Roosevelt and the New Deal

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Matthew Hunt                        Roosevelt and the New Deal        

  1. In order to ease the problems of the USA Roosevelt was forced to act quickly. Roosevelt worked round the clock to satisfy the needs of the public. The most severe of all problems was that of the banking crisis. Roosevelt attempted to solve this problem first.

The day after his inauguration Roosevelt ordered all banks to close down. He believed that by doing this he would achieve stability back into finances. Roosevelt attempted to ensure that America would not have to suffer again. The government installed two new measures to give the public an impression of the New Deal.

After already adopting the Emergency Banking Act and the Securities Exchange Commission, Roosevelt then sent fifteen proposals to the Congress. Roosevelt was encouraged by the reception that the Emergency Banking Act received. All of the fifteen proposals were accepted.

The Emergency Banking Act was installed to boost confidence. The ideas behind the EBA bare some resemblance to that of the Public Works Administration. Both attempted to boost the confidence of the American people albeit in different ways. The PWA solved the unemployment problems which improved morale. This is similar to the way that the new banks gave the public more confidence.

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The two separate agencies fulfilled the initial aims made by Roosevelt. Roosevelt also set up many other similar agencies with the same purpose. Many of the agencies helped to ease the unemployment situation. Other organisations had contrasting aims. However, all agencies worked toward improving morale.

 2.    There are many possible explanations as to why Roosevelt acted in the ways he

           chose. Roosevelt’s drastic actions could well have been influenced by previous

           events. Roosevelt was aware of the sacrifices the American public were forced

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