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Why was president Roosevelt reluctant to use deficit spending to help American economy from the great depression?
Wiki User
∙ 12y ago
Wiki User
∙ 12y ago
Wiki User
∙ 12y agoFranklin D Roosevelt was reluctant to use deficit spending to help the economy because he knew the effects it would have later.
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Why would president Franklin Roosevelt would be considered a contributor and a great American?
He moved the nation out of a depression, fought a war, and helped create social security.
What US President served in the Spanish American War?
Theodore Roosevelt
Which American president brought hope to many people during the Great Depression?
Many people blamed the crash of Wall Street (Black Thursday) on the Republicans who had politically dominated the "roaring twenties". Herbert Hoover was not re-elected in 1932 as it was thought he did not do enough to provide relief from the economic depression that followed the collapseof the New York Stock Exchange.A Democrat, Franklin Delano Roosevelt won the election and began government programs to attempt to end the depression. This soon became a world depression. Roosevelt was the first US President that did not follow the precedent set by George Washington by only running for president 2 times. Roosevelt won 4 straight presidential elections. ( later the Congress limited the election of any president to 2 terms by law.President Roosevelt's economic programs gave hope to the 25 % of US workers who had no jobs. He became the "peoples friend" with hisweekly radio broadcasts which were a comfort to the USA. Economists today don't give Roosevelt much credit for ending the great depression. The consensus is that the USA's entry into WW2 brought the depression to an end.
Who are the two Roosevelts?
The two "Roosevelts" were Theodore Roosevelt and Franklin Delano Roosevelt, two American presidents. Theodore Roosevelt was the 26th President, most notable for his contribution to the Progressive Era of trust-busting, conservation, and neo-imperialism (for example the Roosevelt Corollary and the Panama Canal). Franklin Delano Roosevelt was the 32nd President, most notable for his New Deal plan against the Great Depression and leadership during World War II. Theodore and Franklin were fifth cousins.
Who served in the military during the Spanish-American War?
President William McKinley was the President during the Spanish American War. Theodore Roosevelt actually served in the military during the war.
Who helped in the great depression?
Franklin Delano Roosevelt the American president.....he promoised to bring America back on its legs in his election manifesto
During the Great Depression President Franklin D Roosevelt created what he called to help boost the American economy?
The new deal :)
Who was president Franklin D. Roosevelt?
Franklin Delano Roosevelt was the 32nd President of the United States. A leader during the Great Depression and World War II, he was famous for being the only American president elected to an unprecedented four terms - from 1933 to 1945.
Which president was in office during the Great Deppression and World War 2?
The American president during much of the Great Depression period and most of World War II was Franklin Delano Roosevelt. The 32nd president in American history, Roosevelt remains one of the most influential and accomplished (if also, in some ways, controversial) president in American history.Franklin Delano Roosevelt was the president during the great depression and World War 2.
Why would president Franklin Roosevelt would be considered a contributor and a great American?
He moved the nation out of a depression, fought a war, and helped create social security.
What country does Roosevelt represent?
Theodore Roosevelt was an American president. He represents America.
What US President served in the Spanish American War?
Theodore Roosevelt
What American president received the nobel peace prize for his work with japan and Russia was?
Theodore Roosevelt is the American President who received the Nobel Peace Prize for his role in brokering peace between Russia and Japan. Roosevelt was America's 26th President.
Who was the only American president to serve four term?
President Franklin Delano Roosevelt.
Which American president was responsible for the repeal of Prohibition?
Frank Roosevelt
Who was the first American president to ride a bicycle?
Teddy Roosevelt
Who was the first American president to visit panama?
Theodore Roosevelt.
