Analyze the impact of Franklin D. Roosevelt had on the American people after becoming President

Describe the programs that were apart of the first New Deal and their immediate impact

Identify critical responses to the New Deal

Franklin Delano Roosevelt (FDR)=New Deal (gov. intervention)

Hoover=leave to local and state gov. and private agencies

FDR’s wife’s -Eleanor Roosevelt

“Brain Trust” helped create New Deal

New Deal program…3 goals◦ Relief, recovery, reform

FDR used the radio to communicate with people ◦ Called “Fireside” chats

Emergency Banking Bill◦ 4 day “bank holiday”◦ Get accounts in order

FDR urged Americans to return their money to banks◦ By the end of March, 1933, $1 Billion was returned to

banks in the form of deposits Congress created the FDIC (Federal Deposit

Insurance Corporation) to insure accounts up to $5,000 ◦ SEC (Securities and Exchange Commission) regulates

stocks

1st 100 Days of FDR’s Presidency!

Agricultural Adjustment Administration (AAA)◦ End overproduction and raise crop prices◦ Gov. provided financial aid to not plant part of their land

and to kill off excessive livestock◦ By 1934, farm prices began to rise

Tennessee Valley Authority (TVA)◦ built new dams in Tennessee River Valley◦ Replanted forests, built fertilizer plants, created jobs

Civilian Conservation Corps (CCC)

Helped 2 million 18-25 year old men

Planted trees & created parks

Federal Emergency Relief Administration (FERA)◦ Granted federal funds to

state and local agencies to help the unemployed

Civil Works Administration (CWA) ◦ Short-lived◦ Jobs on public-works

projects Home Owners Loan Corp.

(HOLC)◦ low interest rate home

loans to people who couldn’t pay mortgage

Developed codes of fair competition to govern whole industries

National Recovery Administration (NRA)◦ Regulated production, wages, and prices

PWA-Public Works Administration -Built bridges, dams, power plants, and gov. buildings

Right- New Deal too powerful Left-Not enough! Populist- Challenge FDR

◦Francis Townsend - Wanted gov’t to grant a pension of $200/ month to every American over 60 years old

◦Charles Coughlin – FDR not doing enough. Calls for nationalization of industry.

◦Huey Long - Proposed “Share Our Wealth” program Tax the rich and give to the poor Eventually was assassinated