President Franklin D. Roosevelts New Deal :: Franklin D. Roosevelt

Westernized youthful countries much(prenominal) as the United States have an immense economic mart in which it has solelyowed America to be prosperous and has created opportunities for many volume. Millions of people from all over the world mig govern to the United States in seek of a better life and opportunity and to live the so called American Dream. When chairman Franklin D. Roosevelt took the presidency in the year 1933, the country was in its depth of the bulky Depression. (Neal 2010) The Great Depression was a Economic Stock Market wreck in which not only did it affect the citizens of the United States but also created havoc worldwide, especially international trade relations. When the Stock Market crashed, people were worried what would happen to the country. People were beingness laid off, businesses being closed, and unemployment rate was rising day by day, causing even more ruckus throughout the country. Nonetheless, president Roosevelt had something else in min d to reduce the unemployment rate. Roosevelt along with his representative party created the New Deal, in which it created different relief jobs parcel reduce unemployment. Although President Franklin D. Roosevelt helped reduce unemployment by the means of programs such as the WPA, and CWA, these methods were not effective because the government spending of these projects created inflation and no impose cuts were being made, making the New Deal a slow process. beginning of all, when president Franklin D. Roosevelt took office, he had to win the trust of the of the citizens during his campaign, by proposing his ideologies, one of them being his Work Progress Administration, also known as the WPA. According to a scholarly article called, The Dynamics of Relief Spending and the Private urban Labor Market During the New Deal written by iii Economic professors and affiliated with the National Bureau of Economics, they emphasize Roosevelts beliefs and intentions to reconstruct the co untry. They write, In response to the massive unemployment of the 1930s, Roosevelts New Deal in 1933 introduced the first federal relief programs tar overheared at the poor and unemployed he anticipated that the work relief jobs would boost consumer spending and thus amplify demand for labor, which would then raise private employment and earnings. (Neumann, Fishback, Kantor) This quote shows that programs such as these relief jobs, would not only be able to get the people back to work, but also get the economy up and running again.