. Roosevelt’s programs had many critics. Most disagreed with the government having a policy of deficit
spending. What is deficit spending?

More money is being spent than is coming in.
2. Who were Roosevelt’s two biggest critics?
a. Right Wing b. Left- Southern Democrats
Second New Deal Programs
Program
Works Progress
Administration
WPA
Wagner Act
Social Security Act
Tennessee Valley
Authority (428)
TVA
What it did
Results of it
Largest works program of ND.
Roads, bridges, parks, public
buildings, airports, artists
Many people had jobs
 Guaranteed workers right to
 CIO Formed
 Sit-Down Strikes
organize unions and bargain
collectively.
 National Labor Relations Board
Aid & Security for older
Americans and unemployed
workers.
Built dams to control floods,
conserve forestlands, electricity
to rural areas.
Established gov't
role in helping those
in need through no
fault of their own.
Power for industry
and individual.
Read the section the New Deal’s Legacy (445). Identify 2-3 changes the New Deal brought about. These
might include ways the people view the government and it’s role in the economy and our lives. Finally
identify a criticism of the New Deal.
Changes brought about by the New Deal:
a.
b.
c.
Criticism of the New Deal
a.
b.