GREAT DEPRESSION
Fighting for the “forgotten man”
ELECTION OF 1932

I pledge you, I pledge
myself, to a new deal for
the American people.
FRANKLIN AND ELEANOR ROOSEVELT
THE THREE R’S

Relief, Recovery, Reform!

Congress gave FDR “blank check” power


New Deal ideas: unemployment insurance, anti
child labor, minimum wage, conservation, deficit
spending
Bring up American morale- fireside chats
ROOSEVELT TACKLES THE BANKS


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Emergency Banking
Relief Act of 1933
Glass Steagall Banking
Reform Act creates the
FDIC
All banks had to turn
over gold in return for
cash due to low gold
reserve
“managed currency”
creates high inflation to
help the poor
CREATING JOBS- ALPHABET AGENCIES
CCC (Civilian Conservation Corps)
 Federal Emergency Relief Act
 Federal Emergency Relief Association
 Civil Works Administration (CWA)
 AAA (Agricultural Adjustment Act)
 Home Owner’s Loan Corporation
 PWA (“useless” jobs)
 21st amendment repealed

OPPONENTS TO THE NEW DEAL

Huey (Kingfish) Long

Father Charles Coughlin

Frances Townsend
CONTINUED RECOVERY AND THE
CONSTITUTION


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NRA
Frazier- Lemke Farm
Bankruptcy Act
declared
unconstitutional
Schechter Poultry
Corp v US (sick
chicken case)
AAA declared
unconstitutional
DUST BOWL AND FARMERS
Soil Conservation and Domestic Allotment Act
(reduction of acreage)
 Concept of parity prices- gave basic commodities
the same price that they had had in 1914
 Second Agricultural Adjustment Act of 1938

Dust Bowl
 Frazier – Lemke Farm Bankruptcy Act- possible
suspension of foreclosures, struck down by the
Supreme Court
 Resettlement Administration (later the Farm
Security Administration)– farmers get moved to
better land

INDIANS

Indian Reorganization Act of 1934- American
Indians can establish self government and retain
culture
REFORMING BUSINESS


Truth in securities or the Federal Securities Act
Creation of the Securities and Exchange
Commission
TENNESSEE VALLEY AUTHORITY
CONTINUED REFORM



Federal Housing
Administration (FHA)
United States Housing
Authority (USHA)
Social Security
DEAL FOR LABORERS



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Norris LaGuardia Act- no
more yellow dog contracts
National Labor Relations Act
(Wagner Act)
National Labor Relations
Board
Fair Labor Standards Act
(Wages and Hours Bill)
Congress of Industrial
Organizations (combined with
the AFoL)
20TH AMENDMENT

Inauguration term shortened to six weeks,
presidents are inaugurated in January instead of
March
COURT PACKING

Judiciary Reorganization Act of 1937
NEW DEAL NEGATIVES




Economic downturn in 1937
Continues to argue for Keynesian economics but
leads to HUGE debt
Reorganization Act
Hatch Act- no federal money for political or
campaigning purposes
ACRONYM
DEFINITION
AAA
Agricultural Adjustment Administration
CCC
Civilian Conservation Corps
CWA
Civil Works Administration
FERA
Federal Emergency Relief Administration
FHA
Federal Housing Administration
FSA
Farm Security Administration
HOLC
Home Owners Loan Corporation
NRA
National Recovery Administration
NYA
National Youth Administration
PWA
Public Works Administration
REA
Rural Electrification Administration
SSA
Social Security Administration
TVA
Tennessee Valley Authority
WPA
Work Projects (Progress) Administration
EFFECTS OF NEW DEAL
HTTP://WWW.YOUTUBE.COM/WATCH?V=WNWFXLCRSBC
Huge emphasis on entertainment
 Expansion of power of presidency
 New American concept of the purpose of the
federal government
 WWII ends the Depression
