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New Deal Dbq

819 Words4 Pages

After the World War I, the United States experienced a deepest and longest-lasting economic downturn the history. Poverty and financial crises are problems that the country was facing after the war due to the stock market crash on October 1929, wiped out millions of investors and big corporations. Many people were unemployment and banks were failing create a big mess in the country. To resolve the problem, government stepped up and introduced a New Deal to stabilize the economy and provide jobs. President Roosevelt’s New Deal permanently changed the federal government, created more programs to help United States back where we were before the Great Depression.
Late 1920s many people were investing in the market making a lot of money on “high …show more content…

Franklin Delano Roosevelt’s plan to rebuild the economy and then restore the country by three R’s: Relief, Recovery, and Reform. His New Deal Acts were passed during Hundred Days (March 9 – June 16, 1933) by Democratic Congress to deal with a desperate emergency (AP, 754). His goals were to relief and immediate recovery in the first two years, and then reform the country. Roosevelt’s way of informing the public of news and government help by regular radio broadcasts that very popular and built the trust of the people. The Glass-Steagall Banking Reform Act provided insurance for individual deposits up to $5000 to end the bank failures and it significantly help financial front and protect gold reserves and paper currency (AP, 754). In Relief, the president created jobs for the jobless by passing the Civilian Conservation Corps provided regular citizens to work on projects across the country, mostly in state and national parks. He used federal money to assist the unemployed and help industrial recovery by creating programs that put professional builders and construction workers to work making dams, school, and water systems ad roads across the nation. Roosevelt helped agriculture as well by paying farmers a subsidy to produce less crops or plant others so that the supply would equal the demand of food, helping prices and production

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