Recovery From The Great Depression

During FDR’s first hundred days of his presidency, he advanced and Congress passed 15 bills. One of them, including the Civilian Conservation Corps (CCC), which accorded jobs for people between the ages of 18-25. This program specifically targeted white men. Some of the jobs included building parks, planting trees, and building small dams. However, in the Second New Deal, the Works Projects Administration (WPA), which funded the government with $4 billion for public works. This created jobs for the people who lost their jobs during the crisis. The CCC and WPA decreased the unemployment rate, however there are many people that are still unemployed. The unemployment rate also triggered bank failures.

After the Stock Market Crash of 1929 and the Hoover administration, something had to be done regarding the relief and recovery of the Great Depression. This was one of the more important objectives of Franklin Delano Roosevelt’s first term as president. Although Herbert Hoover made somewhat of an attempt trying to reconcile the country, but he was unable to live up to his rhetoric, “prosperity is right around the corner.” Hoover failed to comprehend the extent of the damage of the stock market crash from a global perspective and simply did too much too fast. When Franklin Roosevelt came into presidency in 1933, he set out his first hundred-day plan. Within the first term, FDR created a series of relief and recovery acts to start the

Even during the Great Depression, Hoover believed that government should minimize the help given to the people, and furthermore, he stated in document B to the American people that "Economic depression cannot be cured by legislative action or executive pronouncement. " Document C also repeats the same point Hoover stresses repeatedly: If the government were to help restore the economy, it would do more harm than good. Hoover's conservative stance did grow more liberal nearing the end of his presidency, however. He eventually created programs of relief meant to aid unemployment -Document B- and loans to farmers -Document C- in the form of the Reconstruction Finance Corporation which was made to help banks, farms, railroads, and such.

The Great Depression, pulled the American economy to its all-time low. The government mitigated the depression with several methods. When the stock market collapsed, people started losing their jobs and then their homes to the banks. People were desperately searching for jobs even if it’s terrible, until the government formed the CCC. The Civilian Conservation Corps (CCC) was formed to provide hope and dignity to young American citizens and their future generations.

“ Our greatest task is to put people to work. This is no unsolvable problem if we face it wisely and courageously. It can be accomplished in part by direct recruiting by the government itself, treating the task as we would threat the emergency of war, but at the same time, through this employment, accomplishing greatly needed projects to stimulate and recognize the use of our national resources.”

During The Great Depression, the New Deal Instituted many programs where some had many accomplishments some many failures and some had both accomplishments and failures. The programs that had the greatest impact of the Great Depression were the creation of the securities and exchange commission, The works Progress Administration, the Fireside Chats, and the Wagner Act. The programs that had some accomplishments and failures were the civilian conservation corps, the Tennessee Valley Authority and the institution of the Social Security. Lastly, the program that had nothing but failures was the Court Packing Plan.

President Franklin Delano Roosevelt knew immediate action had to be taken to stop the economy from crumbling more than it already had. The New Deal enforced many new policies that helped the nation start fresh and halted any further damage to the economy. Many new legislations were put in place, such as the Civilian Conservation Corps, the Civil Works Administration, the Federal Emergency Relief Act, and others intended to provide immediate jobs or financial assistance. These were all part of the relief stage, which was aimed to help those in urgent need of food, money and care. Founded in 1933, the Civilian Conservation Corps, or CCC, was one of the most successful legislations and it provided jobs for young men. It was a win-win because not only were the men employed and making money, but a part of their salary was sent home to their families, saving millions, and according to document 3, they began construction projects around America,

Never had the flaws of capitalism been so evident or as devastating as during the decade that followed the outbreak of the Great Depression in 1929. All across the Euro-American heartland of capitalist world, this vaunted economy system seemed to unravel. For the rich it meant contracting stock prices that wiped out paper fortunes almost overnight. On that day that the American stock market initially crashed (October 24, 1929), eleven Wall Street finances committed suicide, some by jumping out of skyscrapers. Banks closed and many more people lost their life savings. Investment dried up, world trade dropped by 62 percent within a few years and businesses contracted when they were unable to sell their products. For ordinary

With the public work programs, Hoover provided unemployed Americans with many different jobs in order to create some sort of income. The most famous of these programs was the Boulder Dam, which will be talked about later. Throughout the entire depression, Hoover stood on his belief of a hands-off government until late in his presidency. Under pressure from Americans and his fellow politicians, President Hoover eventually gave in and signed an act granting money and/or food to areas in dire need. That was the extent of his direct relief.

