How, and with what success, did the United States government try to solve the problems caused by the Great Depression?
The United States government tried to solve the problems caused by the Great Depression by the three Rs. The three things that Roosevelt came up with are Relief, Recovery and Reform, with Relief it was brought through the Emergence Bank act, the FDIC, and FERA. He brought Recovery to the United States through associations that focused on banking, farming, and labor reforms. Also Roosevelt thought of Reform through associations such as NRA, TVA, the Wagner Act, and Social Security which were used to try and focus on fixing with long-term actions and to build a future that would be better.
In the 1930s with presidents Hoover in presidency from 1928 to 1932 and then FDR in presidency from 1932 to 1940. The actions that Hoover took were to just sit back and watch the economy pick itself back up while the actions that FDR took were the New Deal, and the three Rs- Relief, Recovery, Reform. The impact of the New Deal on Americans was that they got jobs, got money and shut down the banks cut the business failures, however there were still millions out of work and homeless. The opposition to the New Deal is that it was too complicated and there were too many codes and regulations, and that government should not support trade unions and it should not support calls for higher wages- the market should deal with these issues.
Sunday, February 7, 2010
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