The Great Depression And Economic Depression Essay

1239 Words Mar 2nd, 2016 5 Pages
During the late 1920s to the late 1930s, the United States was impacted by the Great Depression, in which the US economy reduced the amount of job opportunities and increased the amount of poverty in the nation. The Great Depression was an economic depression that affected the US economy severely during the 1930s. The Stock Market Crash of 1929, Overproduction in farms and factories, Conflicts with the international economy and the Inequality of income in the US were all key parts that caused the Great Depression. The Depression took place at the end of Herbert Hoover’s presidency and carried into Franklin D. Roosevelt’s presidency. FDR stepped into office with several problems that affected everyone in the nation. One of which included Unemployment. Unemployment increased dramatically and people were on the streets with no food, water or shelter. Therefore, an increase of unemployment was fabricated from the economic depression in the US. FDR’s economic plan, the New Deal, helped ameliorate the Great Depression by creating employment through several legislations that were passed. Between 1929 and 1939 FDR’s administration had to overcome the challenge of unemployment urgently in order to reduce instability in the US economy by creating several legislations, like the CCC, WPA, etc., which helped grow employment and reduced economic tension within the nation. FDR’s administration had to immediately solve the nationwide crisis of unemployment and instability in order to…

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