Franklin D Roosevelt's Impact On The Great Depression

1068 Words 5 Pages
Milton Friedman stated, ‘The Great Depression, like most other periods of severe unemployment, was produced by government mismanagement rather than by any inherent instability of the private economy.’
(Reveal Topic) Franklin D. Roosevelt was our leader during the great depression providing most with jobs and recovery from the greatest depression in the USA
(Credibility Statement)
It’s important because we still have social security, the S.E.C. and the F.D.I.C. to watch over our finances.
(Preview) FDR affected the 1930’s by creating the New Deal which focused on the relief, recovery and reform of the United States after the Great Depression.
(Transition) Body To start…
(TOPIC SENTENCE) Franklin D. Roosevelt impacted the 1930’s by providing
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(Transition) Furthermore… In order to ensure the U.S. economy remains stable, Roosevelt enacts reforms to the banking and securities industry to ensure continued stability occurs.
(Primary Support Preview) Banks and stocks become regulated and reformed through the Federal government.
Roosevelt immediately signs into law The Securities Act of 1933. This law is designed to reduce fraudulent activities on Wall Street.
Roosevelt’s next big piece of legislation is The Banking Act of 1933 (also known as the “Glass-Steagall” law). (O 'Donnell, Pat. "New Deal." American Government. ABC-CLIO, 2015. Web. 25 Oct. 2015.)
The Banking Act separates commercial and investment banking.
The Banking Act of 1933 also creates the Federal Deposit Insurance Corporation (FDIC) to insure banks, curb bank runs and reduce the number of bank
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Finally, Roosevelt signs into law the Securities Act of 1934. (O 'Donnell, Pat. "New Deal." American Government. ABC-CLIO, 2015. Web. 25 Oct. 2015.)
This law creates the Securities and Exchange Commission (SEC).
The SEC has regulatory and disciplinary powers over the financial stock market.
The SEC still exists today and is responsible for enforcing federal securities laws.

(Internal Summary) Banks and stocks become regulated and reformed through the Federal government, Roosevelt’s next big piece of legislation is The Banking Act of 1933 (also known as the “Glass-Steagall” law), and finally, Roosevelt signs into law the Securities Act of 1934 (the securities and exchange commission that enforces the federal security laws).
(Transition) To clarify…

Conclusion
(Restate Thesis) FDR affected the 1930’s by enforcing the New Deal which aimed for the relief, recovery and reform of the United States after the Great Depression.
(Review Main Points) The relief, recovery and reformation of the United States. (Memorable Closing Statement) FDR was not only elected for three terms but he also guided us through America’s hardest

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