Great Deal Dbq

Improved Essays
Every era has something special which makes that era different from the rest. Sometime the things are positive and other times things are negative which effects people life. Similar to that happened from 1929-1932. This era was called the great depression, the reason it was called great depression was because American economy was badly devastated in this time.US gross domestic product fell almost by half, from $103 billion to 58 billion (696). GDP plays a vital role in any country development and in people freshen GDP drops to almost half compare to its pass level. That is a big hit on a country and it is very hard to recover from it. People were in horrible condition. There was no money flow in the society people had nothing to spend so that they can buy items for their necessity. Condition so bad that “Salt Lake City ran out of money. barbers traded haircuts for onions and Idaho potatoes (696). It was so bad no one had money so from cash everything changed to exchanging goods. Everyone started trading their good for what they …show more content…
In the beginning people were not also respecting a lot from him too because of horrible economy. But there was something different in Roosevelt then previous president. “Roosevelt personal charm, political savvy and willingness to experiment made him immensely popular and far more effective than Hoover” (700). Roosevelt was brave and smart. Instead of going defensive on economy and trying to save everything he went opposite way. He went on according mode by telling people to spend and spending funds in the economy. His idea was that we already lost most of it. So, he was not worried about anything more. So, he went aggressive towards economy and money flow. He was using new ways to connect with public and trying to understand their problem by radio. He told all the big banks and lenders to invest their money in railroad and infrastructure. By that he gave people job. Not only he gave people

Related Documents

  • Improved Essays

    The Great Depression was a dark time for America that had disastrous economic, political and social effects. The collapse of the financial market led to the continual downwards spiral of the Depression. American banks gave out loans to those investing in the stocks using speculation, with many hoping to sell their shares for more than they purchased it for, paying off the bank and making a profit. Prices however began to fall quickly as investors tried to sell their stocks, unable to sell with the increasing numbers of shares. Companies were not selling as many goods, company profits fell and people became less willing to buy.…

    • 975 Words
    • 4 Pages
    Improved Essays
  • Decent Essays

    Black Tuesday Dbq

    • 306 Words
    • 2 Pages

    People lost their homes due to being unable to pay for them. People became scavengers for food and ran to charities for help. Because so many people were starving, charities started setting up soup kitchens to feed the needy. Some experienced being homeless, others started renting rooms to people to help pay for their homes.…

    • 306 Words
    • 2 Pages
    Decent Essays
  • Improved Essays

    President Franklin Roosevelt influenced the United States more so than any other president. He attempted to heal the nation by establishing reform programs, and he set up agencies to reduce debt and unemployment during the Great depression. Despite his stalling of economic growth during the great depression, Roosevelt benefited the nation with his reform policies and leadership during World War II. He guided the country through the most difficult of times and help the economy as well as foreign affairs in the opinion of most. Upon his election, the United States tasked him with a recovering the economy during the Great Depression.…

    • 453 Words
    • 2 Pages
    Improved Essays
  • Improved Essays

    President Franklin Roosevelt and President Herbert Hoover were more different than they were similar. They both tried to stop the Great Depression. They also were looking for new ways to make America a better social and economic country. Nonetheless, President Herbert Hoover's popularity was falling as voters felt and he was unable to reverse the economic collapse or deal with prohibition. His policies during his presidency were ineffective causing unemployment reaching as high as 25-30%.…

    • 330 Words
    • 2 Pages
    Improved Essays
  • Improved Essays

    Big Deal Dbq

    • 614 Words
    • 3 Pages

    he also had said something very strong that was a very important part in the election was “if that's the price I've got to pay it I'll pay it gladly” (Document C). And lastly he ha made the statement “you will recognize the words I'm going to repeat free at last free at last thank god almighty I am free at last.(Document E). The one very important part was the fact that he gave back to the kids in need and bought them food, clothes, water, and everything they possibly needed (document A).…

