Franklin Delanor Roosevelt (FDR) is responsible for creating and establishing the New Deal which saved the United States after the Great Depression. The New Deal was important because the United States was in a major financial hole and had to get itself out. After the stock market crashed in 1929 there were millions of people who were struggling just to get something to eat and have a roof to sleep under. The program that FDR created made it possible for the U.S. to get up and dust itself off. It created jobs and many organizations that were responsible for a lot of the public works and state department organizations that we still use today.
The new deal also set the U.S. up for success if something financially wrong happened again by establishing many fail safes such as federal bank guarantees, stock regulations, social security, unemployment and other programs that would allow this country to recover. These programs allowed unemployment to rise from a whopping 25% to 1.9% giving millions of Americans the chance to start over. (Location 146-52, American-Made: The Enduring Legacy of the WPA: When FDR Put the Nation to Work, Kindle Version; Nick Taylor) This New Deal also came just in time for the U.S. to help out and eventually defeat the Nazi communist party.The New Deal was started by Franklin Delano Roosevelt on Thursday, March 9 1933, the same month he took office. (Location 5557-64, FDR, Kindle Version; Jean Edward Smith) This contribution was started because of the Stock Market Crash twice within 5 days difference on Thursday, October 24 1929 and Tuesday, October 29 1929.
The New Deal wasn’t initiated until nearly 3 and a half years after the Stock Market crashed because President Hoover didn’t take the initiative to ...
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...aced by the WPA (Works Progress Administration) and helped give millions of Americans jobs.
As president of the United States I would say that FDR wanted to do everything in his power to fix the nation that he vowed to assume responsibility for. I understand from Smith’s book that FDR was a very popular and man of power that many agreed with and had the backing of congress and senators all over the nation to do whatever was needed to get done. With the backing he received FDR must have thought that people had a lot of faith in him and as long as he used his better judgment and gave everything he did his full attention that he would do his best and the country would reap the benefits.
Works Cited Page
1. FDR, Jean Edward Smith, Amazon Kindle
2. American-Made: The Enduring Legacy of the WPA: When FDR Put the Nation to Work, Nick Taylor, Amazon Kindle
Richard Kinderdall, The New Deal as Watershed: The Recent Literature, The Journal of American History, Vol 54, No.4 March 1968 p.845
President Franklin Roosevelt was one of the greatest presidents in the history of the United States. He created economic stability when the United States was suffering through the Great Depression. In his first three months of office, known as the Hundred Days, Roosevelt took immediate action to help the struggling nation.1 "In a period of massive unemployment, a collapsed stock market, thousands of banks closing for lack of liquidity, and agricultural prices fallen below the cost of production," Roosevelt passed a series of relief measures.2 These relief measures, known as the New Deal, provided help for individuals and businesses to prevent bankruptcy. Also, the New Deal is responsible for social security, welfare, and national parks. A further reason why Roosevelt is considered a great president is because he was a good role model for being determined in his...
The Great Depression of 1929 to 1940 began and centered in the United States, but spread quickly throughout the industrial world. The economic catastrophe and its impact defied the description of the grim words that described the Great Depression. This was a severe blow to the United States economy. President Roosevelt’s New Deal is what helped reshape the economy and even the structure of the United States. The programs that the New Deal had helped employ and gave financial security to several Americans. The New Deals programs would prove to be effective and beneficial to the American society.
... programs were being enforced so quickly. All in all, President Roosevelt meant well and aimed to keep the nation at the peak of overcoming the Great Depression. The First New Deal had its withdraws but also had advantages. It is important for people in today’s society to understand that without the efforts of FDR to enact the New Deal, that the nation would have been in distress for much longer than it was. There is even a possibility that the nation could have fell into more depression in the long run if federal laws and programs were not made. By looking at the outcomes of the First New Deal and the Great Depression, we can learn a valuable lesson about money and stock management. It takes the consumer to keep the nation in good standing. Without the upkeep of the market, this can hurt many people in the country through loss of work, money, and emotional relief.
Assessment of the Success of the New Deal FDR introduced the New Deal to help the people most affected by the depression of October 1929. The Wall Street Crash of October 24th 1929 in America signalled the start of the depression in which America would fall into serious economic depression. The depression started because some people lost confidence in the fact that their share prices would continue to rise forever, they sold their shares which started a mass panic in which many shares were sold. The rate at which people were selling their shares was so quick that the teleprinters could not keep up, therefore share prices continued to fall making them worthless. Also causing many people to lose their jobs as the owners of factories could not afford to pay the workers wages.
The New Deal was a set of acts that effectively gave Americans a new sense of hope after the Great Depression. The New Deal advocated for women’s rights, worked towards ending discrimination in the workplace, offered various jobs to African Americans, and employed millions through new relief programs. Franklin Delano Roosevelt (FDR) made it his duty to ensure that something was being done. This helped restore the public's confidence and showed that relief was possible. The New Deal helped serve America’s interests, specifically helping women, African Americans, and the unemployed and proved to them that something was being done to help them.
