The Great Depression

Work Cited

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Web. 11 Apr. 2012. http://history1900s.about.com/od/1920s/a/stockcrash1929.htm.

2. Amadeo, Kimberly. "The Dust Bowl." About.com 20th Century History. Kimberly Amadeo. Web. 13

Apr. 2012. http://useconomy.about.com/od/criticalssues/p/The_Dust_Bowl.htm.

3. Rockoff, Hugh. "U.S. Economy in World War 1." Eh.net. Hugh Rockoff. Web. 15 Apr. 2012.

http://eh.net/encyclopedia/article/Rockoff.WWI.

4. "The New Deal." U-s-history.com. Web. 11 Apr. 2012.

http://www.u-s-history.com/pages/h1851.html.

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Web. 14 Apr. 2012

http://econc10.bu.edu/Ec341_money/Papers/Carroll_paper.htm

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4 May 2012.

http://americanhistory.about.com/od/greatdepression/f/smoot_hawley.htm.

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Web. 10 May 2012.

http://americanhistory.about.com/od/greatdepression/tp/new_deal_programs.htm.

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http://www.270towin.com/1936_Election/index.html.

The Aftermath

There were many people that liked Franklin Roosevelt because of his new deal, that he was re-elected in the 1936 election. Franklin Roosevelt had won the election with 523 electoral votes vs. Alfred M. Landon's 8. While all of this is going on, World War 2 is right around the corner and even after U.S. entry, the economy continues to improve.

A map of the United States (Hawaii and Alaska have been omitted)
featuring the results of the 1936 election. The Blue representing
Franklin Roosevelt, and the Red representing Alfred M. Landon

The Second Hundred Days

Two years later, there was a "Second Hundred Days" was called up by the President which had also focused on the different measures to improve the economy. Among these many measures, 3 were the most beneficial, the Home Owners Loan Corporation, which had refinanced homes that were farms. The Glass-Steagall Banking Act, which helped establish the Federal Bank Deposit Insurance Corporation which helped protect individuals bank accounts, and the Civil Works Administration (CWA) which provided authorities with funds for public projects, such as roads and bridges, it was later terminated. Along with these measures was the Work Progress Administration which provided jobs for 2 million people. All of these projects were very expensive and because goverment money was not enough to pay for it, modifications to taxes were made, which was more taxing to the rich than the poor.

A WPA project

The Hundred Day acts

A CCC promotion poster

The AAA was an act that was created specifically for the states that were affected by the Dust Bowl (See The Dust Bowl tab). The CCC was designed to provide jobs for the many people who were unemployed people, which is responsible for all of the structures and parks that are around the nation today, and the TVA was a system that had helped develop the economy in Tennessee. To this day, the TVA still works and is currently the largest provider of electricity of the U.S.

The logo of the Tennesee Valley Authority

The Hundred Days

Five days after election and inauguration, President Roosevelt had declared a bank holiday so that there would be no more money withdrawals for the time being. Along with this, FDR also had a session with congress that ended on June 16. This session of congress was known as "The Hundred Days". At this session, the U.S. Congress had passed 9 different acts, 3 of them being the most notable. The Agricultural Adjustment Act (AAA), Civilian Conservation Corps (CCC), and the Tennessee Valley Authority (TVA).

"The Three R's"

Franklin Roosevelt had summarized the New Deal with the three R's: Relief, Recovery, and Reform. With a total of 472 electoral votes versus Herbert Hoover's 59 electoral votes, Roosevelt had won the 1932 election.

A map of the United States (Hawaii and Alaska have been omitted)
showing the results of the 1932 election. The Blue representing
Franklin Roosevelt and the Red representing Herbert Hoover.

The New Deal

After all of the previous events that had hit the nation hard, along with the long awaited 1932 election, the only thing that the citizens of the United States could do was wait. Before his Inauguration, Franklin D. Roosevelt had said to the nation, "I pledge you, I pledge myself, to a New Deal for the American people.