Print
Word
PDF|
This section contains 368 words (approx. 2 pages at 300 words per page) |
|
Roosevelt and the New Deal
Summary: Following his 1932 election victory, President Franklin D. Roosevelt began enacting the New Deal, which would enable the United States to survive the Great Depression and reverse its economic decline. The various programs associated with the New Deal, such as the Agricultural Adjustment Act and the National Industrial Recovery Act, gave government the power to intervene with solutions to social and economic concerns. The New Deal also applied to everyone, regardless of race or economic status.
The Great Depression began in 1929 at the start of the stock market crash. As a result of the decline of the economy, many lost their money, jobs, homes, and trust in the country. During this time, the 1932 election between Herbert Hoover and Franklin D. Roosevelt took place. Because Roosevelt campaigned for the "New Deal", which promoted security that people were desperate of, he won by a landslide.
Almost immediately after being inaugurated, Roosevelt called the Congress for a special session in which emergency legislation was passed. Roosevelt proclaimed a nationwide bank holiday and closed all the banks to stop depositors from withdrawing their money. Days later, he broadcasted his "fireside chats" and reassured many panicked Americans that the bank could be trusted.
To build the broken relationship between the government and the people, Roosevelt created the New Deal, programs which gave government the power to intervene with solutions...
|
This section contains 368 words (approx. 2 pages at 300 words per page) |
|
