FDR roosevelt
“The test of our progress is not whether we add more to the abundance of those who have much, it is whether we provide enough for those who have little.”
Franklin D. Roosevelt
The Great Depression had devastated the nation. Before the New Deal, there was no insurance on deposits at banks. When thousands of banks closed there was no national safety net, no public unemployment insurance, and no Social Security Relief. In 1931 unemployment in the U.S. increased from 4% to 25%. So in response to the great depression, Roosevelt focused on what historians call the "3 Rs": Relief, Recovery, and Reform. Relief for the unemployed and poor; Recovery of the economy to normal levels; and Reform of the financial system to prevent a repeat depression. And out of this idea stemmed, a set of programs and policies which were designed to promote economic recovery and social reform for the 1930’s.
The response was The First New Deal it dealt with banking and railroads, industry and farming. This first phase of the New Deal is characterized by its conservatism and experimentation. Some new programs like the National Recovery Administration whose goal was to eliminate "cut-throat competition" by bringing industry and government together to create codes and set prices had been seen as failures. While other programs lasted about a decade, and some became permanent.
In 1935 Roosevelt launched a second, more aggressive and riskier series of federal programs, sometimes known as the Second New Deal. Under this Roosevelt created the Works Progress Administration to provide jobs for unemployed people, they focused on building things like post offices, bridges, schools, highways and parks. The WPA also gave work to artists, writers, theater directors and musicians. FDR signed the Social Security Act of 1935, which guaranteed pensions to millions of Americans, set up a system of unemployment insurance and that federal government would help care for dependent children and the disabled.
Franklin D. Roosevelt
The Great Depression had devastated the nation. Before the New Deal, there was no insurance on deposits at banks. When thousands of banks closed there was no national safety net, no public unemployment insurance, and no Social Security Relief. In 1931 unemployment in the U.S. increased from 4% to 25%. So in response to the great depression, Roosevelt focused on what historians call the "3 Rs": Relief, Recovery, and Reform. Relief for the unemployed and poor; Recovery of the economy to normal levels; and Reform of the financial system to prevent a repeat depression. And out of this idea stemmed, a set of programs and policies which were designed to promote economic recovery and social reform for the 1930’s.
The response was The First New Deal it dealt with banking and railroads, industry and farming. This first phase of the New Deal is characterized by its conservatism and experimentation. Some new programs like the National Recovery Administration whose goal was to eliminate "cut-throat competition" by bringing industry and government together to create codes and set prices had been seen as failures. While other programs lasted about a decade, and some became permanent.
In 1935 Roosevelt launched a second, more aggressive and riskier series of federal programs, sometimes known as the Second New Deal. Under this Roosevelt created the Works Progress Administration to provide jobs for unemployed people, they focused on building things like post offices, bridges, schools, highways and parks. The WPA also gave work to artists, writers, theater directors and musicians. FDR signed the Social Security Act of 1935, which guaranteed pensions to millions of Americans, set up a system of unemployment insurance and that federal government would help care for dependent children and the disabled.