Franklin D. Roosevelt is considered one of America’s greatest presidents along with George Washington and Abraham Lincoln. He was America’s president from 1932-1945 where he died in office and is the only president to have had more than 2 terms as president. He was known for his recovery of America’s economy during the Great Depression by giving jobs and reducing government spending and aiding America through World War 2 with strategic plans.
In 1932, the American population was not happy with President Hoover’s effect on the economy, so they chose Democrat Franklin D. Roosevelt as their new president. America was in the middle of its greatest economic depression known as “The Great Depression” so unemployment rates were extremely high and people were desperate for change. In his first 100 days, Roosevelt passed the Emergency Banking Act and shut down all banks for 8 days. In those 8 days, he supplied banks with unlimited currency, added insurance to deposits, and banning gold as a form of currency. People flocked to the banks to deposit what they had left/collected over the 2 weeks and banks began to rise in popularity. Roosevelt also created a series of federal programs and projects that supported those affected by The Great Depression called The New Deal. The programs focused on the 3 R’s: Relief for the unemployed and poor, Recovery of the economy, and Reform the financial system so that there …show more content…
Roosevelt’s first term and the presidential election took place. FDR was re-elected for a second term in a landslide re-election with a 98% pick rate due to his popularity from saving America from the Great Depression even though millions of people were still unemployed. In his 2nd term, FDR initiated the Good Neighbor Policy which re-evaluated America’s policy towards the southern part of America and all of South America. Cuba and Panama had their protectorate status removed and relations with Soviet Russia were
In 1932, the American population was not happy with President Hoover’s effect on the economy, so they chose Democrat Franklin D. Roosevelt as their new president. America was in the middle of its greatest economic depression known as “The Great Depression” so unemployment rates were extremely high and people were desperate for change. In his first 100 days, Roosevelt passed the Emergency Banking Act and shut down all banks for 8 days. In those 8 days, he supplied banks with unlimited currency, added insurance to deposits, and banning gold as a form of currency. People flocked to the banks to deposit what they had left/collected over the 2 weeks and banks began to rise in popularity. Roosevelt also created a series of federal programs and projects that supported those affected by The Great Depression called The New Deal. The programs focused on the 3 R’s: Relief for the unemployed and poor, Recovery of the economy, and Reform the financial system so that there …show more content…
Roosevelt’s first term and the presidential election took place. FDR was re-elected for a second term in a landslide re-election with a 98% pick rate due to his popularity from saving America from the Great Depression even though millions of people were still unemployed. In his 2nd term, FDR initiated the Good Neighbor Policy which re-evaluated America’s policy towards the southern part of America and all of South America. Cuba and Panama had their protectorate status removed and relations with Soviet Russia were