By 1934, the United States, along with the rest of the world, had been experiencing severe economic depression for almost five years. In the United States, the Great Depression seemed to many to signify the failure of capitalism. ... Roosevelt campaigned for the presidency and on a proposal for solving the economic problems of the Great Depression called the "New Deal." ... Through this initiative, Long desired to achieve limited work hours and produce only enough as markets would absorb. ... The New Deal resulted in outcomes such as banking, stock market and industry and labor regulation ...

• Word Count: 1142
• Approx Pages: 5
• Grade Level: Undergraduate