New Deal During The Great Depression

The idea of a New Deal was supported by some people and rejected by others. The Great Depression struck the nation in 1929 and ended in 1939, it was due to economic and social hardships. The stock market crash of 1929 caused high prices leading many people invest in stocks, and take loans from banks. Many banks closed due to the stock market crash on Oct 24, 1929. Farmers lost their farms between 1930 and 1934 because of the destruction caused by the dust bowl. The stock market crash and the Great Depression caused many people lack of jobs. Herbert Hoover, the president during this time of period felt that the government should not interfere with such events. Hoover also requested that wealthy Americans should help the poor, in which they were known as volunteers. Teddy Roosevelt became president in 1933 to help recover the nation …show more content…
The Civilian Conservation Corps (CCC) was a public work program to help unemployed, unmarried men as part of the New Deal, with this program “We are clearly enhancing the value of our natural resources and second,...appreciable amount of actual distress.”(Franklin D. Roosevelt,9), this program also helped to build and develop natural resources to aid unskilled laborers. Although this program was condemned by others, the jobs funded ranged from digging to highway repairs to teaching. The unemployment rate dropped during 1933-1939. The decrease of unemployment helped to stabilize the economy. Many construction projects went into action to help the economy by providing jobs, the Works Progress Administration (WPA) offered eight million construction jobs. (Citation). A public work program, called the Civil Works Administration (CWA), not only created jobs, but also provided physical and psychological help to its four million workers. FDR main goal of the New Deal was to end unemployment and the Great depression, which was partly