The United States struggled through the depression but got through it by many different ways. was in the greatest depths of the depression. In his first Inaugural Address in 1933 he stated that "the only thing we have to fear is fear itself. "1 FDR's main goal was trying to restore confidence to the people. He was also letting them know that as a Nation we can get out of the depression, and the only thing that is keeping us in it is ourselves. During the depression Roosevelt tried one thing after another such as, heavy spending, public works, direct relief, NRA codes, regulation of industry and restrictions on spending.
FDR also stated that, "Our greatest primary task is to put people to work. "2 FDR thought that the government needed to be in charge by building and creating new jobs. As soon as people went back to work they would have an income and could afford to start buying things and paying for things which in the end would give the economy a boost. FDR started lots of work programs and helped stabilize the economy. .
In addition, " there must be a strict supervision of all banking and credits and investments ." 3 FDR closed all banks two days after he was inaugurated. This day is known as a Bank Holiday. They inspected all banks to see if they could re-open. They re-organized the banks and put 1 billion dollars back into the banks after they re-opened. He also passed a act known as the Emergency Banking Act. The purpose was to protect the larger banks from the smaller banks. It also enlarged federal authority over private banks and government loans to private banks.
"We must act and act quickly. "4 In FDR's first one hundred days he pushed for many acts through congress that were designed to beat the depression in lots of different aspects. His programs focused primarily on reviving both the agricultural and industrial sectors. He also provided emergency relief for the unemployed.
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The Great Depression The Great Depression was one of the longest depressions in the history of North America left Americans shaken. ... My grandmother, a survivor from the great depression says "we had to gather food from were ever we could find it, we were starving". ... The Great Depression sent people that were ordinarily comfortable with life scurrying for reassuring shelter and it left many people badly shaken from the experience. ... People that went through the Great Depression and survived will forever remember the way that it felt to stand in line for hours for food or even to...
Economics during the Great Depression were very different than periods of time during the depression. ... People were not earning much money during The Great Depression. ... Political views also changed during the Great Depression. ... Shirley Temple, Will Rogers, and marie Dressler were few great performers during the Great Depression. ... The Great Depression has definitely left it's mark on America. ...
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The Great Depression When Franklin D. Roosevelt took office, America was going through what was known as the Great Depression. ... Farm families are an example who suffered during the Great Depression. ... The banks were closing down due to the depression. ... The Great Depression was not the first or only depression Americans had seen, but it was the worst. ...
The Great Depression The Great Depression was the greatest economic slump to ever occur in US history. The depression began in late 1929 and lasted throughout the following decade. Several factors played key roles in bringing about the depression. ... However, though a great deal more work was being done, the average wage for a manufacturing worker increased minimally. ... Though the Great Depression has long since ended, it continues to leave an indelible imprint on our economic society. ...
Great Depression was the worst and longest economic collapse in the history of the modern industrial world. ... The depression started in the United States and spread to most of the world's industrial countries. ... During the Great Depression there were rapid falls in the production and sale of goods and a rise in unemployment. There were many factors to the cause of the Depression. ... Another one of the factors to the Great Depression was what the government had done or had not done to ensure that this would not happen. ...
The Great Depression On Thursday October 24, 1929 at 10:00am the stock market bell went off at the New York Stock Exchange, stocks were plummeting down. ... The Great Depression did not just happen there were many factors that contributed to the depression like the United States international credit system, economic dependency, and international trade policies. ... The great depression is a very important chapter in our history. Through the great depression we learned many great lessons and as a country we came to realize how fragile what may ...
Causes of the Great Depression The Great Depression was the severe economic crisis that began in 1929, that sent the United States into a frenzy. ... It's undeniable that the Great Depression was one of the hardest trails the US has had to endure. ... The Great Depression was a trying and difficult time for America. ... Work Cited Page America's Great Depression. ... Available http://odur.let.rug.n1/~usa/H/1994/ch9_p8.htm "Great Depression" Encyclopedia.com . ...
