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