Franklin Delano Roosevelt: Financial And Social Welfare

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Franklin Delano Roosevelt’s (FDR) presidency ran for four terms from 1933 until he died in office in 1945. During which time, the United States experienced a tumultuous period of financial and social welfare policy challenges from the Great Depression through World War II. When the stock market crashed setting off the Great Depression, Hoover was in office and the employment rate ranged from 20-60% of the population. The banks were on the brink of collapse and poverty at an all-time high. Before FDR became president, he held the office of governor of New York State where he initiated a state emergency relief program, Temporary Emergency Relief Administration (TERA); his beliefs of the government taking action followed him to the white house. Hoover’s policies refused to allow the government to step in and deal with the financial fallout of the Great Depression leaving American citizens dissatisfied. FDR then won the presidency and began to take governmental action to ensure the social welfare of the country’s citizens (Module 9, Rutgers, 2017). …show more content…
Within his first one hundred days, FDR established the Federal Relief Emergency Administration (FREA) which granted states funding to provide financial assistance to the unemployed, job training, student loans in addition to assistance to farming cooperatives. In 1933 The Civil Works Administration (CWA) was established to create jobs contrasting financial assistance which saw over 190,000 projects which included the construction of roads, public buildings, and other public

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