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Did Franklin D Roosevelt's Farewell To The American Dream

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That Saturday, millions turned on their Philcos and Zeniths to hear Roosevelt's answer to calamity. For months, the 51-year-old New York governor had promised little except a vague "new deal for the American people," especially "the forgotten man at the bottom of the economic pyramid." Now, in his inaugural address, the new president's voice rang out: "This great nation will endure as it has endured, will revive and will prosper. So, first of all, let me assert my firm belief that the only thing we have to fear is fear itself." The crowd stood almost silent in the cold wind. "This nation asks for action, and action now." For the first time since 1929, the capital heard genuine cheers. "We must act, and act quickly." The paraplegic president…show more content…
He was born into a family of rich people James and Sara Delano Roosevelt. Boys like Roosevelt went to boarding school when they were 12. Franklin however did not go to boarding school, he stayed home with his mom until he was 14. He then left his mom to go to Groton, where the famous Endicott Peabody…show more content…
The Great Depression was the deepest and longest lasting economic downturn of the western industrialized world. The Economy would never get back to full standard until 1939, when World War II started. Researchers have found 4 causes to the Great Depression. Historians have identified four interwoven and reinforcing causes of the nation's most severe economic crisis: the overly speculative and unstable foundations of the American financial sector; structural weaknesses in both American agriculture and industry; and the frailty of the international economy in the late 1920s and the early 1930s.By 1930 there were 4 million people unemployed. Thousands of people were out of jobs in early 1933. In the 1930’s there were up to 13,000,000 people unemployed. When Roosevelt was elected his first law was a bank holiday. Most americans could not buy the products that made the economy run. This meant that all banks would close until the government said that they were fit to
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