Hoover and Roosevelt's Response to the Great Depression

Topics: New Deal, Franklin D. Roosevelt, Great Depression Pages: 2 (745 words) Published: March 19, 2013
The depression while Herbert Hoover was president drove America into something they have never experienced before. For the first time, Americans experienced a lack or resources and money and they did not know how to help themselves. Hoover stated: “...Economic depression cannot be cured by legislative action or executive pronouncement…”[1] Hoover believed that the American people should be able to pull themselves out of a depression without the help of the government. People disagreed with Hoover’s ideas and wanted a new leader with ideas to help them out of the depression. Franklin Roosevelt created many programs during his presidency that helped aid the country struggling through the Great Depression. The New Deal (1933-1940), Roosevelt’s plan called for immediate relief, economic reform, and future recovery. The implementation of Roosevelt’s New Deal plan was successful in pulling the country out of the depression.

Roosevelt created many relief programs, the Emergency Banking Act which closed all banks in the nation so the government could inspect the banks health. The Federal Deposit Insurance Corporation (FDIC) was created to insure deposits up to $5000. In 1933, the Federal Emergency Relief Administration (FERA) was formed under the New Deal. This gave loans to the states so they could run their own relief programs. FERA was replaced in 1935 by the Works Progress Administration (WPA). The WPA provided jobs for 8 million Americans constructing and repairing schools, hospitals and many other things. The Civilian Conservation Corps (CCC) gave 2.5 million single men to work saving forests and beaches and parks. It also gave 8,500 women similar jobs. This program taught men and women how to live independently. Roosevelt, “brought up the idea that became the Civilian Conservation Corps. Roosevelt loved trees and hated to see them cut and not replaced. It was natural for him to wish to put large numbers of the unemployed to repairing such devastation.”[2] This...
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