HIST 102 1st Edition Lecture 15Outline of Last LectureI. Election of 1932II. FDR the PresidentIII. First Hundred DaysIV. The Banking Crisis and the ResponseV. A New Deal legislationVI. The Second Bonus ArmyVII. The American People and the Great DepressionOutline of Current LectureI. The New Deal ProgramsII. The First vs. the Second DealIII. The End of the New DealCurrent LectureSuccess and Failures of the New DealI. The New Deal Programsa. Civilian Conservation Corpsi. Attempt to put people to work—gave work to males through new jobs that previously had not existed building dams, reforestation, draining swamps, etc.ii. Provided 3 million men work in George Washington National Park aloneiii. Removing these men from the workforce opened it up to othersiv. Extremely expensive program funded through deficit spendingv. Required men to send their money to their familiesb. Federal Emergency Relief Administration (FERA)i. Provided direct federal grants to states to distributec. Agricultural Adjustment Agency (AAA)i. Passed after spring planting, this was government’s attempt to cut overproduction in agriculture as surpluses were driving prices down by compensating farmers for cutting productionii. Extremely controversial—while people were starving, the government was paying farmers to grow less food These notes represent a detailed interpretation of the professor’s lecture. GradeBuddy is best used as a supplement to your own notes, not as a substitute.iii. Federal Surplus Relief Corp was the part of AAA that paid farmers to destroy/dump their crops/pigsiv. Paid $112 million to cotton farmersv. Outraged many peopled. Tennessee Valley Authorityi. In charge of hydroelectric powere. Social Security Act of 1935i. Established current social security systemII. The First vs. the Second New Deala. First New Deal was considered 1933-35 and was a demonstration of uncontrolledfederal powerb. The Second New Deal was 1935-41, during which there was more restraint after a shift due to some of the Supreme Court rulings deeming many policies unconstitutionalc. There was considerable tension between the executive/legislative branches and the judicial branchd. Second New Deal was considered more visionary/groundbreaking—i.e., the Works Progress Administration and the Federal Arts Project, which paid artists and writers for their worke. Some argued President FDR “meddled” too much and made the Depression worseIII. The End of the New Deala. FDR announced in 1939 that there would be no more new reform actsb. His political clout had dropped after the “courtpacking scheme” in which, in retaliation against the Supreme Court’s older, more conservative judges and theirrulings against him, he added seats of his chosen judges to the courtc. The New Deal did not work to make the circumstances of the Depression better, but it did not make them worsed. The New Deal left behind many legacies of reform that lasted, i.e. the (Federal Deposit Insurance Corporation) and a new democratic coalitione. Where the New Deal failed to resuscitate the economy, World War II was able