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The Great Depression Argumentative Essay

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Recommended: American history chapter 13 the great depression

The roaring twenties was a time of great growth and prosperity. Full of fun times, great music, and amazing dancers. People came up with new terms such as “green door” which meant “having a good time”. Young women who wore skirts, had short hair, and listened to jazz music were nicknamed “flappers. However, all great things must come to an end. After the roaring twenties came the Great Depression. Economically, the United States shrunk by a third compared to the beginning. Unemployment rates skyrocketed because of the Stock Market Crash of 1929, consumer prices fell, and the collapse of the World Trade Center due to the Smoot-Hawley Tariff. (Richardson, The Great Depression. Princeton: Princeton University Press, 2013.) says that “The Depression was the longest and deepest downturn in the history of the United States and the modern industrial economy.” Constitutionally, what The Great Depression did for the economy, it did …show more content…

Roosevelt made a plan to do just that and he called it The New Deal. This plan made unemployment rates go down because it gave out jobs to over one quarter of a million people. In president Roosevelt’s New Deal plan was a program called the Travel Bureau, which gave Americans and foreign travelers a chance to come and ‘See America’. Roosevelt used emergency funds to establish the Travel Bureau and he placed the headquarters in Washington D.C. and New York. Roosevelt gave Harold Ickes the authority to run the office which was placed within the National Parks. (Lisa Thompson, The Living New Deal, November 18th, 2016) states that “Congress finally passed legislation giving the Travel Bureau a firm statutory footing, which President Roosevelt signed on July 19, 1940. Ickes and his department noted that ‘for the first time since its establishment in 1937, permanent existence of the Bureau was assured and long range planning made

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Roosevelt's first plan of action for the new deal was to provide relief to those living in poverty (the vast majority of the population at the time). To spread the message, FDR held 27 “Fireside Chats” from 1933-1944 establishing a plan for the future of America and the economy (Source 1). FDR's first major initiative was to establish the Federal Emergency Administration Act (FERA), FERA distributed over $3.1 billion dollars, and over 20 million jobs were created (Source 3). FDR also created government programs (such as the AAA, CCC, CWA, and PWA) that both regulated the US and provided jobs for those in need. He also passed The National Industrial Recovery Act that gave states money to create more jobs and formed the National Recovery Administration to regulate and establish fair practice codes for industries.

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In 1933, after a third banking panic, Roosevelt had decided to make a bank holiday to help close financial institutions to stop a run on banks and help the economy. Franklin D. Roosevelt had initiated the New Deal program to help restore confidence in the U.S. He had made a social welfare a federal government priority, made new roles for the government, and changed the focus of national partisan politics. It helped public works programs, stimulate banks, insured savings, and improve business practices. During Roosevelt’s first 100 days he had made some other changes to the U.S economy.

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The roaring twenties, the decade that followed World War I, led into the Great Depression the deepest and longest-lasting economic downturn in the history of the western industrialized world. The main conflict during this Depression was the altercations with foreign countries. foreign countries would come into the United States looking to make a sale, which they would sell their goods for a slighter better price than the American. That would lead to Americans seeking for business and low on income which made the Depression already worse. This led to foreigners stealing money that was suppose to go to the United States.

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President Franklin D. Roosevelt's "New Deal" aimed at promoting economic recovery and putting

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Noah Serna Franklin D. Roosevelt’s New Plan tried to help America get out of the Great Depression by stabilizing the bank systems, raising the unemployment rate, and establishing public works. However, with all of this being developed Roosevelt overstepped the bounds of his power as the president.

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The 1920s were called “The Roaring Twenties” because many people contributed to the economy. This led to overproduction, and eventually, the stock market crash of 1929. The stock market crash was a big event that led to a lot of bank runs. After the bank runs out, very few people receive all of their money. A tariff was introduced that taxed imported goods, effectively cutting off trade.

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The New Deal was a domestic program created by President Theodore Roosevelt to bring immediate economic relief due to the Great Depression. The program changed the role of the government by making it responsible for the economic downfall. The New Deal brought about various oppositions in relief, recovery, and reform policies. Relief policies were done to spur America’s economy, giving immediate aid to the needy. A man from Texas wrote of a personal crisis in his, “Letter from a Texas man to President Roosevelt.”

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Overall, the 1920’s was a period of growth, profound changes, and excitement. The big question is how did the nation go from a period of extreme growth to a nation with a destroyed economy in such a short time. There are many variables in the causes of the Great Depression and they all cause each other to domino and cause even more problems. The failure of the stock market is what sparked the great depression as it was crucial to the economy. Many people tried as they could to sell their stock, but, unfortunately, no one was ready to buy.

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On March 4th,1933 Roosevelt delivered his first inaugural address, “President Roosevelt tells the American people: So, first of all, let me assert my firm belief that the only thing we have to fear is fear itself – nameless, unreasoning, unjustified terror which paralyzes needed efforts to convert retreat into advance” (editor). In that speech, President Roosevelt promised to get America out of the depression as though we were at war with a foreign invader. This speech made Americans feel like Roosevelt would be a great leader and would get them out of the depression. His plan to get America out of the depression was with the New Deal. This New Deal, was a cover all statement for his acts that would help America out of the Great Depression.

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The Roaring Twenties The 1920’s were an era of time that people struggled in. It had ups, and it definitely had downs. This was an age of social change, and it consisted of many ideas and events. Many refer to this decade as the “Roaring Twenties”.

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The American economy throughout the decade of the 1920s experienced significant growth and prosperity. This was enabled by technological advancements, rapid industrialization, as well as increased spending by consumers. The good fortune of the Roaring 20s eventually ran out as the economy entered an alarming recession with stock prices continuing to rise, which eventually gave way to an extreme economic downturn. The United States quickly developed into a more consumer oriented society in the 1920s era.

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The Roaring Twenties, is one of the more primary cause of the Great Depression. The twenties were not only carefree and pleasure filled, but were also an era of overspending. The overspending is a result from World War I, one of the most most bloodiest war Europe has ever witnessed. World War I made the U.S. into a wealthy world power, as European countries were paying back the U.S. for war loans. With the introduction of credit, Americans,

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The Roaring Twenties were drawing to an end when the Great Depression began in August of 1929. The Roaring Twenties were a time of profound social, economic, and political transformation in American history. For the first time, there were more urban residents than rural ones in America. From 1920 and 1929, the overall wealth of the country more than doubled. The Great Depression saw a rapid rise in crime as many unemployed workers turned to petty theft to put food on the table.

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The phrase ‘New Deal’ came to encompass his many programs designed to lift the United States out of the Great Depression. The New Deal created a broad range of federal government programs to offer economic relief to the suffering, regulate private industry, and improve the economy. The New Deal is often summed up by the “Three Rs”: relief (for the unemployed), recovery (of the economy through federal spending and job creation), and reform (of capitalism, by means of regulatory legislation and the creation of new social welfare programs). Roosevelt’s New Deal fundamentally reshaped American political culture around the principle that the government is responsible for the welfare of its

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The structure of the American bureaucracy was changed. The New Deal was expecting the federal government to

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