• The United States was on the verge of economic collapse.  Americans who wanted to work could not find any work.  The government at first did not have any answers.  In 1932 Americans elected Franklin D. Roosevelt to help lead them out of the Great Depression.  Since there were numerous causes of the Great Depression FDR tried numerous experimental approaches to get the nation out of the Great Depression.  The new role the government would have from this point on has been a model used by Preisdent's such as Truman, Johnson and Obama.  However, many leaders, such as President Reagan, have tried to push back and limit the government's economic responsibilities because of a growing national debt.  What should our nation's fiscal policy prioritize?  That is up the voters to decide. 
     
     
    Essential Questions
                                                Based on Chapters 24 & 25 of the Textbook
    • What were some missed warning signs that the economy was in danger of collapse during the 1920s?
    • What problems occurred that led to the Great Depression?
    • How did President Hoover attempt to fix the American economy?
    • How did FDR's New Deal attempt to solve the problems of the Great Depression?
    • How did the New Deal change the government's responsibilities towards it's citizens?
    Class Notes
     
    Class Activities

    Key Content 

    Laissez Faire
    Buying on Credit
    Buying Stocks on Margin
    The Stock Market Collapse
    Bank Failures
    Bonus Army March
    "Trickle Down" Economics 
     Priming the Pump- as opposed to "trickle- down" economics
    The New Deal - expanded economic role of the government
    The Brain Trust- included Frances Perkins the 1st female member of the Cabinet
    FDR Calls for a Special Session of Congress- checks and balances
    The 1st 100 Days- a standard for all politicians to follow
    Alphabet Soup- Categorized into the 3 rrrs below
    Supreme Court Challenges the NEw Deal
    FDR's failed "Court Packing " Plan
     
     
    Key Content
    Relief Recovery  Reform 
    Attempts to Ease Economic  Pain Temporary Jobs to Increase Consumer Spending  Permanent Changes to Prevent Future Depresions
    FERA CCC, PWA, FDIC- Glass- Steagall Act
    Bank Holiday WPA, NYA Wagner Act
    Emergency Banking Act CWA, TVA Fair Labor and Standards Act
        Social Security Act
      Then some controversy  
      AAA, NIRA, NRA  




    Opposition to the New Deal

    Right Wing- Herbert Hoover, Fr. Charles Coughlin

    The Supreme Court- Schecter Poultry v USA, Butler v USA

    Left Wing- Dr. Townsend, Huey Long

    FDR's response to the Criticism- Social Security, the failed "court-packing plan"

    Legacy of the New Deal:  How much of a safety net should the government provide for its citizens and are citizens to reliant upon government economic assistance?

     

    Influence of the New Deal on other Presidents
    • Truman- Fair Deal- Why didn't it work as well as the New Deal?
    • Eisenhower- Interstate Highway Act- Which New Deal programs were similar?
    • JFK- Affirmative Action Promise, VISTA
    • LBJ- "War on Poverty"- Great Society (Medicare, Medicaid, Head Start Programs, Elementary and Secondary School Act)- expanding on the principles of the New Deal
    • Nixon- Environmental Protection Agency (EPA), Clean Air and Water Act, Equal Employment Opportunity Act
    • Carter- Trying to fix stagflation- Creation of Energy and Education Department (Cabinet Positions)
    • Reagan- "New Federalism"- scaled back government support of social programs, increasing trade deficit, supply- side economics (similar to Hoover's "Trickle Down", but why were the results different?)
    • Clinton- Increasing Globalization- NAFTA, US Joins WTO, Opens trade with China
    • George W. Bush- tax cuts, increasing debt, bank bailouts
    • Obama- inherits economic crisis (Like FDR), Affordable Health Care Act (did the government go too far?)
     
     
    Helpful Websites
    http://www.youtube.com/watch?v=wF80co_Y_Bc Government Promotional Video
     
    Movies
      Cinderella Man
      Of Mice and Men 
Last Modified on August 15, 2017