Essay --

The Great Depression was an absolute economic disaster that occurred after the big stock market crash of 1929. This crashed occurred mainly because of all the excitement caused by the Roaring Twenties. Popular items like automobiles and household appliances ended up being produced in much greater quantities than were being sold. The current president of the United States, Herbert Hoover, was not succeeding at all in putting an end to The Great Depression. All Americans were desperate to find someone who would aid them in climbing out the great sink hole that was the stability of the United States. Thankfully, for them, Mr. Hoover’s successor will be the man to do the trick of bringing America out of that hole. The First and Second New Deals were responses to the worst economic tragedy in American history. Without these deals, America’s economy would have been disastrous for much longer and could have easily had a role on our economic stability today. After taking oath of office on March 4, 1933, Franklin D. Roosevelt knew that he was going to have a lot on his presidential plate. At this point in time, the economy was almost to the point of completely collapsing. Roosevelt grew up in a rich family and was never one that ever had to work just to make ends meet. He was quite intelligent, graduating from Harvard. He is known for having a charming personality and he knew how to persuade anyone to get what he wanted done accomplished. After graduating from Harvard, he started a career in banking and then went on to become the governor of New York in 1928. So, he was more than qualified for the presidency and many had faith that he could play a big role in saving America’s economy. On March 5, 1933, one day after taking oath, Roos... ...f The Great Depression. Roosevelt and his administrations efforts simply put people back to work helped stabilize the economy and gave Americans hope. Some parts of the New Deals were successful, some were not so much so. All of these acts are also responsible for providing an infrastructure to the current economic system of America and it also provided smaller things like great roads, bridges and dams to greater acts like Social Security. Roosevelt’s reforms put an end to many disasters but on the other hand, he knew there were problems that he could not change so he left them be. His efforts were so well-known and praised that after he ran for election again in 1936, he beat the Republican Party by a landslide which showed that the Americans supported him and his great actions. He deserves most, if not all of the credit for the successes of the American economy.