Essay on Great depression
The Great Depression
Complete the chart by filling in each president’s views on the Great Depression.
Franklin Delano Roosevelt
Causes of the Great Depression
*Weak agricultural and industrial growth in the US was due to foreign competition with domestic businesses, and a solution that helped both domestic and foreign economies grow mutually was not necessary.
*The lack of individual and voluntary response to the depression, especially response from industry leaders, was the issue, and policies regarding “CEO philanthropy” should be encouraged in lieu of federal intervention.
*Lack of employment was due to a lack of public projects and improvements which …show more content…
Most historians agree that the New Deal did not solve the problems of the Great Depression and that, in short, it failed to bring about full economic recovery. Nevertheless, it can be argued that the New Deal was significant in that it introduced a new political tradition and brought fundamental change in a number of areas to America.
Write a 350-word response to each of the following questions:
What do you think is meant by the statements above? How did the New Deal change America? As nearly ten million men remained unemployed throughout the 1930s, it cannot be said that the New Deal, in its first or second iteration, successfully ended the Great Depression in its own right. However, the New Deal did not permanently change the face of American politics, culture, its views on labor and crime, and its race relations. The idea that federal government involvement or even control of the national economy induces economic recovery remains and shows continued effectiveness even today. The New Deal helped bring the social realities of poverty, prostitution, crime, and suicide to the public stage where it continued to affect culture, social policy, and the national identity (Schultz, 2012). Although they had existed