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President Hoover's New Deal During The Great Depression

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The Great Depression was a economic depression that took place during the 1930s. It was the mistake that president Hoover(31st) made. He said that everything will be ok,the economy will be fixed by itself. And it didn’t at all. The year before Hoover became the president which is 1932,the GDP was 173. And the last year of his term the GDP was 133. He didn’t do anything with the stock market and bank crush,because he thought they could be fixed by themself. And it was totally wrong. Meanwhile he let the reporter wrote on the newspaper that everything is good, we will be fine. He lied to people when he was a president. After that Hoover lost the election of 1933, Franklin Roosevelt became the thirty-second president in the United State of American. He made a lot of things to help people,such as Public Works Administration (PWA), Civil Works Administration (CWA), Federal Emergency Relief Administration (FERA), etc.These things were called “The New Deal”. And the basic goal was to let people get a job and stay away from hunger.
The New Deal was moderate success, millions of jobs were created by the government. It was helpful for the people who did not have a job that time. But it was also not helpful for people who had a lot of money in their own packet. First record to the …show more content…

It helped a lot of unemployment people and created a lot jobs. But still did not solve the problem that are still around us. How should we pay for the tax, what is the way that can let everyone feel comfortable. Not too much taxes, also not too less. If the people of the country are all poor, so they would love the New Deal, because you will get a job and your house back from it. If you are rich people, you will pay more taxes to the government. During 1930s, only few rich people. Only 600 families own 87 percent the wealth of the country, which is a surprise. The economy was already crushed, but they still have the money in their own

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