Causes Of The Great Depression In The United States During The 1920's

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6. During the 1920’s the US wanted to encourage economic growth domestically and therefore placed high tariffs, such as the Smoot-Hawley Tariff, to decrease the amount of business being done overseas. This annoyed foreign countries and caused them to raise tariffs on the US which cause international trade to significantly slow in the US causing overproduction and under consumption which is one of the problems during the Great Depression. Economic recession was global and the war debts were degrading nations economies. However, Germany couldn 't pay it’s forced reparations because it had it’s own debt and it’s money was next to worthless. The tariffs, debt, and reparations were all things that made nations economies weaker and contributed …show more content…
The first program was focused on supplying relief to the unemployed and impoverished in order to attain economic recovery. Major programs introduced in the first New Deal included the National Recovery Administration and the Agricultural Adjustment Administration to help boost industry and agriculture within the country. Additionally, the TVA and other government services were provided. FDR also passed the Glass-Steagall Banking Act in order to try and renew faith in the banks to hopefully lead to a quick recovery. The second New Deal was primarily focused on social reform and government provided economic aid. The Works Progress Administration was a key factor in helping create jobs for the American public, the government pumped tons of funds into this program in an effort to get millions of americans employed. He also passed the social security act to ensure those unable to work would be funded by the government and not just left to poverty. The reasons for the differences is because of the circumstances, when the economy wasn 't bouncing back after the first New Deal and it’s aid, then FDR had to try and stimulate the economy by creating jobs as seen in the second New …show more content…
In contrast, the America First Committee argued that complete impartialness and neutrality was the best route for the US. The CDAAA’s main goal was to support the ally powers; however, they came up with some more specific goals such as to support Britain with destroyers, flying fortresses, along with other various boats and planes. They also wanted the US government to use it’s navy as a convoy for ally supplies and aid in the war everyplace possible without actually getting caught in fighting. They played an important role in the Lend-Lease Act which gave the president jurisdiction to support any nation against the axis powers with military material aid. The America First Committee became the most influential isolationist group soon after being started, it advocated complete neutrality and called for no involvement in overseas wars. They believed in die hard isolationism to the extent that we should fortify ourselves over here and not ever worry about anything that isn 't in the

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