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Franklin D. Roosevelt's Response To The Great Depression

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In the following days of October, an incredible misfortune occurred. This event would soon be known as “Black Tuesday”. This unfaithful day was the day where the stock market plummeted leading to a great crash in the economy. This led plenty of individuals to become homeless and live in a state of poverty. Many of these individuals began to create their own society's known as Hoovervilles. Hoovervilles could be understood as an enormous tent city within New York's Central Park. This era was known as the Great Depression, the worst economic downturn in U.S. history. Franklin D. Roosevelt responded in a diligent way mainly due to the fact that Roosevelt introduced The New Deal, which included many programs that served as benefactors to the public. Furthermore, Roosevelt's responses were quite effective because the unemployment rate decreased during his presidency. Lastly, the role of the federal government changed because they became more indulged in the lives of its citizens. …show more content…

Roosevelt’s responses to the Great Depression was effective mainly due to the fact that the percent of unemployment decreased during his time as president. For instance, in document F, the diagram explores how in the following years from 1929- 1943 there is an increase and decrease in unemployment. The diagram highlights how after the year of 1938, the percent of unemployment decreased more than fifty percent.(Doc.F). Therefore, the greatest percent of unemployment being decreased occurred right after “Fair Labor, Standard Act of 1938”. Furthermore, the diagram illustrates how the public is finding occupations to fill. This decline in unemployment is quite effective mainly due to the fact that more citizens will have money to spend contributing to the airing of the economy. Now that individuals are working, they are becoming consumers in which supply and demand will soon become into effect. This would lead to more jobs being created in order to support the demand for

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Roosevelt's response to create jobs was very effective. In the graph showing unemployment rates it shows Americans how effective Roosevelt’s methods were for creating new jobs because they feel that because of Roosevelt’s role in the economy it was able to help Americans find

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Many blame Herbert Hoover for the Great Depression, but this is a false statement because he stepped into office at the worst time. He had to immediately formulate new policies that would help the US retreat from the Great Depression. He served one term from 1929 to 1933. One item that made him well known for his presidency were the camps that housed the unemployed and the poor, called Hoovervilles. These “shanty towns” were normally on the outskirts of major cities and towns, so the community was close enough to still walk into town.

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Although Roosevelt’s administration was not very effective in immediately ending the Great Depression, it left a lasting effect on the role of the federal government by creating

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(Quote) “It is common sense to take a method and try it. If it fails, admit it frankly and try another. But above all, try something!”. (Background) Critics stated that FDR and his administration’s methods were not effective. (Thesis Statement)

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On October 29, 1929 was called ‘Black Tuesday’ by American in American history. A lot of companies stock drastically increase in American stock market, and every American people all on cloud nine because of stock before. But a number of companies stock plummeted, and then people feel unimaginable and terrified on October 29,1929 , so American called it ‘Black Tuesday’. During 1929-1932 the US enter into The Great Depression after the ‘Black Tuesday’. Hoover served as the president of the United States during The Great Depression, and he listed some policies for The Great Depression.

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PROMPT #1: Franklin D. Roosevelt and his New Deal reform programs aimed at ensuring “every man … [had] the right to make a comfortable living” (Give Me Liberty!, p.811). Further, Roosevelt, unlike Hoover, agreed that it was the government's responsibility to address the adversities brought upon citizens by the Great Depression. The Great Depression in the United States began on October 29, 1929. After taking office in 1933, over the next eight years, Roosevelt would be dedicating his presidency towards attempting to stabilize the economy and provide jobs and relief to those in need. The implementations of these programs brought prosperity to many Americans.

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Many people had no choice but to be homeless. They lived in towns called Hoovervilles in various parts of the United States. There was an increase in organized crime in many areas. During the Great Depression, Hoover tried to help the country economically recover. Herbert would be port tried as the father of the New Deal by some people (Horwitz, 21).

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On Black Tuesday, stock prices inflated and fell eighty percent. Investors lost 4 billion dollars and 16,410,030 stocks were sold. Millions lost their jobs. This led to the abundance of people living in poverty during the Dust

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In the early 1930s the labor force in countries that were industrialized saw as much as one forth of its workers unable to find work. Conditions were starting to improve by the mid 1930s, however total recovery did not happen until the end of that decade. This was a very difficult time in United States history and around the world, but it could be said that something good came out of it, central banks throughout the world now try to thwart or moderate recessions. It is unclear whether a change like this would have occurred if not for the

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