THE NEW DEAL

Recovering from the Great Depression

Definition:

Franklin D. Roosevelt's proposed plan to help the economy and alleviate the problems of the Great Depression.

What he did (Characteristics):

-Created the plan with board of administration

-Hundred Days (Legislation passed to increase government's role in the economy

-Banks reopening and regulations

a. Glass-Stegall Act

b. Federal Securities Act

-Rebuilding Agriculture

a.Created jobs (construction)

b. Government paying mass production

-Conservation efforts

-Loans galore

-Spending!!

Examples

-Welfare

-Declaring Bankruptcy

-Government Bailouts


Non Examples:

-Hoover

-No relief

-decreasing government deficit


By: Carly Russell