Wednesday, March 27, 2013

Roosevelt's Reign

The election of 1932 was no surprise. After Hoover went for a second term, Franklin D. Roosevelt ran, too. He won by a landslide. He introduced a two-part idea called the New Deal. The first part of the New Deal helped stabilize the country's people and economy. Once the stabilization took place from 1932-1935, the seonc part went in to action. This part built the country from the ground up. Providing more relief programs and helping the people was  success, the country finally was better off than it was in a long time, thanks to Roosevelt. America has always been able to overcome a challenge, and it certainly overcame this one.

Hoover's Response

President Hoover
America had been in depressions before, but all of which had lasted only a few months. By November 1930, it was clear to President Hoover  that this depression was not going to mend itself. Hoover requested Congress \to increase spending on public works, such as highways and dams. The government also loaned money to banks and railroads to get the economy back up. Hoover was dead wrong. The economic status dropped even more than before, and when Hoover's efforts failed, people started calling this fall the "Great Depression". Despite his best efforts, citizens were now looking for a new leader.