Herbert Hoover And The Great Depression

What was the Great Depression? The Great Depression was a horrible and depressing time for the United States. The United States faced many crashes in the stock market. However, the stock market that crashed in October 29, 1929 was very severe to the point it engendered the Great Depression. The times became so difficult and hard to the point people started killing themselves. The numbers of people commiting suicide in the Great Depression “ averaged 12.1 per 100,000 people in the decade prior to the Depression”(shmoop.com). In the time of the Great Depression, “unemployment had risen from 8 to 15 million (roughly 1/3 of the non-farmer workforce) and the gross national product had decreased from $103.8 billion to $55.7 billion”(www.gwu.edu). …show more content…
Herbert Hoover was defeated in the 1932 election to Franklin D. Roosevelt who was a demoracat. FDR instantly went into work by forming a New Deal Program to help America in the Great Depression. THe New Deal Program spilts into three catgeroty or R’s. First, relief which provided assistance and aid to the unemployed citizen in Ameria through relief checks and open jobs that the government created. Second, recovery which was temporary programs to restart the flow of consumer demand (socialstudieshelp.com). Lastly, reform which was long term solution to the economic problems. The New Deal program helped America but not to the extend it end the Great Depression. Instead, it was until World War II the Great Depression ceased. All of the historians have a perceptive or an opinion on the New Deal program. Some historians adulated the New Deal program but some censure its existence. Some historians believes the New Deal program was the salvation of capitalism but some believes it’s the transition of socialism. Despite the fact, the New Deal program had some liberal programs it was still the salvation of capitialism and not the transition of …show more content…
Leuchtenburg who is a leading scholar life of Franklin D. Roosevelt, historian and history professor at University of North Carolina at Chapel Hill (en.wikipedia.org) stated his point of view on the New Deal program in Franklin D. Roosevelt and the New Deal: 1932-1940. In the same way, that Bernstein believed that many other groups were excluded from the New Deal Program is the same with William E. Leuchtenburg belief. William E. Leuchtenburg believed that the New Deal program was a limited aid like Bernstein. Even though, Leuchtenburg believed that he also believed the New Deal program helped the society greatly and alleviated the sereve sufferings in America. Just like Carl N. Degler. Leuchtenburg believed that the first stage or the beginning of the end of individualism occurred in the New Deal program. To sum it all up, Leuchtenburg believes that the New Deal program was a salvation of