Warm UpWarm UpPage 73Page 73

Is it better to give a Is it better to give a hungry person a fish hungry person a fish to eat or to teach to eat or to teach them how to fish? them how to fish? Why?Why?

Franklin D. RooseveltFranklin D. Rooseveltand the New Dealand the New Deal

ISN 74ISN 74Tuesday, April 18, 2023Tuesday, April 18, 2023

ObjectiveObjective

To understand FDR’s election to the To understand FDR’s election to the presidency and his “New Deal” presidency and his “New Deal” Programs.Programs.

Essential Question:Essential Question:

Presidential Election of 1932Presidential Election of 1932

America Elects FDRAmerica Elects FDR ““Happy days are here again!” Happy days are here again!” A “New Deal”A “New Deal”

The Toll of the Depression on American The Toll of the Depression on American LifeLife 25% Unemployed 193325% Unemployed 1933 3.2% Unemployed 19293.2% Unemployed 1929 10 Million Jobs Lost10 Million Jobs Lost

Relief and Hope for Americans During the Relief and Hope for Americans During the DepressionDepression Entertainment, Movies and radio showsEntertainment, Movies and radio shows

Election to the PresidencyElection to the Presidency

The Rise of FDRThe Rise of FDR

FDR’s Childhood & Early Political CareerFDR’s Childhood & Early Political Career Privileged upbringingPrivileged upbringing Mother taught him to serve the publicMother taught him to serve the public

From Polio to the PresidencyFrom Polio to the Presidency August 1921 struck by PolioAugust 1921 struck by Polio 10 pound metal braces10 pound metal braces Recovered & served as NY GovernorRecovered & served as NY Governor

FDR’s CharismaFDR’s Charisma Warmth & reassuring confidenceWarmth & reassuring confidence ““We Americans will rise from destruction; we We Americans will rise from destruction; we

Americans will conquer despair.”Americans will conquer despair.”

Early Political CareerEarly Political Career

The Beginning of the New The Beginning of the New DealDeal

11stst 100 days 100 days To execute the New Deal “promptly, fearlessly To execute the New Deal “promptly, fearlessly

and generously.”and generously.” EBRA & EAEBRA & EA NIRANIRA

Direct Relief for People in NeedDirect Relief for People in Need FERAFERA AAAAAA

The TVA Leads New Deal Reform EffortsThe TVA Leads New Deal Reform Efforts Reasons for the New Deal’s Early SuccessReasons for the New Deal’s Early Success

BipartisanshipBipartisanship Good AdviceGood Advice Fireside ChatsFireside Chats

Work ProgramsWork Programs

The Civilian Conservation CorpThe Civilian Conservation Corp Young Men 17-24 working in National ParksYoung Men 17-24 working in National Parks By 1939 2.5 million menBy 1939 2.5 million men

Modest Gains for LaborModest Gains for Labor NIRA for workers rightsNIRA for workers rights Fair Labor Standards ActFair Labor Standards Act

Eliminated child labor, creates minimum wage, better Eliminated child labor, creates minimum wage, better overtime payovertime pay

Minorities still under paid or barredMinorities still under paid or barred Praise for the New DealPraise for the New Deal

ND did have flaws but many were gratefulND did have flaws but many were grateful

Outlining the New DealOutlining the New Deal

Critics of the New DealCritics of the New Deal

CriticismCriticismAfrican AmericansAfrican AmericansTried to please too many peopleTried to please too many peopleToo much or too little interferenceToo much or too little interference

The American Liberty LeagueThe American Liberty LeagueBig BusinessBig Business““Socialist”Socialist”

The Legacy of the New DealThe Legacy of the New Deal

22ndnd Hundred Days Hundred Days$1 Billion into economy$1 Billion into economy

LegacyLegacyRe-shaped the role of the presidencyRe-shaped the role of the presidencyFederal government grew dramaticallyFederal government grew dramaticallyFDR and Eleanor Roosevelt ushered FDR and Eleanor Roosevelt ushered

women into influential roleswomen into influential roles

Assessing the New Deal:Assessing the New Deal:Did it Work?Did it Work?

Unemployment DroppedUnemployment DroppedBusiness Failures DecreasedBusiness Failures DecreasedFarmers BenefitedFarmers BenefitedConfidence in Banks IncreasedConfidence in Banks IncreasedSuccess was LimitedSuccess was LimitedHow did we get out of it?????How did we get out of it?????

Great Depression Great Recession

Bank Failures

Unemployment Rate

Economic Decline

Biggest Dow Jones Decline

Change in Prices

Emergency Spending Programs

States’ Responses

9,096 – 50% Of Banks

25%

-26.5%

-89.2%

-25%

1.5% GDP for 1 year

Raise Taxes, Cut Spending

47 – 0.5% Of Banks

9.7%

-1.7%

-53.8%

+0.6%

3% of GDP for 2 Years

Fed. Stimulus Plan