Key Concepts from President Franklin D. Roosevelt's New Deal Policies and their Impact

Population Changes in the Great Plains

  • Regions affected: Dakotas, Nebraska, Kansas, Oklahoma
  • Trend: Significant population decline as people migrated towards California via Route 66, known as the National Highway.

Indian Reorganization Act of 1934

  • Also known as the Indian New Deal.
  • Objective: Restore Native American self-governance, enabling the practice of their native customs and languages, reversing the previous impacts of the Dawes Act aimed at Americanization.
  • Result: Positive shift for Native American communities, although not all tribes supported the act; concerns existed that some tribes might become "museum pieces" instead of modern communities.
  • Approx. 200 tribes organized under this law.

SEC (Securities and Exchange Commission)

  • Function: Regulates the stock market to protect investors and maintain fair markets.
  • Key focuses: Insider trading regulations and preventing excessive debt through practices such as buying on margin.
  • Established reforms to help prevent another stock market crash.
  • Awareness of global stock market interconnections; declines or crises in one nation's market reflect across the globe.

Tennessee Valley Authority (TVA)

  • Purpose: Flood control, electricity generation, and job creation in the Tennessee River Valley.
  • Criticism: Seen by some as a government intrusion into the electricity sector, which some believe should be handled by private corporations.
  • Impact: Provided cheap electricity to rural communities and improved living standards.

Federal Housing Administration (FHA)

  • Function: Encourages home ownership by providing loans at lower interest rates to help individuals improve or purchase homes.
  • Continues to aid first-time homebuyers today.

Social Security Act (1935)

  • Often referred to as SSI (Social Security Insurance).
  • Goals: Provide unemployment insurance and pensions for the elderly.
  • Originally funded through a payroll tax on employers and employees.
  • Initially limited benefits but has since expanded significantly; criticism regarding government management and fund security.

Wagner Act (National Labor Relations Act)

  • Purpose: Protect the rights of workers to organize unions and engage in collective bargaining.
  • Established the National Labor Relations Board (NLRB); this body remains significant in resolving disputes between labor and management.
  • Underscores the importance of negotiated agreements over strikes, which can be detrimental to the economy.

Fair Labor Standards Act

  • Created minimum wage laws and established maximum hours for work.
  • Initial wage was set at 40 cents an hour; regulations on child labor established, particularly in non-agricultural sectors.

1936 Election Overview

  • Roosevelt's re-election against Alfred M. Landon, a moderate Republican with a more conservative approach to the New Deal.
  • Election results highlighted a significant support for Roosevelt, who won 46 out of 48 states, reinforcing public approval of his New Deal policies.

Roosevelt's Second Term Agenda

  • Plans to address judicial challenges facing New Deal reforms: Proposed court packing by adding more justices to the Supreme Court due to frustrations over rulings against his policies.
  • Changing dynamics of the Democratic Party, especially regarding the Black vote shifting predominantly to Roosevelt's party, despite continuing issues of discrimination and segregation.