Election of 1932 and the New Deal Hoovers

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Election of 1932 and the New Deal

Election of 1932 and the New Deal

Hoover’s Actions (prior to election) • Voluntary controls of businesses • Firms quietly cutting

Hoover’s Actions (prior to election) • Voluntary controls of businesses • Firms quietly cutting workers’ pay • Started to create Government jobs • Public still believed government was helping bankers and not ordinary people • He believed direct federal relief would destroy people’s self-respect

Franklin Delano Roosevelt • Democrat • Governor of New York • “Happy days are

Franklin Delano Roosevelt • Democrat • Governor of New York • “Happy days are here again!” • Promoted “New Deal” • Was ready to experiment with government roles in economy

1932 Presidential Election Federal Government Intervention vs. No Government Intervention

1932 Presidential Election Federal Government Intervention vs. No Government Intervention

Roosevelt’s Landslide Victory • FDR won by 7 million votes • Voters with most

Roosevelt’s Landslide Victory • FDR won by 7 million votes • Voters with most influence: – Urban workers – Coal miners – Immigrants of Catholic & Jewish descent • Having to overcome fear in own life (polio) drove him to speak with conviction

John Maynard Keynes British economist who said massive government could help a collapsing economy

John Maynard Keynes British economist who said massive government could help a collapsing economy and encourage more private spending

FDR’s New Deal • Program of relief, recovery and reform • Not really sure

FDR’s New Deal • Program of relief, recovery and reform • Not really sure how this would work • Five main areas of concerns

Main Concerns 1. Restore Confidence in Banks 1. Bank holiday 2. Establish FDIC 2.

Main Concerns 1. Restore Confidence in Banks 1. Bank holiday 2. Establish FDIC 2. Provide Relief and Create Jobs 1. Federal Emergency Relief Admin. (FERA) 2. Civil Works Admin. (CWA) 3. Civilian Conservation Corps. (CCC)

Main Concerns 3. Helping Businesses a. National Industrial Recovery Act (NIRA) b. National Recovery

Main Concerns 3. Helping Businesses a. National Industrial Recovery Act (NIRA) b. National Recovery Admin. (NRA) 4. Saving Homes and Farms a. Home Owner’s Loan Corp. (HOLC) • Helped make mortgages more manageable • Give farmers incentives

The Dust Bowl, 1935– 40 This map shows the extent of the Dust Bowl

The Dust Bowl, 1935– 40 This map shows the extent of the Dust Bowl in the Southern Great Plains. Federal programs designed to improve soil conservation, water management, and farming practices could not prevent a mass exodus of hundreds of thousands out of the Great Plains.

Main Concerns 5. Retirement and Disability a. Social Security System (S. S. Act -

Main Concerns 5. Retirement and Disability a. Social Security System (S. S. Act - 1935) • Payments to help people who cannot help themselves b. c. d. Pensions Unemployment insurance Aid for disabled

The NEW DEAL 1932 Presidential Election 1928 1932The NEW DEAL 1932 Presidential Election 1928 1932
1932 election Conditions in America During 1932 election1932 election Conditions in America During 1932 election
The Election of 1932 The New Deal ElectionThe Election of 1932 The New Deal Election
1932 1932 In 1932 haben die Brder Knauf1932 1932 In 1932 haben die Brder Knauf
Hoovers Policies Restoring Hope Hoovers Philosophy Remained optimisticHoovers Policies Restoring Hope Hoovers Philosophy Remained optimistic
The Hoovers Advantage How Hoovers can help youThe Hoovers Advantage How Hoovers can help you
Hoovers Response to the Great Depression Herbert HooversHoovers Response to the Great Depression Herbert Hoovers
Hoovers Limited Strategy n n Hoovers beliefs wereHoovers Limited Strategy n n Hoovers beliefs were
The New Deal Roosevelts Election The 1932 PresidentialThe New Deal Roosevelts Election The 1932 Presidential
THE NEW DEAL 1 Election of 1932 HerbertTHE NEW DEAL 1 Election of 1932 Herbert
The New Deal 1933 1941 1932 Election HooverThe New Deal 1933 1941 1932 Election Hoover
New Deal Notes Election of 1932 First 100New Deal Notes Election of 1932 First 100