Great Depression Dbq Essay

The Great Depression was an economic downturn that began in 1929. The long term causes of the Great Depressions were the overproduction of farms and the instability of banks. Hoover was elected in 1928 and he believed in rugged individualism, the economy had natural cycles, and a do nothing approach. Hoover not stimulating the economy by putting money into it and providing jobs prolonged the Great Depression. FDR was elected in 1932 and he created the new deal, which was a series of government programs to provide reform to the stock market, relief to the American people, and recovery to the United States economy. The New Deal was a success in pulling America out of the Great Depression.
After FDR was elected and the new deal was created unemployment went down. According to Document 5 in 1933
The SEC helped reform the stock market to help future abuse of the stock market. This is the first step toward coming out of the great depression. Reforming the stock market will helped ensure that the stock market didn’t crash again. Programs like the SSA, WPA, PWA ,CCC, FERA, and NYA provided people relief through the form of money and jobs. These programs showed that The New Deal was taking steps toward bring America out of The Great Depression. Programs such as the FHA allowed people to get housing and insure mortgages.
Some parts of The New Deal were not successful. New Deal programs often discriminated against blacks. The FHA refused mortgages to many blacks. Even though the program discriminated it helped bring America out of The Great Depression. The New Deal Programs also cost the government a lot of money. Even though the programs cost a lot of money it was worth it to get out of the Depression.
The New Deal was a success because it brought Americans reform to the economy, relief, and recovery. It was the job of the government to help America out of the