5.4.

3 Explain the American governments response to the Great Depression in the New Deal policies of President Franklin Roosevelt, including the Civilian Conservation Corps, the Federal Deposit Insurance Corporation, and the Securities and Exchange Commission, and the Social Security Act. President Franklin Roosevelt proposed a wide range of programs, called the New Deal, which focused on three goals: relief, recovery, and reform. Stop and think. Why did we need relief, recovery, and reform?
We needed relief, recovery, reform because the economy had gotten worse and the stock market crashed and we got into the great depression and with recovery we would be able to recover from what caused hoboes to take the streets and caused people to build houses of cardboard boxes called hoovervilles, and reform would reform the world into a better world, and relief would allow a better world for the poorest Americans.

Relief programs set out to assist with the feeding and housing of the poorest American citizens. While these programs offered relief to some in the short term, they had little lasting impact on the economy. The Civilian Conservation Corps was a relief program designed to provide young men who were roaming the countryside in search of work the opportunity to build parks and plant trees. The CCC could also be considered a recovery program because its purpose was also to put money into the hands of consumers; who would in turn spend it, and thus help businesses to recover. Recovery programs had little immediate effect and the depression did not end until military spending for World War II put people back to work.. Civilian Conservation Corps (aka CCC) What did it do? Summarize the RELIEF it Summarize the RECOVERY it provided. provided. The civilian conservation corps It provided young men a place It provided the young men with was a relief program designed to to house themselves and their money and they were the provide young men who were family and have a job. consumers who would spend it roaming the countryside in search and help businesses to recover. of a job and it gave them an opportunity to build parks and plant trees.

Reform programs, such as the Federal Deposit Insurance Corporation, attempted to reform the system and prevent the conditions that caused the Great Depression. The FDIC helped to restore and maintain confidence in the banking system and prevent runs on the banks because the government insured the deposits of investors. Roosevelt felt that the public view of the banking industry was demoralized, and it was essential to restore confidence in the financial system.

Federal Deposit Insurance Corporation (aka FDIC) What did it do? Summarize the REFORM it provided. The Federal Deposit Insurance Corporation It helped change the system and prevent the attempted to reform the banking system and conditions of the Great depression that made prevent the conditions that caused the Great everything in the world harder. Depression.

Social Security was also designed to reform the system to ensure that the disabled and the elderly would have some income and that the unemployed were protected against lay-offs. Workers in agriculture and domestic service, which employed many African Americans, were not covered. Social Security had no immediate impact in ending the Depression and offering relief to those who suffered as a result of it. However, it has provided a secure retirement for many citizens and significantly reduced poverty among the elderly since that time. Social Security Act (aka SSA) What did it do? Summarize the REFORM it provided. It reformed the system to ensure that disabled It ensured that the elderly and disabled had some and the elderly were able to gather income and income and unemployed were protected from laythat unemployed were protected against lay-offs. offs.

Finally, Roosevelt also lobbied Congress to establish new regulations on the financial sector of the economy. Congress created the Securities and Exchange Commission (SEC) to regulate trading on Wall Street and curb out-of-control high-risk investments that had led to the Crash of 1929. Securities and Exchange Commission (aka SEC) What did it do? Summarize the REFORM it provided.

It regulated trading on wall street and curb and kept the people from investing too much and losing it all.

The reform it provided was it regulated the trading that caused the stock market crash of 1929.

The role of the federal government greatly increased as a result of the New Deal response to the Great Depression. Some of the New Deal programs, such as Social Security and the FDIC, are still in use today. Stop and think. What effect did the New Deal have on the role of the federal government in American society?

The effect the New Deal had on the role of the federal government in American society was it changed because the New deal made the government better because all the people in the U.S. were in the Great Depression and the new programs made life easier and that means that the federal governments role began to grow in peoples lives. The programs were programs like the FDIC which gave people insurance for their money like if a bank closed down the people wouldnt lose their money. The SSA made sure disabled and e lderly had money in the future.

Reflect. What were the short term and long term effects of the New Deal programs on American society? The CCC has a short term effect that gave young men jobs back then but is no longer in effect but its long term effect is it gave the young men money which was used to rebuild businesses because they used that money to buy things from businesses. The FDIC has a long term effect on the lives of people because it insured that when a bank closed down with your money inside you still would keep it and it is still in effect today. The SSA had a long term effect because it didnt affect lives right away and it is still being used ever since the day the program was put in place. The SEC program had a long term effect since it is still in effect and it kept the stocks from going to high and kept something like the Great Depression from ever happening again.