• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

Roosevelt - The Great Depression

Extracts from this document...

Introduction

History: Roosevelt - The Great Depression Franklin Delano Roosevelt, a Democrat, came from a wealthy New York family and was educated at Harvard University. He entered politics in 1910 and elected Governor of New York State in 1928 after surviving a bout of polio. The Democrats choose Roosevelt as their candidate to oppose Hoover in the 1932 Presidential Election. During the campaign he said, "I pledge you, I pledge myself, to a New Deal for the American people". He promised to use government money and power to rebuild the economy. Roosevelt won with a landslide victory. One of the main reasons for this was that the previous President, Hoover, had not controlled, or attempts to help the economic downfall of the United States. Hoover thought matters would right themselves and therefore took little action. In 1932 Hoover did eventually find some money to help a number of struggling banks and businesses, but he refused to set up federal relief programmes to aid the unemployed. As the Depression dragged on, a protest movement developed among the hungry and the unemployed. Many Americans had lost confidence in President Hoover and were looking for new leadership that arrived in the form of Roosevelt. ...read more.

Middle

After a bank failed, savers with deposits in other banks rushed to take out their savings from other banks, leading to more banks going bankrupt- A total of 1616 banks in 1932. * Many people affected by the depression organised protests in hope to improve conditions. In Iowa, the farmers union organised strikes to stop food reaching markets. This aimed to create food shortage and increase food prices. Roosevelt took a tough stance towards these areas of difficulty, and in his inauguration speech he stated that "the only thing we have to fear is fear itself". To affect change in America, Roosevelt need more power than he already had. In 1917 congress had allowed President Wilson to change laws without asking and this 'trading with the enemy" act was still effective when Roosevelt came into power. Roosevelt realised he could use this act to speed the healing process for America's economy. Roosevelt proposed, and Congress passed, a series of measures designed to provide relief for the unemployed and promote economic recovery. Roosevelt also hoped that the New Deal would help America's problems by bringing about a number of long-term reforms. Two days after his inauguration on the 6th of March, Roosevelt ordered all banks to close for a long bank holiday while he and a cabinet worked out a way to solve the problem. ...read more.

Conclusion

The other section on the N.I.R.A was the National Recovery Administration (N.R.A.) which recommended an eight-hour day, together with a minimum wage, to help create jobs. Employers who accepted these recommendations were allowed to display a 'Blue Eagle' sign on their goods. Over 2 million people embraced the new standards and benefited because of it; the public was encouraged to buy only from businesses that had joined the scheme. * Roosevelt's many plans were new, and his kinds of tactics for dealing with depression was regarded as blunt by many people. His other plans however were over-shadowed when he decided to set up the Tennessee Valley Authority (T.V.A.) in order to help a poor, badly eroded region which was also prone to flooding. The T.V.A built a network of dams to control the floods and give the area a supply of cheap electricity. This attracted industry and gradually the whole region began to prosper. * Finally, in 1935, the Social Security Act provided pensions for the elderly and benefits for the unemployed, as well as providing help for dependant mothers and children and the handicapped. Roosevelt brought about partial recovery to the United States with the New Deal and 'Pump priming' strategy. It was not until the Second World War and the demand for American goods however, that the American economy returned to its former prosperity. ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our GCSE USA 1919-1941 section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related GCSE USA 1919-1941 essays

  1. Why people supported Roosevelt in the 1932 election

    It was based on the idea of restoring confidence. This source is an extract from a speech made by Roosevelt due to the presidential elections 1932, when he was starting to gain people�s confidence. People were made to feel that by having Roosevelt as their president the Depression would soon be over.

  2. Policies to end the Depression: Hoover vs. Roosevelt

    To them, the tightness of Hoover's policies made perfect sense. Yet raising taxes and cutting government spending was one of the worst possible responses to the already very bad situation. By cutting government spending and demanding more of the money earned by workers and businesses, it meant that there was

  1. The great depression.

    The stitches were also raised. This caused the ball to have less wind resistance. Fences were also pushed back in most parks, cutting down on the number of home runs hit. The offensive numbers declined heavily in 1931. Only five players collected 200 hits, compared with 24 the year before;

  2. The Great Depression in America

    America did not suffer any damages in the war whereas it�s business rivals such as Britain suffered hugely. There was a huge rise in production at this time. There were many important medium and short term causes as well as long term that contributed to the boom.

  1. In 1932 America was suffering from a terrible economic depression.

    Lewis Andreas who was interviewed and gave the speech (source E) also says that it was the Second World War that finally ended the great depression. Where as source D quotes that; "The new deal did nothing to help America and it wasn't until the war that the army of the jobless finally disappeared".

  2. Explain how both the long-term and the short-term causes contributed to the great depression ...

    This hit the large industries in America hard because by this time the American market was saturated and the only thing that was stopping them from decreasing production and decreasing workers was the export market. This was a long-term cause because the tariffs had been in place since 1923.

  1. Discuss how the Great Depression affected national morale, individual morale, and family life.

    As Ward James (Terkel, 1978) said, "It come as close to crucifixion as...". By 1932 suicide rates had risen by 3.4%(Clements, page 72). As individuals faltered, families struggled. New marriages fell from 1.23 million in 1929 to 982,000 in 1932, with a corresponding fall in the birth rate (Clements, page 72).

  2. The experiences of Americans during the Great Depression varied greatly. For most, the Great ...

    As a reporter at from the Chicago Daily newspaper, I decided to interview a family that lived through the depression and in a White City, where blacks didn't live. The answer that I will get will infect my opinion about that decade.

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work