Tuesday, December 31, 2019

Essay on Who was the most helpful during the Great...

The Great Depression had battered the nation and the economic situation was desperate. During Herbert Hoover’s presidency, more than half of all Americans were living below the poverty line. Herbert Hoover was an idealist that believed Americans could reach their potential and so he felt that intervention by the federal government would repress the American potential. Roosevelt understood the suffering of his countrymen and introduced economic reforms to alleviate the effects of the depression. First, Roosevelt tackled the most pressing crisis: the bankruptcy of the banks. Since the start of the Depression, 11,000 of the nations 25,000 banks had failed, and millions of Americans had lost their lifes savings. Roosevelt realized that if†¦show more content†¦To meet the immediate crisis of starvation and the dire needs of the nation’s unemployed, FDR provided for direct cash relief for the poor, and established the Civilian Conservation Corps and the Public Works Administration. Thousands of men throughout the country began working to build bridges, roads, and sewage systems and to plant trees. His Federal Deposit Insurance Corporation (FDIC) guaranteed the bank savings of American families. By the end of his second term, Roosevelt had institutionalized the role of the federal government as the economic patron and stimulator of the American economy. The Roosevelt legislation machine could stop a bank panic, put thousands of Americans back to work, and give peop le the right to have a drink, but it could not end the Depression. In fact, the pace with which legislation was crafted during the Hundred Days made some New Deal programs ungainly, ineffective, and susceptible to court challenge. In 1935, the Supreme Court struck down the National Recovery Administration, and later the Agricultural Adjustment Act, declaring that the regulation of agriculture was the field of the individual states. Despite being at the mercy of government when the stock market crashed and the Great Depression set in, Herbert Hoover was not the do-nothing president his critics claimed. He, in fact, entered the presidency with a vast array ofShow MoreRelatedWhat Is Bipolar Disorder?.1101 Words   |  5 PagesWhat is Bipolar disorder? Bipolar disorder, formerly known as manic-depression, is a mental disorder. This condition primarily affects your mood and can cause extreme mood swings from elation to depression. Individuals with bipolar disorder can experience serious changes in thinking, energy and behaviour. If you have bipolar disorder you are likely to experience what are referred to as ‘episodes’ or states. The differentRead MoreThe Great Depression And President Roosevelt s New Deal895 Words   |  4 PagesThe 1930s, a time of great racial tension and segregation, is historically remembered for the Great Depression and President Roosevelt’s New Deal. 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