New Deal Dbq

The stock market crash caused a chain of events that ended with 13 million unemployed Americans. Herbert Hoover the current president believed that the economy would fix itself. Hoover’s economic plan was to use the trickle down system, meaning that if the money started at the top it would trickle down to the bottom. His hope was that if he gave money to the federal government they would give money to businesses, businesses would create jobs, and the workers with these jobs would spend money. However, that didn’t happen and by the end of his term many people criticized him for the little involvement he put into ending the depression. When Franklin Delano Roosevelt became president, he created a much more successful plan. His plan called The

During World War 1 farmers were very important as the food they grew helped feed the Allies, since they were paid lots of money to grow crops many farmers bought more land. However, after the war they were in debt from the land they purchased and because less food was needed, they had no way to pay the debt back. During the depression things only got worse, many farmers struggled because when selling their products they actually lost money. This led to many farmers destroying the products they had, even though millions of families would have taken the food to feed their starving children. However, FDR had a plan that could help everyone. The Agricultural Adjustment Act paid farmers to not plant crops on their land, allowing farm outputs to decrease. Once the supply was low enough prices became more fair (Source E). Another act, REA used their money to extend electricity to farmers (Source F). This act was relatively successful and allowed 25% of farmers to have electricity, in turn allowing farmers to preserve products such as milk (Source F). The New Deal allowed farmers who had been economically challenged after World War 1 to have a chance at economic prosperity