Roosevelt's New Deal With The Great Depression

The 1930s were very different from the 1960s. With the Great Depression just starting in the United States the people needed someone to believe in, the year 1932 Franklin Roosevelt was elected as president. He put hope back in a lot of Americans hearts with his fire side chats. He also end prohibition. FDR came up with a group of ideas to deal with the depression called the New Deal. There were three main objectives to achieve with this New Deal; the first plan was to do something about the banks and give temporary jobs to the jobless, the second was to help the industrial industry, and third to help the farmers out by paying them to producing less.
The First New Deal helped the people who lost farm land and homes due to the depression. The government came up with multiple programs. Federal Housing Administration (FHA) helped the home owners get longer moorages and lower monthly payments, this helped with all the homes that were going into to foreclosure. Federal Deposit Insurance Cooperation (FDIC) the banks insured your money up to $5,000. The Securities and Exchange Commission (SEC), this program help the government regulate the stock market to invest. The temporary jobs programs included, the Civilian Conservation Corps (CCC), which helped provide eighteen to twenty-five year olds with a job doing manual labor …show more content…
However where the New Deal failed the Great Society succussed, when it comes to Racism. The New Deal did not end the depression, but I think it did provide some relief. Because the people who were holding on to what little they had can relax a tad bit. The people who were about to lose everything can worry less about losing their homes, or if the bank was abusing their money, can start planning for retirement, and if they wanted to reinvest in the stock market they