President Franklin D. Roosevelt's Contribution To The Great Depression

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The Great Depression, initiated by the crash of the stock market, struck the core of America’s economy. The New Deal was introduced by President Franklin D. Roosevelt in efforts to mend up the wounds of the Great Depression. The New Deal was a series of domestic programs that started up in the 1930s to help provide relief for the jobless and homeless people of America. The Great Depression caused the national government to become more directly involved with the well-being of the citizens.
The earliest stages of applying the New Deal programs to the depression ridden America was largely for economic recovery, which proved successful. President FDR established multiple programs within the first three months of his term, all of which, he believed would help the economy recover. This period of time was known as the “Hundred Days.” He helped start new agencies, like the National Recovery Administration (NRA) and the Civilian Conservation Corps (CCC). The NRA worked with groups of business leaders to establish standards for output, prices, and working conditions. Eventually, the NRA faced criticisms because the bigger and stronger corporations basically controlled the standard making process allowing the large companies to take control of setting prices which tended to be high. Overall, the NRA did not change the …show more content…

It focused on economic recovery. In 1935, President FDR launched the second New Deal with focus on economic security. The goal of the second New Deal was to create protection for Americans from unemployment and poverty. One of the most successful programs brought on by the second New Deal was the Rural Electrification Agency (REA). Its purpose was to bring electricity to majority of the homes in America that lacked it. They hoped that in providing electricity, those homes would be inclined to purchase more household appliances, which would help with the lack of mass consumers in the

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