    • 614 Words
    • 3 Pages
    Improved Essays
  • Superior Essays

    Franklin Delano Roosevelt was the thirty-second President of the United States of America and was elected into office four times. This was a huge accomplishment because presidents were only supposed to be elected two times or be in office for a total of ten years. With this accomplishment came hardships. The United States was in turmoil. Roosevelt had to pull the United States out of The Great Depression and World War II.…

    • 1635 Words
    • 7 Pages
    Superior Essays
  • Improved Essays

    because of his determination of ending the coal miner strike. The reason that Roosevelt was a very beneficial progressive president is because he was the first president to intervene and step in to change things during the coal miner strike. This was even happened when the miners went on strike because they wanted less working hours and higher wages. This strike threatened to shut down the major fuel supply in many cities. President Roosevelt set up a fact-finding commission that suspended the strike.…

    • 871 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    New Deal Dbq

    • 486 Words
    • 2 Pages

    He also came up with the 3 R’s to help fix the economy (Relief, Recovery, and Reform). By using this approach, he started programs to help those living in poverty, which led to a small recovery of living conditions. For recovery he started finding ways for business to make profit again. Reform was the biggest R that was essential to the rebuilding of the economy and a way out of the Depression. He changed how the economy was formatted while keeping capitalism.…

    • 486 Words
    • 2 Pages
    Improved Essays
  • Improved Essays

    Although Franklin D. Roosevelt had a variety of good ideas such as the Civilian Conservation Corps which gave many Americans jobs just to help save the environment, overall his support through the Great Depression was well and good however his “New Deal” did not end the Great Depression. The New Deal failed to fix the economy and get the people of the U.S out of the Great Depression.…

    • 1142 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    He broke the large corporations up to increase competition which, as a result, fueled the economy. The increase in competition fueled innovation which resulted in a better selection of products for the…

    • 1469 Words
    • 6 Pages
    Improved Essays
  • Great Essays

    Franklin Delano Roosevelt stepped in as leader during a dark time in American history. Although some of his policies were unsuccessful, many of them helped pull America out of the Great Depression. There were a multitude of causes for the Depression, it was a culmination of many smaller problems resulting in one very big problem. There were also many reason as to why it lasted so long and was so cruel. FDR’s policies and programs were somewhat controversial and debated by many, but most of them proved to be successful.…

    • 1120 Words
    • 5 Pages
    Great Essays
  • Improved Essays

    That said Roosevelt was a great communicator. He promised more than hope. As he entered his first term, the country was experiencing the Great Depression and the people were still feeling the effects of WWI. The county was in disarray and in fear of their future. Roosevelt promised leadership.…

    • 1055 Words
    • 5 Pages
    Improved Essays
  • Superior Essays

    The Red Scare affected the American view on immigration because they wanted to place more limits on it. They did this by using the Immigration Act of 1924. This enforced a quota system that controlled the amount of people entering the country. It limited the annual immigration to 164,447 people (“Immigration Act, 1924”). Americans believed that Russians were the ones who were trying to spread their communist beliefs, so that is why they didn’t want many foreigners entering the country.…

    • 1893 Words
    • 8 Pages
    Superior Essays
  • Improved Essays

    The Great Depression Dbq

    • 1331 Words
    • 6 Pages

    The Great Depression began in 1929 and lasted almost 10 years; It was a time period when the America had the most severe economic. The majority of American left their home with dream to earn money to support their family; even teenagers left school to get a chance to work in order to find a better life on their own. People who found a work during the Great Depression would have a bad living condition provided. The owner housed them with a shanty, barn, or even an open field. However, the wage dropped dramatically since the large amount of workers came for works, even if the whole family had work, the money would not be enough to support them.…

    • 1331 Words
    • 6 Pages
    Improved Essays
  • Superior Essays

    The Great Depression is exactly what its name says. It was a very sad time for Americans that last for a very long time (1929 - 1941), and all because of an economic collapse. The stock market “bubble” had reached a very critical mass, as investors had spent very large sums of money on several shares. They eventually “popped this…

    • 1158 Words
    • 5 Pages
    Superior Essays