Great Depression And The New Deal

The Great Depression first started as early as 1928, but did not affect the United States until 1929. The Great Stock Market crash started the event of the Depression here in America, but was not the main cause to why it happened. During the early stages of the depression, President Hoover failed to help the economy and continued with his belief system of giving people the least help they needed, so they can earn themselves a rightful spot with pride, not with government’s help. The Great Depression was a very intense experience for us, even until today, the

The Great Depression was an economic downturn in America that lasted from 1929 until about 1939, making it the longest lasting depression ever experienced by the industrialized world. The stock market crash caused a chain reaction that involved problems such as unemployment, deflation, an increase in debt, and general poverty for lower class citizens. Attempts at escaping the depression weren’t altogether successful. In fact, most of the efforts resulted in high consumer debt as well as over optimistic loans given to the public by banks and business investors. The Depression caused severe political changes in the US as well as its obvious economic failures. After three years of the depression, Herbert Hoover lost the presidential election

The New Deal was a series of programs, including, most notably, Social Security, that were enacted in the United States between 1933 and 1938, and a few that came later. They included both laws passed by Congress as well as presidential executive orders during the first term (1933–1937) of President Franklin D. Roosevelt. The programs were in response to the Great Depression, and focused on what historians refer to as the; Relief, Recovery, and Reform: relief for the unemployed and poor, recovery of the economy to normal levels, and reform of the financial system to prevent a repeat depression.

President Franklin Delano Roosevelt knew immediate action had to be taken to stop the economy from crumbling more than it already had. The New Deal enforced many new policies that helped the nation start fresh and halted any further damage to the economy. Many new legislations were put in place, such as the Civilian Conservation Corps, the Civil Works Administration, the Federal Emergency Relief Act, and others intended to provide immediate jobs or financial assistance. These were all part of the relief stage, which was aimed to help those in urgent need of food, money and care. Founded in 1933, the Civilian Conservation Corps, or CCC, was one of the most successful legislations and it provided jobs for young men. It was a win-win because not only were the men employed and making money, but a part of their salary was sent home to their families, saving millions, and according to document 3, they began construction projects around America,

The Great Depression brought many changes to the United States of Americas but the New Deal allowed for the protection of the entire nation. At first political leaders like Herbert Hoover, felt that the depression was only temporary and failed to comprehend the depth that the nation was in. Women and minorities began losing their jobs faster than men but soon when white men were walking down the streets searching for an opportunity. When Roosevelt took office in date he would address the depression head on; saving the nation from imploding from the many violent strikes and protest around the nation. When Roosevelt created the New Deal he created Governmental organizations and programs that would not only help the white male in urban areas but the entire nation.

Arguably one of the best programs that the New Deal brought on was the WPA (Works Progress Administration). The WPA generated 3 million plus jobs alone for the young men in America (http://www.history.com/this-day-in-history/fdr-creates-the-wpa). The picture shown

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.

In the 1920s, Americans suffered to find work, put food on their children and have morale. In 1932, a new president, Franklin D Roosevelt, promised Americans an escape from the Depression with his plan called the New Deal. Although the New deal did not benefit all Americans equally, it succeeded in strengthening the economy and creating a safety net for Americans to rely on.

On Black Tuesday, October 29, 1929, the stock market saw its greatest crash in history. The next 10 years brought an economic depression the world had never experienced. Unemployment would soar, a banking crisis would lead to a global phenomenon, and Americans would find themselves struggling to survive. In addition, the government would step up their involvement in American lives, as they felt a responsibility to the people. This would lead to mixed feelings from the American people. The Great Depression affected people in many different ways. For some it led to their demise, while it brought others closer together than ever before.

“I pledge you, I pledge myself, to a new deal for the American people,” President Franklin Delano Roosevelt said after winning his party’s nomination in 1932 ("A New Deal for Americans"). The 1930s was a time of great economic depression; in response the New Deal was FDR’s plan for America’s recovery. By 1933, when FDR took office, one in four Americans was unemployed. Furthermore, there was widespread hunger, malnutrition, overcrowding, and poor health. The New Deal was made to combat these tragic conditions and it did so through the means of welfare and government intervention. Indeed, the New Deal was a radical change to the way America had

The New Deal made by President Franklin Delano Roosevelt was a big success and brought America out of the Great Depression. The New Deal was a set of laws and organization that were brought into America during Roosevelt first one hundred days in office. The New Deal got many people jobs and saved banks from closing. Overall The New Deal get America back on its feet again.

I think that the New Deal was a huge success. In the 1930s it was an unsure time. People were losing their jobs. The banks we losing money and the people as well. When FDR was elected President the first things that he did was set up the New Deal. The New Deal did a lot of things for the country. Some of it was just a temporary fix, but some the acts that was put it back then are still used today. The New Deal helped to create jobs, money and put restrictions on the banks.

The nation had just fell into its largest economic depression it had faced ever. President Herbert Hoover had been blamed for his lack of control and care for the impending crash of the stock market. Roosevelt was tasked with pulling the country out of its depression and returning it to its full potential. The New Deal is characterized by the three R’s, relief for the unemployed, recovery of the economy through federal spending and job creation, and reform for the legislation to regulate the economy. To accomplish this Roosevelt had to expand the scope and size of the federal government in the economy and regarding welfare. The New Deal began with the creation of what’s known as the “alphabet soup” of agencies due to their simple abbreviations.

The period of Great Depression 1929-1939 was very crucial, worst economic recession period in the history of industrialized world. October 24, 1929 was a day verifiably known as "Black Thursday", the United States securities exchange slammed because of financial specialists in the market beginning to "auction their offers, which brought about a decrease in stock costs” (Richard H. Pells, 2006; Christina D. Romer, 2008). This economic recession led to different consequences that caused lots of problems. Many banks failed, unemployment rose, world trade collapsed and there were many other problems that Americans were facing during this period. (History.com Staff, 2009)

The Great Depression was a result in the downfall of the economy in the early 1930's. This was a trying time for the American people. In 1929 on the day of "Black Tuesday" the stock market crashed and jobs were lost. People were losing their homes and all means to provide their families of a quality lifestyle. In 1932 Franklin D. Roosevelt was elected President and created a plan to provide relief to the American people. This is when the New deal comes into play. The New Deal was a list of programs that would help to provide aid to Americans during the Great Depression era. It helped to take back control of the economy, including banks and jobs. The New Deal also was the introduction to Social Security for the elderly, and created a more secure