1. New Deal
The idea was to lower unemployment, which had reached an all-time high, restore prosperity and reinstate some of the Progressive ideas that had faded away. ... Several bills were passed that provided mortgage relief for farmers and homeowners, such as the Home Owners" Loan Corporation (HOLC.) which not only bailed out mortgage-holding banks, it also enhanced the loyalties of the middle class to the Democratic party. ... It also showed that the constituency of the Democratic Party had changed. ... Roosevelt issued in an era of assurance for the Democratic party since most of America began to tu...
- Word Count: 1193
- Approx Pages: 5
- Grade Level: Undergraduate