Fdr Great Depression Analysis

Herbert Hoover was elected president of the United States on November 19, 1928; unfortunately, less than eight months later, the stock market crashed. Hoover mistakenly considered this crash as only a passing point for America. But it was only three years later when economic slowdown and over speculation brought America into an upcoming Great Depression. This was a devastating blow for Hoover, his administration, and the American people. President Hoover attempted many ways to fix the economy. He founded new government agencies and encouraged cooperation between government and business to try to stabilize prices as well as attempt to balance the budget. These relief attempts might have shown positive outcome in the early years of the depression, but as the economy worsened, calls for more government involvement increased.

Franklin D. Roosevelt’s plan helped make the economy get stable through programs that he started, helping create more jobs for the unemployed. He passed bills that helped both the American people and its environment. For example, new roads and bridges were built. Another one of FDR’S efforts to get out of the depression was to enter WWII. Document 6 shows a cartoon of how much was produced for the war and shows Uncle Sam working, too. Overall, FDR’s decision to enter the war was the greatest impact on the Great Depression because they got out of it. Herbert Hoover was a terrible leader in many Americans’ views because they believed he did not do enough for the people and was more supportive toward big businesses. He gave money to the rich so that they would pass it down to the poor but instead the rich got richer and the poor got poorer. Another downfall of Hoover was Hoovervilles. These were a collection of poor people without homes. The name was given as a disgrace to Hoover. In result, FDR was a more favored president during the Great Depression than Hoover.

The America in the 1930s was drastically different from the luxurious 1920s. The stock market had crashed to an all time low, unemployment was the highest the country had ever seen, and all American citizens were affected by it in some way or another. Franklin Delano Roosevelt’s New Deal was effective in addressing the issues of The Great Depression in the sense that it provided immediate relief to US citizens by lowering unemployment, increasing trust in the banks, getting Americans out of debt, and preventing future economic crisis from taking place through reform. Despite these efforts The New Deal failed to end the depression. In order for America to get out of this economic

Towards the end of the 1920’s the economy in America took a drastic turn. This was when Calvin Coolidge’s presidency had ended and changes in the government began to take place. “Just seven months after Herbert Hoover entered the White House, economic trouble mocked his campaign statement about being near ‘the final triumph over poverty.’ On October 24, 1929 panic swept the New York Stock Exchange as nearly 13 million shares changed hands” (Hamilton). The start to Hoover’s presidency was also the start of the Great Depression. His term consisted heavily on working on taking steps to bring America out of the drastic economic fall that they had just entered. He began taking action by launching public works programs, tax reductions, and the formation

These actions are similar to the actions taken by Theodore Roosevelt during the progressive era. The ideas of the National Recovery Administration contains ideas that further the ideas and events during Theodore Roosevelt’s presidency. During his presidency, Theodore Roosevelt intervened in the coal strike of 1902, where he showed strong support for the workers. This is similar to Franklin D. Roosevelt’s New Deal policies that involved the Federal Government directly helping the working class people. Furthermore, the progressive era showed strong support “for legislation regulating child labor and workplace safety” (Reform). Through the National Recovery Administration, child labor was ended (The Great). Even after the Supreme Court ruled the National Recovery Administration unconstitutional in the Schechter case, the basic principles of both the progressive era labor union reforms and the National Recovery Administration were carried through in Franklin D. Roosevelt’s 1938 Fair Labor Standards Act (FLSA). This new act readministered many of the regulations issued by the National Recovery Administration; this act “set a minimum wage, maximum working hours, and forbade children under 16 from working” (The Great). Similarly, by 1910 of the progressive era, state laws were already established that regulated the minimum age for children to work at an age between 12 and 16 and also set a maximum length to a workday and a

President Herbert Hoover, a Republican, had control of the United States from 1929 to 1933, the beginning of the economic downfall. Hoover created a laissez-faire government; the government was not involved in everyday business, instead it was a very hands off approach and daily life just took its path. When Franklin D. Roosevelt became president in 1933 the economy was now deep in a huge downward spiral, and he raised a new Democratic approach to run the government and United States. The United States was in for a lot of reform movements being that a Democrat was president, and something needed to be done to prevent the status of the United States to fail even more. Franklin D. Roosevelt responded to the problems of the Great Depression

Historians argue what caused the Great Depression, some say it was due to the stock market, others say it may be the war debt or overproduction. To believe the Great Depression was caused by only one event is naive. It was caused by a multitude of problems that the government failed to fix.

