Features of the New Deal

4921 WordsJul 10, 201820 Pages
Features of the New Deal When Roosevelt won the American Presidential Elections in 1932, he needed to act quickly to provide the general public what he had promised. His first hundred days in office was a time of dramatic change to the American system of government. Never before had American Presidents been so involved with the every day life of their people or worked so hard to improve the country in almost every aspect affecting the lives of the public and the economy. However, it can not be doubted that the period that followed the Wall Street Crash in 1929 were times of desperation and depression for the vast majority of people from all walks of life. As people obviously thought during the…show more content…
Roosevelt acted quickly, ordering all banks to stay closed for four days whilst he tried to convince the public to put an end to withdrawing their money and return the money they had already taken out. He also established the Security Act, which forced all banks to provide full public information and only allowing the trustworthy banks to reopen. He then gave grants to these banks so that they could pay back debts and would no longer have to risk the prospect of becoming bankrupt as they once again opened. Possibly the hardest hit group of people in American society by the Great Depression were the farmers. The problem was that American farming methods were simply too efficient and productive creating a surplus in food which therefore, started to become worth next to nothing. Farmers, in particular small-scale, could no longer make any profit and many were forced to sell up and move to the cities in search of more profitable jobs. Roosevelt realised that he needed to once again raise the prices of the food being produced in order to reassure farmers that they would be able to make a living. Crops literally had to be incinerated, as no one needed the amount being produced. It was impossible to sell it abroad due to the tariffs that had been introduced by most countries against American goods in retaliation to taxes
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