Hoover's Programs During The Great Depression

There were many programs created during the Great Depression. All of the new programs were created in hopes of boosting the economy out of the depression - some of these programs worked and some failed miserably. President Hoover believed that we needed to rebuild the economy to be back from the depression. He created the Agricultural Marketing Act in 1929. This act provided loans to farmers and to businessmen to prevent bankruptcy. President Hoover was an active supporter of “rugged individualism.” Hoover also created the Reconstruction Finance Corporation. This limited the amount of direct relief that was offered to citizens from the government. On the other hand, Roosevelt knew there were changes that needed to be made and he was willing to come into office and make those changes immediately. …show more content…
The New Deal was created to “reform society” and get the United States back to where it was before the Great Depression. The New Deal was split into two sections, the First New Deal and the Second New Deal. The First New Deal included the First 100 Days. The First 100 Days was focused on the main goal of providing relief to Americans. During the First 100 Days Roosevelt established a Bank Holiday which closed the banks until they could come back stronger than before the depression. There were many more changes made by Roosevelt in the First New Deal including, the Federal Emergency Relief Act and the National Industrial Recovery