They write, “In response to the massive unemployment of the 1930’s, Roosevelt’s New Deal in 1933 introduced the first federal relief programs targeted at the poor and unemployed… he anticipated that the work relief jobs would boost consumer spending and thus increase demand for labor, which would then raise private employment and earnings.” (Neuman, Fishback, Kanton, pg 4) This quotes illustrates that programs such as these relief jobs, would not only be able to get the people back to work, but also get the economy up and running again.

The election of 1932 focused primarily on the Great Depression, the recent economic crisis that had swallowed the nation. At this time, thirteen million people were unemployed and 774 banks were shutting down annually. Economically unstable, Americans turned to Franklin Delano Roosevelt who claimed, “better days were ahead” with his New Deal reformation. He promised economic “recovery, job creation, investment in public works, and civic uplift” (Harvey 88). Immediately upon entering the white house, he began his 3 R process: relief, recovery, and reform (Bateman and Taylor 73). While this revolution would bring reform to U.S banking systems and help improve unemployment, the restoring of economic stability would go unmet; therefore, we must question the true effectiveness of this reformation. Roosevelt is considered to be one of the nation’s greatest and most influential presidents, yet he did not end the great depression as he was expected to. Was FDR as potent as we credit him to be? By exploring society before the depression, comparing presidents prior to FDR, as well as dissecting the success and failures of his New Deal reconstruction, we can analyze and conclude FDR’s true role in healing the nation.

The Civilian Conservation Corps was established in 1933. It was part of the New Deal which was created for the Great Depression under President Franklin Delano Roosevelt. The CCC was formed to provide jobs to the unemployed, and for natural resource conservation. The CCC and other New Deal programs benefited the economy by helping the citizens, and gave the national economy the push it needed to get back on its feet. The CCC takes an eminent place in history.

In 1929 the stock market crashes due to an unstable economy, over speculation and Government policies. Many people think that the stock crash was to blame for the Great Depression but that is not correct. Both the crash and depression were the result of problems with the economy that were still underneath society 's minds. The depression affected people in a series of ways: poverty is spreading causing farm distress, unemployment, health, family stresses and unfortunately, discrimination increases. America tended to blame Hoover for the depression and all the problems. When the 1932 election came people weren’t very fond of Hoover, but Roosevelt on the other hand introduced Happy Days and everyone loved that idea.

Once President Franklin Roosevelt was elected during the Great Depression, his first 100 days enacted what he called the New Deal. This “deal” was a series of reforms that were meant to increase available jobs, better the working conditions, and put money back into the economy. Jobs offered during this time, as well as the relief, recovery, and reform efforts gave a kick start to the American economy, helping to pull us out of the Great Depression. Some examples of these efforts can be seen in the Civilian Conservation Corps (CCC), the National Recovery Administration (NRA), and the Social Security Act (SSA).

The three stages of FDR’s new deal were relief, recovery. The CCC provided relief the AAA helped the economy bounce back and SEC helped prevent a Great Depression from happening again. The CCC or the Civilian Conservation Corps has created the CCC with an executive order on April 5, 1933. The CCC was part of his New Deal legislation, fighting high unemployment during the Great Depression by putting hundreds of thousands of young men to work on environmental conservation projects. The CCC combined FDR’s interests in conservation and service for the youth. As the former governor of New York, he had a similar program on a smaller scale The United States Army helped to solve an early problem of transportation. Most of the unemployed men were in Eastern cities while much of the conservation work was in the West