Positive Effects Of The Great Depression

1375 Words 6 Pages
The Great Depression ravaged the 1930’s was a time of great strain for the American people, both economically and morally. They had to deal with mass droughts that destroyed crops, the stock market crash that led to many banks going out of business, and the collapse of the job market which left millions unemployed. With one third of the population poverty stricken, despair was a mentality that spread across the nation. The Great Depression had an immense negative affect the citizens who had to endure it, leaving the whole country in a depressed state wherein over one third of the population was left to struggle for their basic needs and livelihood. The New Deal was the driving force that the American people need, it gave them hope and new opportunities …show more content…
Many middle and lower class families during the Great Depression faced this cruel reality of poverty as low wages, poor growing seasons, and general sparseness of job opportunities meant money had to stretch. These problems along with the stock market crash in 1929 caused most American banks to close down. With banks going out of business potential borrowers were left without the option of borrowing money if they failed to make ends meet. One third of the population had to struggle for basic needs, let alone be able to set aside money for education and time for recreations. During Franklin D. Roosevelt 's second Inaugural address he gave his viewpoint of the current situation. His presidential position on the matter was highly respected and agreed upon for the majority of the American people, this can be inferred as America re-elected him for a second term in office. He was first elected in 1932, the height of the worst depression America has ever withstood, and it was his huge role that brought them out of …show more content…
He got straight to the facts: people were struggling for their basic needs and it was his job as president to fix it. The Great Depression was a difficult time to live through, in times where surviving is more important than living it is hard to move forward. The New Deal helped the people struggling by creating acts like the NIRA (National Industrial Recovery Act) that regulated working hours and wages to address unemployment and banned child labor, and the AAA (Agricultural Adjustment Act) that provided loans to farmers facing bankruptcy. Roosevelt brought the improvement the US so desperately needed. After introducing the programs it was all American citizens that truly ended the depression with their

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