Franklin Roosevelt And The Great Depression Essay
“But while they prate of economic laws, men and women are starving. We must lay hold of the fact that economic laws are not made by nature. They are made by human beings.”
-- Quote by Franklin D. Roosevelt, Nomination Address at the Democratic National Convention of 1932 (July 2, 1932)
This quote from Franklin Delano Roosevelt was something a lot of Americans could relate to, during the Great Depression, and still probably can now. There was a Great Depression throughout most of the world in the late 1920’s through early 1930’s. But the American Great Depression would have probably started with The Wall Street Stock Market Crash of 1929, also known as Black Tuesday. It is the worst stock market crash in the United States history. Investors lost 16,410,030 shares and billions of dollars. Because of this, investors and most of the American population encountered an extreme change. But, with the stock market crash and the Great Depression, like all bad times, life will move on.
Life During the Great Depression Era
Life during the Great Depression depended on the family, and where the family lived. People in Chicago and New York City who had televisions could receive television transmissions. These few lucky people, and probably neighbors and friends, could watch the very first president,Franklin D. Roosevelt, as he gave his inaugural address into congress as it streamed onto their televisions. While some people could watch television, others would spend time…