Following the Great Depression, President Roosevelt Franklin was elected in 1932. Upon his election to deliver the New Deal, an unprecedented number of reforms addressing the catastrophic effects of the Great Depression, Roosevelt felt it was the federal government’s duty to help the American people weather these bad times. His first duty as president was to declare a four-day bank Holiday, during which time congress drafted the Emergency Banking Bill of 1933, which stabilized the Banking system. This restored faith in the Banking systems for the people. Three months later he signed the Glass-Steagall Act, which created the FDIC, federally insuring deposits. The Civil Conservation Corps was one of the New Deal’s most successful programs. It addressed the pressing problem of unemployment sending millions of men to the Nations’ forests to work. The Works Progress Administration program; Roosevelt’s major work program, would employ 8.5 million Americans to build airports, parks, bridges, etc.
Other programs included were, The National Industrial Recovery Act (NIRA) and The National Recovery Administration (NRA) were created to help unemployment. The Federal Emergency Relief Program (FERA) gave 3 million to states for work relief programs. The Agricultural Act subsidized farmers for reducing crops and provided loans for farmers facing bankruptcy. The Home Owner’s loan Corporation (HOLC) helped people save their homes from foreclosure. The Deal Programs did not end the Great Depression, they did however help Americans by taking care of their basic needs and giving them the dignity of work and hope. President Roosevelt not only got the American people a start in the Great Depression but he would go on to pass a few more important deal programs.
The Wagner Act, one of the most important pieces of labor legislation in History. It supported the rights of working class Americans, guaranteeing workers’ the right to organize Unions and bargaining with management....
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