FDR and the New Deal

Vocab:
1. The Dust Bowl
2. The New Deal
3. Fireside chats
4. Bank Holiday
Guiding Questions:
1. What were the three phases of
the New Deal?
The Dust Bowl
 Many farmers were deeply in debt due to large bank
loans and low agricultural prices.
 Drought made it impossible to grow crops
 Huge dust storms
 Over one million families lost their farms between
1930 and 1934.
 FDR
 Roosevelt ran for President in 1932.
 Suffered from polio, which left him without full use
of his legs.
 Governor of New York when the stock market
crashed, FDR had started some very successful
relief programs.
 Campaign ideas: “New Deal” and that he would
help the “forgotten man”
 Taking office
 Fireside chats: were radio addresses the President
gave to the American people


Told Americans how he would fix America
They trusted him
 Meanwhile, the nation sank deeper into decline.
On March 3, 1933, over 5,000 banks closed.
Roosevelt took office on March 4.
 "The only thing we have to fear is fear itself!"
 Bank Holiday
 The new President announced a
"bank holiday." All banks were
closed.
 The Emergency Banking Act allowed
the U.S. Treasury Department to
inspect bank records.
 Banks found to be solvent were reopened (Those who had money)
 Bankrupt banks remained closed
until the government could
guarantee their safety
 People began to trust banks again
 The New Deal
 First 100 Days: institute programs called
the New Deal
 There were 3 phases to his reform
 Relief: For those suffering the effects of
the Great Depression
 Recovery: of the depressed economy
 Reform: That would help prevent
serious economic crisis in the future.