Black Friday: The New Deal

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Beginning on December 29th, 1929, also known as Black Friday, the stock market on Wall Street crashed. This marked the onset of the Great Depression, the greatest economy downfall in United States history. For the beginning years of the Great Depression, Herbert Hoover was the President, but he did not put forth a large enough effort to help the American people get out of the turmoil that was created. Up until the election of 1933 where Franklin Delano Roosevelt, FDR, took the office from Hoover, there was no hope in regaining economic stability. Once in office, FDR tried to slowly stabilized the economy and help provide jobs to those who were in need. On March 4th, 1933, FDR spoke his first inaugural address in Washington’s Capitol Plaza. …show more content…
These new acts and bills helped the economy some, but there was still very high. In the spring of 1935, Franklin Delano Roosevelt launched a more aggressive series of federal programs known as the second new deal. The first thing introduced was in April of 1935 and it was the Works Progress Administration which assisted the unemployed acquire jobs. This administration was not allowed to compete with the private industry. It focused on building post offices, schools, bridges, highways, and parks. It also helped artists, writers, theater directors, and musicians obtain work. In July of 1953, the National Labor Relations Act (also known as the Wagner Act) created the National Labor Relations board. This board was founded to supervise union elections and prevent businesses from treating works poorly. FDR signed the Social Security Act of 1935 in the …show more content…
This require that the government help care for dependent children and the disabled. In 1936 it was time for another election. Roosevelt told a rowdy crowd at Madison Square Garden that he wanted to fight against the people who were profiting from the depression. The crowd went wild and before anyone know it, FDR was back in office for a second term. The end of the New Deal came when FDR argued that his ideas were not being passed due to the highly conservative Congress. He then created a plan to rid the congress of about three quarters of those conservatives and replace them with liberals so his ideas would have an easier time being passed. As soon as the conservatives heard of this plans, they started supporting and voting for the New Deal projects in fear of being terminated. When the public heard of this, Roosevelt’s public image was damaged and his competitors had new ammunition towards him. The public started anti-Roosevelt groups which made it difficult to enact any new programs or acts. This put an end to the economic growth resulting from Roosevelt. On December 7th, 1941, the Japanese bombed Hawaii’s Pearl Harbor and the United States entered World War

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