Thurs., Jan. 8
• (1) Preparation for Today’s Class Discussion: Write down the
following words in your notes, leaving a few spaces between
each government program:
- Farm Security Administration (FSA)
- Wagner Act &
National Labor Board
- Social Security Act
- National Housing Act & U.S. Housing Authority
- Indian Reorganization Act of 1934
- New Deal Coalition
- Keynesian economics
- Legacy of the New Deal
• (2) Study Guide for Final: If you do not have a complete study
guide for this Final Test next week, they are on top of the shelf
at the front of the classroom.
Learning Targets
• [1] Students will understand important
pieces of legislation during the New Deal
Era, analyzing the question, “Did President
Franklin Roosevelt’s New Deal weaken or
save capitalism?”
• (1) For Review on Thursday (second-half of class) and
Friday, there will be small-group presentations,
reviewing content from the New Deal:
– Have questions for class
– Power-Point slides
– Quiz the class
• Worth 10 Points towards “Unit Projects”
• (2) “Extra Credit” Assignment and Study Guide for
Final
Unemployment Rates, 1900’s
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1920 – 5.2%
1928 – 4.2%
1930 – 8.7%
1932 – 23.6%
1933 – 25%
1934 – 21.7%
1936 – 17%
1938 – 19%
1940 – 14.6%
1942 – 4.7%
1944 – 1.2%
1946 – 3.9%
• “Did President Franklin
Roosevelt’s New Deal
weaken or save
capitalism?”
Relief Programs
- Farm Security Administration (FSA)
- Helped tenant farmers displaced by AAA
* $1 billion in aid to help them work land
* Established camps for migrant workers
* Most famous for photographs taken
- Ron Stryker said, “I want to see the whites of
their eyes.”
- Wanted to have human faces display the suffering
people were experiencing
Reform Programs
- Wagner Act
- Protect rights of workers to unionize
- Established National Labor Relations Board to
investigate possible unfair labor practices
- Social Security Act
- (1) Monthly retirement benefit to those 65 and older
(today you can receive it at 62, 65, or 68)
- (2) Unemployment insurance to the temporary
unemployed
- (3) Modest welfare payments to the needy, disabled,
and poor mothers w/ dependent children
Fighting to Save Capitalism
- Against complaints that he was a socialist,
Roosevelt said, “I am fighting communism. . . . I
want to save our system, the capitalist system.”
Reform Programs
- National Housing Act
- Created the United States Housing Authority to
subsidize construction companies building low-income
housing
- Indian Reorganization Act of 1934
[1] Communal ownership of land
[2] Children can attend on-reservations schools, which
would be friendlier to Native American culture than
boarding schools away from the reservations.
[3] Tribal councils could govern themselves, leading to
tribal self-rule
New Deal Coalition
- African Americans left the Republican Party
- Southern whites, farmers, industrial workers, Catholics,
various urban groups (Italian Americans and Irish
Americans), new immigrants, ethnic minorities including
Mexican Americans, unionized workers, women, and
“progressives.”
Keynesian Economics
- Governments should spend heavily in a recession, even if it required
deficit spending to get the economy moving again, because an
economy in recession / depression needs more
demand.
Government Deficits
- In 1934, the national government deficit increased to $2.9 billion.
- In 1937-1938, the deficit fell back to $100 million.
- During 1939, the deficit rose back to $2.9 billion.
- At the height of government spending during WWII, the national
deficit was at $54.5 billion in 1943.
Unemployment Rates, 1900’s
•
•
•
•
•
•
•
•
•
•
•
•
1920 – 5.2%
1928 – 4.2%
1930 – 8.7%
1932 – 23.6%
1933 – 25%
1934 – 21.7%
1936 – 17%
1938 – 19%
1940 – 14.6%
1942 – 4.7%
1944 – 1.2%
1946 – 3.9%
- In 1934, the national government
deficit increased to $2.9 billion.
- In 1937-1938, the deficit fell back
to $100 million.
- During 1939, the deficit rose back
to $2.9 billion.
- At the height of government
spending during WWII, the
national deficit was at $54.5 billion
in 1943.
Legacy of the New Deal
[1] Government Intervention into the
nation’s economy “Laissez-faire” Economics is Dead
[2] The Safety Net
[3] On-Going Debate about the Role of Government
What do we think?
• Did President Franklin Roosevelt’s
“New Deal” weaken or save
capitalism?
Fri., Jan. 9
• Read the articles and answer the question:
“Did President Franklin Roosevelt’s
New Deal weaken or save
capitalism?”
• Write down points of evidence from each
article, evidence arguing the New Deal hurt
or helped the economy in this country.
Learning Targets
• [1] Students will understand important
pieces of legislation during the New Deal
Era, analyzing the question, “Did President
Franklin Roosevelt’s New Deal weaken or
save capitalism?”