Franklin D. Roosevelt's Response To The Great Depression

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At the end of the 1920s, the country plunged into an unforeseen economic depression. Times were tough and government was refusing to regulate private businesses and the great influence they had on the economy. At the beginning it was not clear how long the depression would last. Due to that fact, the government’s response to the situation was little and far in between. However, a few years into the depression, government started to get involved. President Hoover the president at that time could not do much to help the people. His popularity plummeted and soon he was out of office and Franklin D Roosevelt was elected. He was well loved because of his humble beginnings, because he understood what many Americans were going through. Along with …show more content…
Franklin D Roosevelt introduced a series of measures to lift US economy out of the great depression. Roosevelt set in motion to tackle the depression on priority. From March 9 to June 16, 1933 he got the Congress to pass a series of laws aimed for providing relief to victims of depression, reforming business, financial, and agricultural practices. The laws relating to banking and securities together with direct control over some of the banks, helped to restore public confidence in the banking and financial system considerably. Roosevelt took various measures for developing an enforcing codes of fair practices for business. These codes helped to improve condition of labor by assuring those minimum wages, restricting working hours, and increasing their bargaining position through trade unions. The codes also had provision for assuring minimum quality standards for products and setting minimum prices for products. He undertook major projects to increase government spending to create jobs and the total disposable incomes available to the people. I think these ideas were successful because this increased confidence of businessmen who became more positive in taking steps to expand their business activities. It also got people out of the problems they faced during the great
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