The Great Depression changed lives for the worst. After the stock market crash people lost money and unemployment raised to over 20%. This caused people to have no jobs and not able to support their families. If they didn't have work then they couldn't eat anything because they couldn't afford it. This happened because stocks dropped and businesses closed resulting in job elimination. Some things that allowed people to live without jobs were things the government set up. First they gave banks time to fix issues and Roosevelt gave fireside chats to reassure confidence. The Federal Deposit Insurance Corporation then insured the banks giving people faith that money would be safe and not all lost. The government also set up programs. The Public Works Administration provided jobs for unemployed by building things like bridges and power plants. Social Security also allowed elderly and disabled to have income allowing them not to be so …show more content…
I think that as a President it is your responsibility to help people who are struggling because of unemployment or disabilities. I think that by creating services that are helpful can help get people on the right track. I do understand what his opponents said and think that not everything should be handed to them because what would be the sense of work. I think that there needed to be help just not as much regarding handing them things. By using Works Progress Administration and the Civilian Conservation Corporation it allowed people to get jobs, which was highly needed and made them work for things through opportunities. Although some may argue these allowed people to be lazy, I believe that they gave people opportunities and allowed them to support their families. These programs allowed them to get jobs and to have something to do. Because of this I think the ideas of Roosevelt were good just as long as they were not helping to
In the Roaring Twenties, people started buying household materials and stocks that they could not pay for in credit. Farmers, textile workers, and miners all got low wages. In 1929, the stock market crashed. All of these events started the Great Depression. During the beginning of the Great Depression, 9000 banks were closed, ending nine million savings accounts. This lead to the closing of eighty-six thousand businesses, a European depression, an overproduction of food, and a lowering of prices. It also led to more people going hungry, more homeless people, and much lower job wages. There was a 28% increase in the amount of homeless people from 1929 to 1933. And in the midst of the beginning of the Great Depression, President Hoover did nothing to improve the condition of the nation. In 1932, people decided that America needed a change. For the first time in twelve years, they elected a democratic president, President Franklin D. Roosevelt. Immediately he began to work on fixing the American economy. He closed all banks and began a series of laws called the New Laws. L...
They way people interacted with others changed in the Great Depression. One of the main changes is the way the family was run. During the glutted 1920s, the father is the support of the family while the mother do the housekeeping. When the great depression struck, the men lost their jobs. They can no longer support their families. Because of self pride, many fathers left their families and never came back because felt that they lost their purpose in the
Still, Roosevelt's historical reputation is deservedly high. In attacking the Great Depression he did much to develop a partial welfare state in the United States and to make the federal government an agent of social and economic reform. His administration indirectly encouraged the rise of organized labor and greatly invigorated the Democratic party. His foreign policies, while occasionally devious, were shrewd enough to sustain domestic unity and the allied coalition in World War II. Roosevelt was a president of stature.
Roosevelt addressed the economic crises throughout his speech. Unemployment was a priority and he asks the nation to come together as an army to fight the war against this Great Depression. His plan was to produce more jobs and generate the money to bring the nation up from the ashes. He promises that to all that he can, as his constitutional duty, to resolve the issues crippling the
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, beginning in the last few months of 1929, impacted the vast majority of people nationwide and worldwide. With millions of Americans unemployed and many in danger of losing their homes, they could no longer support their families. Children, if they were lucky, wore torn up ragged clothing to school and those who were not lucky remained without clothes. The food supply was scarce, and bread was the most that families could afford. Households would receive very limited rations of food, or small amounts of money to buy food.
Through his many programs designed to help the economy, laborers, and all people lacking civil rights, President Roosevelt did not put an end to the Great Depression. However, he did adapt the federal government to a newly realized role of protector for the people. Perhaps Roosevelt’s greatest blunders occurred in his attempts to fix the economy. The Nation claimed that “some [of his programs] assisted and some retarded the recovery of industrial activity.” They went so far as to say that “six billion dollars was added to the national debt.”
President Roosevelt initiated the only program that could pull the U.S. out of the Great Depression. Roosevelt’s New Deal got the country through one of the worst financial catastrophe the U.S. has ever been through. Diggerhistory.info biography on FDR states,” In March 13 million people were unemployed… In his first “Hundred Days”, he proposed, and Congress enacted, a sweeping program to bring recovery to business and agriculture, relief to the unemployed and those in danger of losing their farms and homes”(Digger History Biography 1). Roosevelt’s first hundred days brought relief to the unemployed. He opened the AAA (Agriculture Adjustment Administration) and the CCC (Civilian Conservation Corps.). The administration employed many young men in need of jobs all around the country. Roosevelt knew that the economy’s biggest problem was the widespread unemployment. Because of Roosevelt’s many acts and agencies, lots of young men and women around the country were getting jobs so the economy was healing. According to Roosevelt’s biography from the FDR Presidential Library and Museum, “Another Flurry of New Deal Legislation followed in 1935, including the WPA (Work Projects Admi...
