He had congress pass bills to address the problems. To pass the New Deal congress only took 38 minuets to pass it and send it to the president.
Rather than eliminating services and cutting spending, it increased social welfare programs.
Rather than eliminating services and cutting spending, it increased social welfare programs.
Rather than eliminating services and cutting spending, it increased social welfare programs
rather than eliminating services and cutting spending, it increased social welfare programs.
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It adopted an economic approach based on spending rather than saving.
Rather than eliminating services and cutting spending, it increased social welfare programs.
He thought the business cycle would correct itself.
We responded with the Lend Lease Act, which is where we would sell guns and ammuntion to our Allies.
The world responded to the mjor forms of world economies to the great depression by watching the stock marketmore carefully. Everything was monitored while recovering from the great depression. you couldn't buy an endless supply of items you needed. The products sold had limits on the amounts you could purchase. It changed the life of people in many ways.
Similar to the economic crises of 2008, President Hoover took office immediately after the crash of 29. Hoover responded to the economic downturn very much like the current SEC and Federal Reserve response. While loath to interfere with markets, Hoover sought to support the banking system by offering funding to businesses in exchange for collateral, and began public works programs. The lengths Hoover took were obscured by the incredible lengths taken by the FDR administration (Roosevelt). Public works programs in this era had an incredible impact on a generation who relied upon soup lines for survival. It should be noted that Hoover's Secretary of State (Mellon) was famous for arguing that the 'free market' should sort itself out - and that the government should 'do nothing.' Hoover disagreed with Mellon on the approach that should be taken to resolve the Great Depression, and the disagreement eventually led to a rift. "Mellon continued as secretary of the Treasury under President Herbert Hoover. Mellon interpreted the Great Depression of 1929 as a natural phenomenon and favored deflation; he was critical of public works and pursued a traditional policy of economy. In early 1930 Mellon observed, "I see nothing in the present situation that is either menacing or warrants pessimism." However, a combination of criticism of his tax policy and the Depression itself eventuated in his resignation. Hoover persuaded him to accept an appointment as ambassador to Great Britain in 1932."
Rather than eliminating services and cutting spending, it increased social welfare programs
Rather than eliminating services and cutting spending, it increased social welfare programs
Rather than eliminating services and cutting spending, it increased social welfare programs.
Rather than eliminating services and cutting spending, it increased social welfare programs
He had congress pass bills to address the problems. To pass the New Deal congress only took 38 minuets to pass it and send it to the president.
Rather than eliminating services and cutting spending, it increased social welfare programs.
In the 1930s, the United States faced economic stagnation, and ultimately a depression, which hurt Roosevelt's popularity with many. Roosevelt responded to the Great Depression with what is known as the New Deal.
reassuring Americans that "the tide had turned."
He had congress pass bills to address the problems. To pass the New Deal congress only took 38 minuets to pass it and send it to the president.
He thought the business cycle would correct itself.
he responded to it by supporting the social security act
The Government has responded by scolding your parents for irresponsibility.