It is under no dispute that the United States was in turbulent e comic conditions during the 1930’s, the period referred to as the Great Depression. During this period of time, many different approaches were taken by many different people in an effort to stop the unhealthily plummeting prices and rising unemployment. In combination with untimely and cruel natural disasters such as the dust bowl, many would argue that this period in history was the worst that Americans were called to face since the beginnings of our country. Herbert Hoover was elected during the period of time before the depression that was booming economically and culturally.
Being a self made man, his quote in 1928 that ‘We in America are nearer to the final triumph over poverty than ever before in the history of any land.’ This was popular opinion at the time, and helped him to get elected. However, By the end of 1932 industry was operating at less than half its 1929 volume. In this same period around 85 thousand buisnesse’s failed, and the Great Depression was in full swing. Franklin Delano Roosevelt’s entrance onto the presidential scene was a welcome change for the American people, who were looking for a different approach than Hoover’s ‘Filter’ tactics which helped the rich in hopes that the money would filter down to the poor. This did not work. However, The New Deal and policies of the Roosevelt administration were more of a placebo, which helped to stimulate the imaginations of the American people, and eventually got the economy back on track.
The Essay on Great Depression American Time Unemployed
The Great Depression Throughout the 1930's, the United States of America underwent its worst economic hardship ever. This struggle, known as the Great Depression, affected every aspect of American life. As the result of economic disparity brought on by the First World War and the great stock market crash of 1929, the depression sent America into a downward spiral into poverty. Businesses filed for ...
The New Deal was especially emphasized in the Connecticut community. In Connecticut, there were about 41, 000 relief cases in 1934 on public welfare.