This lack of complete dedication to private interest or public purpose is further displayed in Documents B and C where Hoover stresses the importance of the individual in ending the Depression while also assuring government support for job production if the situation required it. Hoover's speeches are remarkably similar to Roosevelt's speech in Document E. Here, even during the Depression, Roosevelt stressed the importance of balancing the budget unless unemployment required the government to spend money stimulating the economy. Instead of Hoover's desire to continue restricting government, Roosevelt wanted to balance the budget. The Depression created the need for government intervention and an unbalanced budget as shown in Document F. However, despite a few efforts by Hoover to create jobs, he still seemed much different than Roosevelt who insisted in 1936 that America must not go back to supporting Conservatives who protected private interest unjustly. (Document G)

The country was going through an ongoing rough depression that the previous President Hoover left in the road for his processor, President Roosevelt. Although not only President Hoover decisions and approval of laws added to the great depression, but the

The Great Depression was a time of great economic tragedy during the 1930’s. October 24, 1929 was the day of the stock market crash, causing economical shortage everywhere, even globally, and this scared everyone, including the rich. This day was/ is known as “Black Thursday”, where over 2.9 million shares were traded. On “Black Tuesday”, five days later, more than 16 million more shares were traded in another wave of panic. Many investors then lost confidence in their banks and demanded deposits in cash which forced the banks to liquidate loans in order to supplement their on hand cash reserves. By 1933, around 15 million Americans were unemployed and nearly half of the country’s banks had failed. This stopped Americans from purchasing which then led to less production of goods and decreased the amount of needed human labor. In the end, millions of shares ended up worthless, and those investors who had bought stocks with borrowed money were wiped out completely.

Diseases cause malfunctions and disorders in the human health system and might completely change a human’s life. Franklin D. Roosevelt, the thirty-second president of the United States, was diagnosed of Infantile Paralysis, which weakens the functions of muscles. On August 11th, 1921, FDR, the newly elected president of New York’s Boy Scouts, suddenly found that both of his knees stopped supporting him from standing up. He then found that he could not move from the chest down. Though most of the symptoms got recovered later, the part from the waist down was permanently paralyzed. Dr. William Keen gave FDR a physical check and diagnosed him of temporary Paralysis. A few days later, Lovett diagnosed him of permanent Paralysis and said that it

President of the United States, Franklin Delano Roosevelt, in his address to the American people, Fireside Chat on Banking, elaborates on why he closed all banks following the financial crash of 1933. Roosevelt’s purpose is to ease the fear in his country’s people. He adopts a succinct and reassuring tone in order to regain trust in the banking system and American government.

In response to the Stock Market Crash of 1929 and the Great Depression, Franklin D. Roosevelt was ready for action unlike the previous President, Hubert Hoover. Hoover allowed the country to fall into a complete state of depression with his small concern of the major economic problems occurring. FDR began to show major and immediate improvements, with his outstanding actions during the First Hundred Days. He declared the bank holiday as well as setting up the New Deal policy. Hoover on the other hand; allowed the U.S. to slide right into the depression, giving Americans the power to blame him. Although he tried his best to improve the economy’s status during the

Congress passed the National Industrial Recovery Act on June 16, in 1933. This was intended to plan and have cooperation within three sectors business, labor, and government. The industry had government support because it wanted to reduce competition and unjust practices. A benefit of this is that it made “concessions to labor that were thought to be in the national interest and would promote recovery” (287). Tittle II proclaimed a national state of emergency and delayed many antitrust laws. It also initiated the NRA and instructed that the “government and industry to draw up codes of practice as to business competition and hours and wages” (287). There were public hearings held for the NRA to guarantee that the interest of business, labor, and government to be upheld by each individual industries. Section 7a made sure that employees had the right to join individual unions and were able to designate an officer and the officer’s job would be to bargain. President Roosevelt appointed Gen. Hugh Johnson, as the head of the NRA in his first three weeks Johnson was able to convince the heads of the textile industry to agree a first set of rules that would abide by the NRA

This is a picture of three children living in an automobile due to the Great Depression and the stock market crash of 1929. The Great Depression was a severe economic downturn that affected many people. It lasted for over a decade, from 1929 until the early 1940’s. The over-extended stock market crashed, wiping out the savings of most Americans, leaving everyone with little or no money. During this time period many families lost their homes. This picture is a good example of a family that most likely lost their home and were forced to live in their car. This family can no longer afford a home, new clothes, or shoes. Their clothes are very dirty and the children look as if they have not had a bath in a while. I chose this picture because