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Roosevelt's Contribution To The Recovery Of The Great Depression

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The Great Depression plunged the U.S Economy into an entirely new world of struggle and survival. The Wall Street Market Crash in October of 1929 marked the start of a twelve year battle between the U.S Economy and the U.S citizens. At the start of the Depression Herbert Hoover was the president, although he gave forth some effort, for example the Reconstruction Finance Corporation, he was not the correct man to lead the country to recovery. In 1933, Hoover was voted out of the office and Franklin Delano Roosevelt took over presidency. Roosevelt brought with him this series of programs, called The New Deal. This was the turning point of leading the U.S towards recovery. Between the years of 1933 and 1935 Roosevelt passed hundreds of programs in order to help push the economy towards recovery, for example the Emergency Banking Act (EBA). …show more content…

This New Deal included some of the most influential programs that helped aid the process of recovery, for example the Works Progress Association. In February of 1937, Roosevelt started the infamous, “Court-Packing,” scandal which lead to the downfall of the Third and final New Deal. Although this New Deal was not as strong as the first two and many were unsupportive because of the scandal, it did have laws that influenced the recovery of the U.S economy. An example of one of these laws would be, The Wagner- Steagall National Housing Act. The New Deal Programs, including the failure of the Third one, all affected the U.S Economy in an influential way. The New Deal Programs passed between the years of 1933 and 1941 were very effective in aiding the recovery of the U.S

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