DO NOW

• Do Now: GO GET YOU BOOKS!

• Journal: Pick up a handout full of quotes. Copy the quote that “speaks” to you the most into your journal. What about the quote do you find moving? Interesting? Disturbing? Mind-Freakish?

End of the Depression

Aim: Why did the Depression end?

Pump Priming

• Hoover was a proponent of trickle down economics. FDR employed the economic strategy of pump priming.

• Pump Priming: putting people to work on public projects in order to put money into the hands of consumers, who then buy more goods, stimulating the economy.

New Deal Major Programs

Programs that employed people:

• WPA: Works Progress Administration

• CCC: Civilian Conservation Corps

• TVA: Tennessee Valley Authority

Civilian Conservation CorpsTRANSPARENCY

Second New Deal

• Second New Deal: Beginning in 1935 FDR launched a second round of legislation to address continued problems.

Reading Skill: Connect IdeasNOTE TAKING

Social Security

• The US was one of the few industrialized nations in the world that did not have pensions for the elderly.

• Social Security Act (1935): Law that set up a pension system for retirees, established unemployment insurance, and created workers comp.

PM TRANSPARENCY

Progress Monitoring Transparency

Fair Labor Standards Act

• Fair Labor Standards Act (1938): Law that set a minimum wage, a maximum work week of 44 hours, and outlawed child labor.

Wagner Act

• Wagner Act: gave workers the right to join union and engage in collective bargaining.

Labor Union Membership, 1920-1960GRAPH

Critics

• Many felt new deal programs went too far and were to radical, others felt they were too conservative.

• Big Business was particularly against new deal programs.

• Many political parties also seized on the nation’s troubles to voice opposition.

Political Cartoons: Critics of the New DealTRANSPARENCY

Court-Packing Plan

• The Supreme court was opposed to many of FDRs plans.

• He attempted to approve a law that would permit the president to increase the number of judges from nine to fifteen if they refused to retire at age of 70.

Political Cartoons: The Ingenious QuarterbackANALYZE

Effects of the New Deal

• Short term:– Banking system stabilized.– Farmers helped– Work-relief programs provide jobs.– Nation unified

• Long term:– Power of the presidency was increased.– The Government took a more active role in the

economy.

Unemployment, 1933-1941GRAPH

New Deal or WWII

• Although FDR’s programs did provide relief many argue that it was WWII not the actions of the government that eventually pulled the US out of the depression.

WORK!

• Review Guide!

• Study yo!

• Tuesday --> Jeopardy

• Wednesday Test…yeah!