Fdr : The New Deal Essay

1738 Words Mar 21st, 2016 7 Pages
The New Deal
During the 1920s, the world experienced a period of affluence characterized by substantial cultural growth and new inventions. Concurrently, the world economy was at its peak as people were experiencing the highest standard of living in history. Because of the high standard of living, the general public largely participated in the stock market, and lost large amounts of money when the stock market crashed in 1929. As a result of the stock market crash, America was thrust into the Great Depression, which was getting worse by the day as Franklin Delano Roosevelt took office in 1933. FDR’s New Deal introduced new government programs that influenced economic help programs and changed the government to better help its citizens by taking a larger role in people’s lives.
In the first place, FDR’s New Deal was a complex system based on experimentation that brought radical changes to America. Historians often classify the New Deal in two parts: the First New Deal and the Second New Deal. The First New Deal transpired during the first hundred days of FDR’s presidency and mainly included laws that “[alleviated] the immediate effects of the economic crisis” (“Franklin D. Roosevelt and the New Deal”). Restoring the economy to a robust condition comprised of combating unemployment, failed banks, and the agricultural and industrial system collapse (“Franklin D. Roosevelt and the New Deal”), and additionally included an increase in the federal government’s participation in the…

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