History Created Equal Chapter Summary
Chapter 22 of “History Created Equal” explores the hardships and hopes of the great depression. This chapter investigates the situation leading before the Great Depression, and explains the attempts and measures that were taken in order to relive many Americans and end the Great Depression. These relive efforts take shape in the form of the first new deal and in the second new deal. Before the onset of the Great Depression, Herbert Hoover was elected president of the United States in 1928. Hoover was a popular administrative hero of World War 1, as he guaranteed more prosperity and further advantages for large companies even after the crash of the stock market. After the stock market crashed Hoover decided to increase spending for public works programs, in order to give people jobs for those who really needed it. Later, Hoover wanted to restore confidence in the economy by raising taxes and culture spending, but considering the depth of the Great Depression, his efforts had only made thing worse. The American economy rapidly slipped into recession and the onset of the Great Depression had now fully engulfed the United States. Millions of Americans lost their jobs and their homes. Additionally, The aftermath had left a widespread ripple effect throughout the world: leading to a
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This spelled optimism for Democrat Franklin Delano Roosevelt, as he would later beat Hoover in the 1932 election. With his presidency, Roosevelt was able to rally up the Democratic Party in congress and pass a package of extensive laws known collectively as the New Deal. During Roosevelt’s First Hundred Days in office, he and Congress passed the bulk of the legislation of the First New Deal. This legislation would help create the Agricultural Adjustment Administration (AAA) to deliver federal subsidies to farmers and created numerous new jobs through the formation of the (CCC), (CWA), (PWA),
This spelled optimism for Democrat Franklin Delano Roosevelt, as he would later beat Hoover in the 1932 election. With his presidency, Roosevelt was able to rally up the Democratic Party in congress and pass a package of extensive laws known collectively as the New Deal. During Roosevelt’s First Hundred Days in office, he and Congress passed the bulk of the legislation of the First New Deal. This legislation would help create the Agricultural Adjustment Administration (AAA) to deliver federal subsidies to farmers and created numerous new jobs through the formation of the (CCC), (CWA), (PWA),