“A whole generation of Americans had grown up knowing no other president. He was a presence in their living rooms, he had called them my friends, and he had been at the helm of the two worst crisis of the century.” (“FDR”) The people loved his optimism and his sympathy with the less fortunate. (Perkins, 7) He was the people’s champion and they elected him to office four consecutive times. (Schlesinger, Time) President Roosevelt rescued America during the hardship that was the great depression. His decision to enter World War II played a substantial role in defeating fascism. Roosevelt believed in a multilateral effort in ending conflicts around the world. Franklin D. Roosevelt left an indelible mark of progress on American history.
It started off with momentum and true intentions to jumpstart the economy. Various relief programs were enacted with intent to help those who could not help themselves, to ease the burden of such a low quality of life created by the Great Depression. Eventually though, the New Deal ran out of steam, people were still waiting for relief after several years. They started to question the effectiveness of the New Deal, itself. Roosevelt started to find himself and his board of experts running out of ideas to improve the economy. It was only after the New Deal when the economy finally started to right
Each of these aspects apply to different people and are funded by different groups. The New Deal occurred in 1933, when 13 million American workers lost their jobs. As a result of the massive job loss, thousands of workers demanded union recognition, unemployed Americans demanded food and shelter, and farmers demanded higher processing of their goods. Federally funded jobs and social welfare programs to help the poor were set up by President Roosevelt in order to please the demands of the American people.
Coming into the 1930’s, the United States underwent a severe economic recession, referred to as the Great Depression. Resulting in high unemployment and poverty rates, deflation, and an unstable economy, the Great Depression considerably hindered American society. In 1932, Franklin Roosevelt was nominated to succeed the spot of presidency, making his main priority to revamp and rebuild the United States, telling American citizens “I pledge you, I pledge myself, to a new deal for the American people," (“New” 2). The purpose of the New Deal was to expand the Federal Government, implementing authority over big businesses, the banking system, the stock market, and agricultural production. Through the New Deal, acts were passed to stimulate the economy, aid banks, alleviate environmental problems, eliminate poverty, and create a stronger central government (“New”1).
In his presidential acceptance speech in 1932, Franklin D. Roosevelt addressed to the citizens of the United States, “I pledge you, I pledge myself, to a new deal for the American people.” The New Deal, beginning in 1933, was a series of federal programs designed to provide relief, recovery, and reform to the fragile nation. The U.S. had been both economically and psychologically buffeted by the Great Depression. Many citizens looked up to FDR and his New Deal for help. However, there is much skepticism and controversy on whether these work projects significantly abated the dangerously high employment rates and pulled the U.S. out of the Great Depression. The New Deal was a bad deal for America because it only provided opportunities for a few and required too much government spending.
Do you know what it’s like to live in a cardboard home, starve, and raise a family in poverty? Unfortunately, most Americans in the 1930s went through this on a day-to-day basis. In 1929 the stock market crashed. Many people lost their life savings; they invested everything they owned in a failing stock market. The country was falling, everyone needed strong leadership and help from the government.
The era of the Great Depression was by far the worst shape the United States had ever been in, both economically and physically. Franklin Roosevelt was elected in 1932 and began to bring relief with his New Deal. In his first 100 days as President, sixteen pieces of legislation were passed by Congress, the most to be passed in a short amount of time. Roosevelt was re-elected twice, and quickly gained the trust of the American people. Many of the New Deal policies helped the United States economy greatly, but some did not. One particularly contradictory act was the Agricultural Adjustment Act, which was later declared unconstitutional by Congress. Many things also stayed very consistent in the New Deal. For example, the Civilian Conservation Corps, and Social Security, since Americans were looking for any help they could get, these acts weren't seen as a detrimental at first. Overall, Roosevelt's New Deal was a success, but it also hit its stumbling points.
F.D.R. had great leadership qualities he passed many forms in congress that probably would have failed otherwise would have failed. Roosevelt was elected the most of any other president in U.S. history. That proves that he could sway large numbers of people to believing that his way of thinking was the best. In February 1937, he asked Congress to authorize him to appoint as many as six new justices to the Court. A great controversy swept Congress and the country. Many people denounced the proposal to "pack" the Court. Roosevelt's plan failed, but the gradual retirement of the older justices brought more liberal ones to the Supreme Court. Even while the debate was going on, the Court had modified its decisions. Thereafter it approved of most government regulation of the nation's economy. Roosevelt was like a mad inventor he would come up with a plain to fix a problem and if I didn't work he would keep trying to cerotic it in tell he made it work to help the country. Some people criticized Roosevelt saying he tried to do to much, and even went as far as saying that he overstepped his boundries as being president. But in my option Roosevelt was probably the most important part of helping our country out of the depression.
But Roosevelt never intended to overthrow the constitution, nor did he wish for an end to capitalism and individualism. He harboured the American Dream just like the millions of people who sent him to the White House a record four times. That, indeed, was precisely why they loved him so much: because the American Dream had turned sour in the Great Depression, and they trusted that he would be able to find a way back towards it. As Europe gave in to totalitarianism, the New Deal set out to show that democratic reform represented a viable alternative.