Franklin Delano Roosevelt

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Franklin Delano Roosevelt
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FDR, Man of Action

• Fireside Chats (radio speeches) gave hope
• First Hundred Days The New Deal
• The 3 Rs
• - Relief for those suffering the effects of
  the Great Depression
• - Recovery of the depressed economy
• - Reforms to help prevent serious economic
  crisis in the future

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Civilian Conservation Corps
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CCC

• Relief for unemployed men ages 18-25
• Planted trees, cleared underbrush, make park
  trails, campgrounds, etc.

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Public Works Administration
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PWA

• Big Bucks on Big Projects
• Building airports, dams, schools, hospitals,
  streets, highways, etc.

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National Industrial Recovery Act
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NIRA/NRA

• Allowed industries to set price controls, raised
  wages, limited work hours and provide jobs

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Agricultural Adjustment Act
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AAA

• Paid farmers to reduce output of crops to raise
  farm prices and give farmers more money

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Tennessee Valley Authority
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TVA

• Built hydro-electric dams in the upper rural
  South to provide jobs and flood control,
  navigation, electricity generation and fertilizer
  manufacturing

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Emergency Banking Act

• Closed banks to reopen if healthy financially
  sound
• Led to more deposits and loans to help stimulate
  the economy
• FDIC (Federal Deposit Insurance Corporation)
  insured bank deposits

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Securities and Exchange Commission

• Regulates companies that sell stocks and bonds to
  guard against stock fraud

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Social Security Act
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SOCIAL SECURITY ACT

• 1. Provide unemployment insurance (payroll tax on
  businesses)
• 2. Pensions for retired workers over 65 (payroll
  tax on employers and employees wages)
• 3. Payments to people with disabilities, the
  elderly, and women and children of male workers
  who died

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Civil Works Administration
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CWA

• Created construction jobs, improving/constructing
  buildings and bridges
• Replaced by the FERA

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Federal Emergency Relief Act (Administration)
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FERA

• Gives grants to states for direct relief to the
  needy
• Building facilities on public land
• Replaced by the WPA and the Social Security Board

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Works Progress Administration
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WPA

• Largest New Deal Program
• Worked on highways, streets, public buildings,
  airports, utilities, small dams, parks,
  libraries, recreational fields, etc.

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Problems with the New Deal

• Reformers and Radicals
• Conservatives
• Huey P. Long (Senator of Louisiana)
• Share the Wealth Society
• Father Charles Coughlin (radio priest)
• Courts