FDR And The First 100 Days

The Depression

FDR was president at a time after the Wall Street Crash of 1929 when America was struggling economically and many Americans were quite poor.

Civilian Conservation Corpse 1933

Giving work to men between 17 and 24 years and was organized in the structure of the military.

National Labor Relations Act

It gave organised labour rights to bargain collectively with businesses and forced employers to allow unionisation of their employees.

The New Deal

It was a series of domestic programs enacted in the United States between 1933 and 1938, and a few that came later.

Social Security

Passed as the Social Security Act, it provided benefits (money) for the elderly and the unemployed.

FDR's Inaugural Speech 1933

Pledged to change America and encourage more federal help for Americans.

Glass-Steagall Act

The Glass-Steagall Act imposed regulations on the banking industry that guided it for over fifty years, until it was repealed in 1999. The law separated commercial from investment banking, forced banks to get out of the business of financial investment, banned the use of bank deposits in speculation.

The National Bank Holiday

The day after his inauguration, FDR closed all banks and declared a bank holiday, so he could take measures to restore the public's confidence in the banks.

National Bank Holiday

The day after his inauguration, FDR declared a "bank holiday," closing all banks in the country to prevent a collapse of the banking system. With the banks closed, Roosevelt took measures to restore the public's confidence in the financial systems; when the banks reopened a week later, the panic was over.

What Were The First 100 days

Time in which he introduced new acts and had asked for the congress to grant him powers as great as those given when the US were attacked by a forign country.

Ending The Gold Standard

To avoid deflation, FDR quickly suspended the gold standard. U.S. dollars no longer had to be backed up by gold reserves.