Question B Sam Lane 10PJR
Explain why Roosevelt introduced the New Deal
The New Deal was introduced for many reasons, it was mainly a response to treat the great depression, it was intended to help people get back on there feet and the economy solid again.
The consequences of The Wall Street crash is a major reason why the new deal was introduced. The rich lost a lot of money and they had always been the main buyers of American goods, so there was an immediate downturn in spending. Many people had borrowed money to buy shares but they were now worthless so they went bankrupt. However president Hoover reassured everyone that “prosperity is just round the corner”, but the crash had destroyed the countries confidence and the country went into a great depression.