Chapter 25

Chapter 25Section 2

Roosevelt’s New Deal

Herbert Hoover Franklin D. Roosevelt

Eleanor Roosevelt

Had polio at the age of 39 that left him crippled.

Brain TrustA group of lawyers, economists and

social workers

The American people were charmed by Roosevelt’s confidence and his promise of action.

The March 4, 1933 inauguration Roosevelt told the nation that “the only thing we have to fear is fear itself – nameless, unreasoning, unjustified terror.” He also said…….“greatest primary task is to put people to work.”

Fireside chatsMany of his radio talks were said sitting

by his fireplace in the White House“it is safer to keep your money in a

reopened bank than under the mattress.”

Hundred DaysThe special session of Congress that Roosevelt called to launch his programs.

“The gloom, the tenseness, the fear of the closing months of the Hoover years had vanished.”

The new laws that Congress passed during the Hundred Days came to be called The…..

New Deal

It affected the banking, the stock market, industry,

agriculture, public works, relief for the poor, and conservation resources.

FDR gave high priority to creating jobs. He planned to help the unemployed with

work reliefprograms giving…..

needy peoplegovernment jobs.

CCCCivilian Conservation Corp

Employed about 3 million young men to work on projects like planting trees to reforest areas, building levees for flood control and improving national parks.

AAAAgricultural Adjustment Act

It had 2 main goals…1. Raise farm price

quickly2. To control production

so that farm prices would stay up over the long term

TVATennessee Valley Authority

It aimed to control flooding, promote conservation and development, and bring electricity to rural areas along the Tennessee River.

subsidiesGrants of money paid to the farmers to make up the difference of what they needed.

On the last day of the Hundred Days, Congress passed the National Industrial Recovery Act which Roosevelt called “the most important and far-reaching legislation” ever passed in the U.S. This boosted the economy by helping business regulate itself. 100 days

PWAPublic Works AdministrationThe goal was to stimulate the economy. They employed people to work on the construction of roads, shipyards, hospitals, city halls, and schools.

FDICFederal Deposit Insurance Corporation

SECSecurities and Exchange Commission:

They had the power to punish dishonest stockbrokers.

The New Deal did not cure the nation’s ills. The Depression dragged on, bringing continued hardship. Farmers continued to lose their land. Unemployment remained at high levels. Many people struggled to survive. Yet the darkest days had passed.