The stock markets crash of 1929 helped launch the United States and many other nations into the worst economic depression in history. All aspects of American society suffered during the Great Depression. By 1932, there were thirteen million people unemployed. There was no security for the millions who lost all of their savings in the bank failure or stock market crash. Volunteer organizations attempted to help the needy, but their resources were simply not adequate. Hope seemed non-existent. Americans had never seen such a severe depression. They could not look to history for guidance.

After the United States had plummeted into the greatest depression to face this country while Herbert Hoover lead the country, many voters were looking for anyone with a promising plan and a bright outlook. As banks closed and unemployment rates soared, Roosevelt promised a balanced budget, and spoke of Hoover's rash and excessive spending. The election of 1932 was a landslide in Roosevelt's favor, and he quickly took over as soon as he began his term. The severity of the Great Depression called for federal government programs to protect the general welfare of citizens. "Great crises often call forth

When Roosevelt took the presidential oath, the banking and credit system of the nation was in a state of paralysis. I personally feel as if this is the most important area of reform that the New Deal brought about. The Great Depression was caused primarily as a result of previous financial mishaps. Therefore, the first area of reform must be finance. Banks had been closing all over the country due to frightened citizens withdrawing all of their money. The banking laws that were passed effected people immediately. The Glass-Steagall Banking Reform Act of 1933 was later passed in order to form the Federal Deposit Insurance Corporation, which insured individual deposits up to $5,000. This amount was later raised. Furthermore, this act ended the disgraceful epidemic of bank failures. The Federal Deposit Insurance Corporation (FDIC) insured savings-bank deposits up to $5,000, and severe regulations were imposed upon the sale of securities on the stock exchange. Even though !

Seeing the country in a state of emergency, Roosevelt established the New Deal. Roosevelt's New Deal programs aimed at three R's - relief, recovery, and reform. Short-term goals were relief and immediate recovery. Long-term goals were permanent recovery and reform of the current abuses. The New Deal was a political and social plan that was the presidential campaign platform of Franklin D. Roosevelt. Although Roosevelt was very vague about what it was and actual measures to be taken while running for president, the New Deal was the shinning hope for many Americans who had lost their jobs or were living in poverty.

Ever since the war days, farmers had suffered from low prices and overproduction especially in grain. However, the depression brought with it countless mortgages and very desperate farmers. It seemed as though no President or Congress could fix the problem, but Roosevelt was different. He developed a radical new approach to help the farm industry recover, and it appeared to be just what the country needed. I placed farming last when compared to banking and labor. I feel that farming is vital to the overall secuirty of our nation, but the acts passed, really did not accomplish anything to drastic. Quite honestly, they actually did more harm than good.

Roosevelt next directed his attention to the public utility holdings companies. In 1932, many of these super corporations collapsed. As a result, the Public Utilities Holding Company Act of 1935 "finally delivered a death sentence to this type of fatty growth, except where it might be doomed economically necessary" (810). This act is very significant, but it really did not establish any reform that hadn't already been established years earlier. Financial collapse was the result of the Stock Market collapse.

oleum, shale, gas, sodium and helium deposits.

In the first two years, the New Deal was concerned mainly with relief, setting up shelters and soup kitchens to feed the millions of unemployed. However as time progressed, the focus shifted towards recovery. The New Deal programs created by Franklin D. Roosevelt provided the framework for the welfare state that still serves as a basis for American public policy.

great leaders; and the hand of destiny tapped Roosevelt on the shoulder. On a dreary Inauguration Day, March 4, 1933, his vibrant voice, broadcast nationally from a bullet proof stand, provided the American people with an inspiration of hope. His clarion note was, "Let me assert my firm belief that the only thing we have to fear is fear itself" (797).

First, The Agricultural Adjustment Administration (AAA) attempted to form as "artificial scarcity" by giving farmers compensation for growing less acreage. Moreover, this act helped to establish "party prices" for the basic commodities. The AAA also paid growers to reduce crop acreage. This is still going on today. However, as a result, the AAA shifted much of the financial burden to consumers. Tax

Some common words found in the essay are:
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Approximate Word count = 3554
Approximate Pages = 14 (250 words per page double spaced)