Great Depression DBQ

Topics: New Deal, Great Depression, United States Pages: 2 (435 words) Published: March 5, 2014
 Great Depression DBQ

Great Depression DBQ

During the early 1930s, the United States has fallen into a great depression. Banks have fallen and unemployment is at an all-time low. Nearly 40% of nonfarm workers were unemployed during the beginning of his presidency. Now a new inaugurated president has decided to take these issues into his own hands and issued a New Deal that promised relief, reform and recovery to the fallen nation. FDR’s New Deal was effective because he issued countless of programs that recovered many of the problems in the United States then like homelessness and businesses failing. To help recover the banks, the Glass-Steagall Act was passed and established the FDIC which provided federal insurance for bank accounts of up to $5000. The Federal Securities Act also worked to regulate the stock market that provided complete information on stock offerings and . In 1934, the Securities and Exchange Commission was created to regulate the stock market. Doc. H shows you how the role of the government is being made better and how it is getting stronger by taking on more responsibility. The programs are strengthening and creating effectiveness for the nation through relief and reform. The New Deal also brought regulation to public utilities and laws to promote rural electrification. Only 12.6 percent of American farms had electricity. FDR established the Rural Electrification Administration that financed and worked with electrical cooperative to provide electricity to isolated rural areas. Up to 90 percent of America’s farms and rural homes had electricity by 1949. The Tennessee Valley Authority was helpful in providing more power and relief to the environment by providing electricity and harnessing water power to generate electricity in the Tennessee Valley. To this day it continues to serve the seven surrounding states....
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