Some solutions of the problems that progressive reformers addressed were rights of African Americas, regulations of the food industry, and women’s suffrage. Most of the solutions brought meager change to what was being addressed. …show more content…
As soon as Franklin D. Roosevelt entered office he closed down all the banks to stop them from closing down. He began to shift the economy to have a stable dollar value that could be inflated or deflated if needed. After, the Glass-Steagall Act enabled the government to regulate banks, and give money to those whose banks failed through the Federal Deposit Insurance (Brinkley page 668). The Securities and Exchange Commission was established to regulate the stock market, so it wouldn’t crash again (Brinkley page 668). The regulations made the financial sector stable and promoted the public to participate in the stock market. The government’s role in the economy had increased, but it wasn’t very effective in relieving the conditions of the Great Depression. The policies helped more to prevent this from happening again, but did little to overall solve the Great Depressions problems.
The Progressive Era seen little improvement in overall conditions, similar to how the New Deal was semi-effective in attempting at alleviating the Great Depression. Unlike the Progressive Era, the New Deal shifted the government to be more involved in the economy and other areas. The federal government was no longer stagnant in the affairs of the people. The problems of both these eras mostly remained unsolved. There is a pattern