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Why Did Fdr Revive The Economy During The Great Depression

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The Great Depression of the 1930s was known to be one of the worst economic times of the industrial world and began after the stock market fell in late 1929. During this time, millions upon millions of American citizens were unemployed and for the next several years, nearly all companies and banks had begun to shut down. This event had been shocked numerous Americans as it proceeded the prosperous era, also known as the Roaring Twenties, where the nation’s wealth had been on a steady incline. To help combat the nation’s problems, President Franklin D. Roosevelt had proposed a deal that would serve as a method to provide relief for the struggling citizens. The New Deal was a program administered by the U.S government to revive the economy …show more content…

Roosevelt enacted several reforms, the New Deal, to help raise the employment rates and increase the production of industry. The President promised to “create federal government programs (Amadeo)” and bring an end to the disaster brought upon the U.S by the Great Depressions. The New Deal had created forty-two new agencies designed to increase the number of jobs and insurance for families across the nation. These new programs allowed the government to give pensions to the elderly and to individuals who could not afford certain amenities such as food, shelter, and clothes. For the first 100 days of his presidency, Franklin D. Roosevelt implemented a series of initiatives to Congress and it is due to these initiatives that he is named one of the greatest presidents of …show more content…

The country was in a crisis as millions lost their jobs, money, and confidence in the government, which intensified the impact the Great Depression had on the U.S. In implementing the New Deal, Franklin D. Roosevelt was able to “stabilize the banks and clean up the financial mess left form the Stock Market crash (Walker).” Not only this, but he was also able to provide jobs for young men by ordering them to build infrastructures around the country such as “highways, bridges, hospitals, schools, theaters, libraries, city halls, homes, post offices, airports, and parks across America (Walker).” As a result of these reforms the, U.S economy grew and the country was no longer suffering. Though the most important aspect of the New Deal was that it helped inspire culture, politics, and civic responsibility, and by having this new found ideal, the United States had changed for the

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