Question and answer
To what extent was the New Deal successful in solving the economic crisis of the Great Depression?
The Great Depression was a catastrophic phenomenon in which America faced during 1929-1941. It had caused unprecedented hardships to businesses, workers, farmers and ethnic minorities. [ The Wall Street Crash of 1929 triggered the slew of the stock market meltdown characterised by bank closures, depositors lost their monies, farm lands were auctioned, and 25% of working force were unemployed.
Prior to the stock market crash, symptoms of economic disaster were showing such as gross imbalance in wealth distribution (0.1% of the population earned 42% of the income of the masses), excessive production of goods, natural calamities known as dust bowls hit farm lands, etc. By now, disappointment of the American people on Herbert Hoover's "laissez-faire" governmental approach to reverse the crisis was escalating. In the 1932 November election, Franklin Delano Roosevelt won a landslide victory and therefore officially became President on early March 1933. "I pledge you, I pledge myself to a new deal for the American people." Roosevelt informed the convention in his acceptance speech. The New Deal was a suite of economic and social programs and legislation initiated by Franklin Delano Roosevelt, the 32nd president of USA (1933-1945), in hope to solve the economical crisis America was facing and to restore confidence in the people of America. Most historians categorize these initiatives as the 3R's: Direct Relief was the first; those millions of Americans who were in desperate need of food and money were helped; Economic Recovery was the second; government had to intervene in order to lead the country out of the depression; Reform was the third; mistakes and faults had to be set right in order for the United States of America to advance forward. ]
Expert answered|kristy49|Points 0|
Question
Asked 2/19/2013 7:06:01 PM
0 Answers/Comments
Get an answer
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
18,442,311 questions answered
Popular Conversations
Simplify 7 - (-4) + 3(-6). -7 7 -9 9
Weegy: 7 - (-4) + 3(-6) = -7 User: Evaluate 3|-3|. -6 6 9 -9 Weegy: 7 - (-4) + 3(-6) = -7 User: Evaluate ...
11/24/2014 2:58:50 PM| 9 Answers
In the expression (x2 + 3), the base is _____. x 2 3 User: ...
Weegy: A number can not be divided by zero. The answer to 8/0 is undefined. User: Another name for the natural ...
11/24/2014 2:38:34 PM| 7 Answers
Simplify 3 · 2x. What is the coefficient? 2 3 6 x User: ...
Weegy: c User: Find the value of (3 + 4)2. 14 25 49 User: Evaluate N2 + 2N + 1 for N = 5. 21 36 51 Weegy: ...
11/24/2014 2:34:02 PM| 6 Answers
6 1/3 + 4 ¾ + 3 7/12 = 13 11/12 14 2/3 13 2/3 14 7/8 User: ...
Weegy: 3/5 to a decimal fraction is 0.6 3/5 = 0.6 User: 16 is what percent of 72? 22.2% 2.22% 4.5% 45% ...
11/24/2014 8:12:37 AM| 4 Answers
what was the first human invention to break the sound barrier
Weegy: The first human invention to break the sound barrier is a whip or [ bullwhip. ]
11/24/2014 10:26:02 AM| 3 Answers
How is the infinitive used in the sentence? Are those cowboy boots ...
Weegy: I need some time to think. Infinitive: To think; Use: Adjective User: How is the infinitive used in the ...
11/24/2014 10:27:35 AM| 3 Answers
9. Which kind of phrase are the underlined words in the sentence? ...
Weegy: The water from the well smells funny to me. The phrase from the well is an adjective phrase. User: Which ...
11/24/2014 12:03:46 PM| 3 Answers
Find the value of 4^2 + 6^2. 20 52 100 User: Find the value of ...
Weegy: 18 (eighteen) is the natural number following 17 and preceding 19. Please be specific with your question for us ...
11/24/2014 2:30:14 PM| 3 Answers
20,000 pounds equals how many English tons?
11/25/2014 3:30:36 AM| 3 Answers
Which personal pronoun best completes the sentence? How is it used? ...
Weegy: My father made my sister and ME blueberry pancakes for breakfast. The correct pronoun is: me; indirect object. ...
11/25/2014 9:42:28 AM| 3 Answers
Civil war broke out in Bosnia because the ________ in Bosnia wanted ...
Weegy: Civil war broke out in Bosnia because the Serbians in Bosnia wanted to be part of Serbia but the rest of the ...
11/24/2014 12:17:17 AM| 2 Answers
Weegy Stuff
S
L
1
L
P
C
1
P
C
1
L
P
C
1
Points 2576 [Total 14287]| Ratings 10| Comments 2476| Invitations 0|Offline
S
L
Points 1394 [Total 3680]| Ratings 0| Comments 1394| Invitations 0|Offline
S
1
L
1
L
P
P
L
P
Points 757 [Total 14131]| Ratings 0| Comments 757| Invitations 0|Online
S
L
Points 739 [Total 1260]| Ratings 6| Comments 679| Invitations 0|Offline
S
Points 626 [Total 658]| Ratings 1| Comments 616| Invitations 0|Offline
S
1
L
L
Points 246 [Total 6640]| Ratings 0| Comments 246| Invitations 0|Offline
S
L
Points 159 [Total 1455]| Ratings 3| Comments 129| Invitations 0|Offline
S
Points 66 [Total 66]| Ratings 1| Comments 56| Invitations 0|Offline
S
Points 50 [Total 50]| Ratings 0| Comments 0| Invitations 5|Offline
S
Points 46 [Total 46]| Ratings 3| Comments 6| Invitations 1|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2014 Purple Inc.