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Roosevelt and the New Deal, 1933 to 41
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Franklin D. Roosevelt promised Americans a 'New Deal'. His government took action on a scale never seen before.
The Hundred Days
Roosevelt took office in March 1933.
In his first Hundred Days, Congress passed many laws.
The Emergency Banking Act closed banks for a 'bank holiday' and reopened only sound ones, restoring confidence.
He spoke to the public in radio 'fireside chats'.
In his first Hundred Days, Congress passed many laws.
The Emergency Banking Act closed banks for a 'bank holiday' and reopened only sound ones, restoring confidence.
He spoke to the public in radio 'fireside chats'.
The Alphabet Agencies
CCC: jobs for young men in conservation.
AAA: paid farmers to produce less, to raise prices.
TVA (Tennessee Valley Authority): dams, electricity and jobs in a poor region.
NRA: codes for fair wages and prices.
Works Progress Administration (WPA, 1935): millions of jobs building roads, schools and more.
AAA: paid farmers to produce less, to raise prices.
TVA (Tennessee Valley Authority): dams, electricity and jobs in a poor region.
NRA: codes for fair wages and prices.
Works Progress Administration (WPA, 1935): millions of jobs building roads, schools and more.
The Second New Deal
Social Security Act (1935): pensions and unemployment insurance.
National Labor Relations Act (Wagner Act, 1935): gave workers the right to join unions.
Banking Act (1935) strengthened the banking system.
Rural electrification brought power to farms.
Unemployment fell but stayed high until the Second World War.
National Labor Relations Act (Wagner Act, 1935): gave workers the right to join unions.
Banking Act (1935) strengthened the banking system.
Rural electrification brought power to farms.
Unemployment fell but stayed high until the Second World War.
Explain how the Emergency Banking Act restored confidence.
- Banks were closed and inspected.
- Only sound banks were allowed to reopen.
- People trusted them again and put their money back in.
Answer: By reopening only sound banks, it convinced people their money was safe.
Roosevelt's Hundred Days (1933): Emergency Banking Act, fireside chats, Alphabet Agencies (CCC, AAA, TVA, NRA). Second New Deal (1935): WPA, Social Security Act, Wagner Act, Banking Act, rural electrification. Unemployment fell but stayed high until the war.
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