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Fdr And The Great Depression

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Few Presidents have faced situations as troubled as Franklin Delano Roosevelt did when he was elected into office. The economy was in shambles and unemployment was skyrocketing. However, few Presidents have impacted the country as swiftly and effectively as FDR either. He set out to bring an end to the Great Depression, which had been created by fear itself. Undaunted, FDR and Congress, together, were able to pass a whopping 15 major bills in FDR’s first 100 days in office as a part of his New Deal. While each bill was important and extremely impactful in its own respect, the CCC, TVA, and FDIC are, when reflected upon today, considered to be the most successful programs created under these bills.
When FDR was elected President in 1932, the United States was deep in the most severe economic depression the country had ever experienced: the Great Depression. The Great Depression had taken shape almost four years prior to FDR’s Inauguration with the crash of the stock market bubble in 1929. Following the stock market crash, companies began laying off workers due to a sudden drop in investment and consumer spending. This led to a vicious period of cyclical unemployment and the depression became even worse. Eventually, there were runs on the banks as people tried to guarantee the security of whatever savings they had left. This, too, only made things worse as banks were unprepared and thousands failed. The load that FDR faced entering the Presidency had not been lessened by his

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