Unit 5-6
The New Deal
Part 1
Read Pages 488-494 –
Answer A-E & 504-509
Answer A-E
I.
The Second Presidential Response: Franklin Delano
Roosevelt (FDR)
A. As Governor of New York, (FDR) had introduced new
programs to fight the Depression that he would later
apply to the nation.
B. His wife, Eleanor, was a close advisor who kept him
informed about the problems of the poor and minority
groups.
C. Roosevelt possessed excellent communication
skills.
1. He used the radio to give reassuring “fireside
chats.”
D. Roosevelt’s “New Deal” was based on three goals:
relief, recovery, and reform.
II.
The First New Deal
A. The “first New Deal,” from
1933 to 1935, was focused
on relief and recovery.
B. So many new federal
agencies were known by
their abbreviations that
they were called “alphabet
soup.”
C. Many of these programs
aimed to “prime the
pump” – to get the
economy flowing again by
placing money into
consumers’ hands.
Those
opposed to
the New
Deal
thought the
“Soup was
poison”
D. Some “recovery” programs aimed to make banks and the
stock market safer.
1. Roosevelt declared a “Bank Holiday” to prevent bank
runs, allow federal inspections, and renew public
confidence in banks.
2. The Federal Deposit Insurance Corporation (FDIC)
insured bank deposits.
3. The Securities and Exchange Commission (SEC) was
created to regulate the stock market.
E. Other “recovery” programs aimed at assisting industry
and agriculture.
1. The National Recovery Administration (NRA)
encouraged businesses to establish codes that set
prices, wages, and work hours to promote cooperation
and fairness.
2. The Agricultural Adjustment Act (AAA) limited
production of crops and livestock to prevent surpluses
and protect farmers.
F. Some “relief” programs aimed at providing young men
with work on public projects.
1. The Civilian Conservation Corps (CCC)
2. Public Works Administration (PWA)
3. The Civil Works Administration (CWA)
Juniper Springs in the Ocala national Forest. A
project done by the CCC during the New Deal.
G. Other “relief” programs sought to improve living
conditions.
1. The Home-owners Loan Corporation and the
Agricultural Adjustment Act gave emergency loans to
homeowners and farmers facing foreclosure.
2. The Tennessee Valley Authority (TVA) built dams to
control floods and to provide electricity to one of the
poorest areas in the South.