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Section 5
The Impact of the New Deal
How is the New Deal viewed today?
Do you think the view would be different if we weren’t facing similar circumstances?
By 1937 the economy had improved enough to convince Americans the Depression was ending.
New Deal Reforms Endure
Scale back New Deal Programs Results:
Industrial production dropped again Unemployment rose again in 1937 to 1938
Pressure from Congress
By 1939 the New Deal was effectively over
New Pressures from Europe concerned Roosevelt
New Problems
What was the role of the federal government under Roosevelt?
What did that allow for?
Expanding Government Role
Federal Insurance Deposit Corporation (FDIC) What did it used to insure accounts up to? What do you think it insures accounts up to today?
Securities and Exchange Commission (SEC)Federal Agencies
Did the New Deal end the Depression?
If not, what did it provide? If so, how?
National Labor Relations Board Continues to act as a mediator in labor
disputes between unions and employers
Protecting Workers Rights
Government began accepting responsibility for providing assistance to needy members of society Old age insurance Unemployment compensation Aid to disabled and dependent
children
Social Security
Harnessed water power to generate electricity and to help prevent disastrous floods in the Tennessee Valley added to the national park
system in the 1930s Established new wildlife refuges Set aside large wilderness areas http://www.tva.gov/sites/sites_ie.htm
Tennessee Valley Authority
Government sponsored strip-mining and coal burning Cause air, land, and water
pollution
Problems
Point/Counter Point Do Now
Let’s Post-It!
Compare and Contrast: How did the New Deal SUCCEED? How did the New Deal FAIL?
Point-Counter Point
http://www.youtube.com/watch?v=Jnqto6sDtGI
Obama and FDR (again!)
Federal Deficit and Unemployment
FDIC SEC NLRB Social Security TVA Farmer Aid
What Programs are Still Around
Political Cartoons
Political Cartoons
Political Cartoons
Write a program proposal for a WPA-type program that would benefit this community
On your card…