...pression. It was this that created Hoover’s conservative image. Moreover, Hoover's opinions changed from being against any government interference in the economy to being in support of the government encouraging employment by creating more jobs. Hoover differed from most presidents represented in Schlesinger's theory because touched upon private interest, transition, and public purpose, all within the one term of his presidency. Roosevelt was falsely credited with ending the Great Depression as a result of the success of his many programs instituted with the purpose of fighting against unemployment. He is therefore recognized by many as the more effective of the two presidents, which would then indicate that liberalism was more effectual than conservative ideas. However, in reality, Roosevelt was little more successful than Hoover in ending the Great Depression.
... to reorganize and redistribute. In his campaign speech, Roosevelt indicated that people’ living conditions were improved by hydroelectricity; he confidently said that people would continue to help for “the crippled, the blind, the unemployed, and the aged.”[ Richard Polenberg, The Era of Franklin D. Roosevelt 1933-1945, 55.] Roosevelt’ words showed that some of his goals were accomplished-- the TVA brought hydroelectricity which could be used to control floods; the Social Security Act provided welfare to people who needed helps. Roosevelt’s proposal about rights in An Economic Bill of Rights was a response to movement organized by people suffered from discrimination. Actually, people’s thoughts, feelings, and behaviors were all important things which strongly affected the president. These three influential speeches exposed social changes at that time.
The Great Depression era was a dark moment in history for American economic history, however often times we overlook the tremendous response from our federal government. President Roosevelt used the power of the presidency to pass several monumental pieces of economic legislation such as the Emergency Banking Act and the Glass-Steagall Act. Roosevelt’s administration also passed legislation that formulated various social programs such as the Public Works Program and the Federal Housing Authority. These programs were largely focused on providing temporary relief for American citizens. Furthermore, many Americans were employed to construct parks, roads, and bridges. World War II also played a big part in stimulating the American economy during this time period. Citizens at home were able to work on machinery and other military accessories to supply the troops during the war. Franklin D. Roosevelt and his administration brought America through the most difficult economic time in its history and they ushered in pragmatic progressive economic policies.
The Great Depression was felt worldwide, some countries more than others. During this time many Americans had to live in poor conditions. In the United states, 25 percent of the workers and 37 percent of all nonfarm workers lost their job(Smiley 1). Unemployment rates had increased to a 24.9 percent during 1933(Shmoop 1). Unable to pay mortgages, many families lost their homes. The cause of this was the Stock Market crash in 1929. Many investors of the stock market panicked and sold all their stocks. The results of this include frightened Americans withdrawing all their saving causing and hoarding it in their homes many banks to shut down and less money to circulate in the economy. Although the economy had taken a dramatic blow, there was hope. A new program was administered by the government to help people suffering from the depression. The Works Progress Administration (WPA) program helped improve lives of Americans affected by the Great Depression.
What he sees is a very inefficient way of running government due to the previous administration’s blunders. FDR plan for the government was to make sure all of the citizens would be taken care of almost in a socialist manner. To achieve this had wanted to progress many programs in the government that would be safe net for the American people if they fall in hard times. He called for many changes to the social welfare programs and challenged the rest of the government to help development them to make our country a better place. In our democracy which has a tendency to be manipulated he fought very hard to make sure that all citizens were entitled to the same benefits as others. What these programs were eventually came to be known as the second bills of rights which lead to equal protections for all citizens. What he wanted to ensure to the people was the in our country every man has the same opportunities to prosper as any
But for the majority of the country during one of our toughest times, he was what we needed. Without consulting history, it’s impossible to judge what he did very negatively. The old ways weren’t working, and while President Hoover tried to do something, it wasn’t enough. President Roosevelt was more successful with the actions he took for relief during the Great Depression. References: EyeWitness History editors.
The great depression led us to have a better economic system and changed economic thinking. Laws were passed in order to prevent another depression from happening. Although many years have passed since the great Depression, things that were seen back then are still being seen today in 2014. High unemployment rates and low income among families forced to need the help of welfare are seen today as they were seen during the time of the Great Depression. The contrast between now and then however, is that the economy is under more control due to the laws that were passed to prevent another depression.