PPT-FDR, The New Deal, and the Second Deal

FDR Born in 1882 5 th cousin of Theodore Roosevelt In 1921 he contracted polio and lost the use of his legs Paralytic Illness Promised Americans a New Deal in 1932 but was vague on the details. and the New Deal. Redefined Democracy:. Political Rights .  Economic. Security  Social Justice. Reasons for Hoover’s Ineffectiveness. thought business should be self-regulating. desperate to balance the budget. Tens of thousands . of businesses failed . and unemployment rose to 25%. The American banking system collapsed . Hoover initially relied on rugged individualism but offered relief checks and job programs, . FDR’s Administration. Election of 1932. Franklin Delano Roosevelt ran on the Democratic ticket in the election of 1932.. “Happy Days Are Here Again!”. Herbert Hoover. was nominated by the Republican party; . Reeling from the economic downturn and angry about President Hoover’s refusal to use the government to relieve the suffering of the people many Americans looked to the upcoming Presidential election in 1932 as a way to change their circumstances. . Chapter 9 . The Three R’s . Relief (for the needy). Economic Recovery. Financial Reform . The 100 Days . Congress enacted 15 laws . FDIC. CCC. AAA (Ag. Adjustment Act) – agriculture production limits and . After becoming president, Franklin Delano Roosevelt uses government programs to combat the Depression.. LEARNING GOAL. I will learn what programs FDR instituted to combat the Depression.. Americans Get a New Deal. Disabled from polio at a younger age. Taught him patience, tolerance, compassion and strength of will. Eleanor:. Distant cousin of FDR and niece of TR. “Eyes and ears” for Franklin. Redefined the role of the First Lady. ’. s . “. New Deal. ”. provide relief, recovery, & reform during the Great Depression?. Warm-Up Question. :. ?. Hoover & the Depression. From 1929 to 1932, President Hoover was criticized for not doing more to . Franklin Delano Roosevelt. Eleanor Roosevelt. The Election of 1932—A New Deal. FDR builds hope for Americans. Key programs of the New Deal. Effects of the New Deal. Forgotten Americans. Critics of the New Deal. 1929-1939. http://www.youtube.com/watch?v=gplaqa2yRgg. Stock market. Bull market 1920’s----Dow Jones 1924=180, 1929=381 1932=41. Buying on Margin…..5%. Banks and businesses financed brokers who facilitated risky buys. A . NEW DEAL FIGHTS THE DEPRESSION. The 1932 presidential election showed that Americans were clearly ready for a change. Republicans re-nominated Hoover despite his low approval rating. The Democrats nominated Franklin Delano Roosevelt. From 1929 to 1932, President Hoover was . criticized . for not doing more to end the depression. Tens of thousands . of businesses failed . and unemployment rose to 25%. The American banking system collapsed . Everything You Need To Know For Your APUSH Exam. Roughly ¼ banks failed prior to FDR becoming President. Bank Holiday: . Closed banks for several days. Emergency Banking Relief Act (March, 1933):. Allowed President to reopen good banks, monitor transactions. Four months elapsed between the election and FDR taking office. Worked with his advisors, the Brain Trust, on new policies that came to collectively be called the New Deal. Policies focused on 3 goals.