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Great Depression Dbq

1310 Words6 Pages

After the end of the World War I, United States’ booming economy took a drastic turn, which led United States to the worst economic depression in history. During the 1920s, the United States had a good, solid economy, and a strong stock market. The consumer economy of United States was strong because of new products, higher wages, lower prices, advertisements, and credit. The President of United States from 1923 to 1929, Calvin Coolidge, believed in Laissez faire, which was a belief that the government should leave the economy alone. The most valuable economy of United States took a downfall on October 29, 1929, when the stock market crashed; it is also known as Black Tuesday. The causes of the Great Depression were the stock market crash, …show more content…

But the election of 1932 which was between Franklin D. Roosevelt and Herbert Hoover gave people hope that this election might get them out of the depression. Franklin D. Roosevelt thought that government is responsible to help people. Herbert Hoover thought that government should not fix people’s problems. Herbert Hoover said that giving money to the poor will make them lazy and rely on the government, thought that people should volunteer to help the poor and not us government money. Well on the other side Franklin helped Americans “make it” without relying on the government. Franklin was supported by city workers, immigrants and miners. Hoover did not give many speeches as he was jeered by crowds. People felt that Herbert Hoover did not do enough to help people get out of the depression, so Franklin D. Roosevelt look interesting, and a good candidate. So the Franklin D. Roosevelt won the election of 1932 and introduces the FDR’s New Deal Program. The four main Areas of the New Deal were to fix the banks, help the unemployed, fix big business, and help homeowners and farmers. For the first hundred days of FDR’s New Deal, Roosevelt's focus was not the three R’s. The first R was Relief, the aid to those who were homeless and broke. The FDR’s New Deal Program FHA Federal Housing Administration helped people who needed home and facilitate home financing. The FDR’s …show more content…

Slowly everything got back to where it was supposed to be and went back to normal. By 1939 United States did not needed all of the New Deals. United States was advancing and slowly growing up, by 1941 United States entered to the World War II which ended the Great Depression. The New Deal Programs are used as a prevention of any kind of problems. The United States was fairly stable until 2008. United States did not had to face any other depression after the Great Depression due to the deregulation in the economy. The Great Depression forced U.S. government to enter in the problem of the economy. New Deal forced government to associate with economy. The U.S. government is still associated with the economy and keeping United States away for another depression. United States government still believe in the SSA Social Security Act program which in helped to protect the workers right. Workers right still exists in today's life and keep workers safe from physical and economical problems. SSA keeps workers safe and protects their money in case of crisis. During the great depression even farmers had to go through a lot of ups and downs. Dust storm destroyed all the farm and farmers had to go through a lot of problems. To help farmers the New Deal program TVA Tennessee Valley Authority helped farmer developing agriculture. TVA also helped farmers stop aided in getting loans. TVA still exists to help

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