Aim – What measures did FDR introduce to deal with the Depression?

StarterMatch up the Heads and Tails below to match the

definitions:HEADS TAILS

Overproduction - People took bank loans to buy shares on the stock market and then were unable to make a profit.

Unequal distribution of wealth -

Once the market became saturated (people all had the items they needed) factories were forced to make fewer goods, needing fewer workers.

Tariff policy - Prices fell dramatically as investors tried to sell their shares. $8000 million lost as a result.

Speculation on shares - Even during the boom years many American families lived below the ‘poverty line’ the Depression added to this.

Wall St. Crash, 1929 - Americans had put a tariff on foreign goods so other countries had done the same making it very difficult to sell US products abroad.

Roosevelt’s measures - summaryThere were 2 candidates for the 1932 presidential

elections – Herbert Hoover (Republican president) and FDR (Franklin D. Roosevelt, a Democrat).

Hoover said they had to tough out the Depression but FDR offered ‘a New Deal for the American public’.

FDR worked out a way to restore the cycle of prosperity.

He worked hard during his first 100 days sorting out the banks and setting up the ‘Alphabet Agencies’

He also took time to go on radio to speak to millions of Americans directly in his ‘fireside chats’.

Was the New Deal a success?Some Americans (especially Republican

supporters of Hoover) thought that FDR was acting like a dictator and wasting the public’s tax money.

Many members of the Supreme court were Republican and they often worked against him.

Black people did not benefit from the New Deal.New Deal only worked when backed by lots of

government money.Not until WW2 from 1939 that America

recovered completely with the demand for American resources abroad high.