PPT-The Long Shadow of FDR and the New Deal

Truman Kennedy Johnson Harry Truman and the Fair Deal The Fair Deal In the Election of 1948 Southern Democrats had formed the States Rights Democratic Party Dixiecrats and nominated their own candidate for presidentSouth Carolina Senator Strom Thurmond Truman narrowly defeated Republican Thomas Dewey. President Franklin Roosevelt promised to take action to get America out of the Great Depression.. Key terms: Hundred Days, New Deal, work relief, subsidy. Essential Questions. How did Roosevelt try to restore the confidence of the American people?. 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. FDR’s Administration. Election of 1932. Franklin Delano Roosevelt, second cousin to President Theodore Roosevelt, ran on the Democratic ticket in the election of 1932.. Herbert Hoover was nominated by the Republican party, as was tradition for an incumbent president, but his slow reaction to the Depression and actions towards the Bonus Army made him increasingly unpopular.. 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. Chapter 35. Recognition for the Russians. . In 1933. FDR finally formally recognized the Soviet Union as an official country. Roosevelt hoped that the U.S. could trade with the U.S.S.R. which would help the U.S. economy pull out of the Great Depression.. 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. 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. -. The Great Depression began in 1929 after the stock market crashed. Businesses closed, unemployment rose, and the economy suffered greatly. . . Hoover’s Policies Failed. President Hoover was viewed as not having done enough to slow down the effects of the Great Depression. . 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. 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. Republican- Herbert Hoover. Democrats- Franklin D Roosevelt. Won- Franklin D Roosevelt. The New Deal. Proposed by Franklin Delano Roosevelt. Introducing the three R’s . 1) relief for the unemployed .