When the Great Depression hit, FDR, as Governor of New York, realized that the state and federal governments would have to use much more power than they had been using, to help the economic situation. He asked the NY State Legislature for relief funds, which would be called "stimulus" spending today. The money was spent on public works which would create the need for more employment. FDR would follow his own example when he became President. To be fair, President Hoover also believed that state governments should provide the most relief (stimulus) to the local economy. FDR also believed in direct aid to the unemployed by both state and the federal government.
He created the New Deal.
FDR's response to the Great Depression, was to restore America's economy and put faith back into the people on their country.
increased international trade Japanese isolationism
demilitarization
The Great Depression in the United States was part of a world wide depression in the developed nations of Europe. The "response" from Europe was to find ways to end the problem.
He created the New Deal.
The Great Depression in the United States began on October 29, 1929 and the Great Society programs started in response to the Great Depression programs.
FDR's response to the Great Depression, was to restore America's economy and put faith back into the people on their country.
increased international trade Japanese isolationism
demilitarization
production decreased
Herbert Hoover had just become President in 1929 when the Great Depression began. His ineffective response led to his defeat by Franklin D. Roosevelt in 1932.
The Great Depression in the United States was part of a world wide depression in the developed nations of Europe. The "response" from Europe was to find ways to end the problem.
When the great depression struck, Hoover decided not to give government aid to the people believing that it would inflate the Federal government budget.
reactive depression
New Deal
Cutting spending in response to decreased tax revenue