1930's Financial Problems
In 1932, Americans realized that they had an increasingly great financial problem on their hands, and tried to correct it by centralizing power. The President acquired so much power that the nation almost became a communism, especially with Roosevelt's When Franklin Roosevelt became President of the United States in 1933, the nation was in the depths of the worst depression it had ever experienced. President Roosevelt, a very energetic and enthusiastic person, inspired the people with his own confidence and faith in the future. He gathered a group of people sharing his views to help him, and provided food, clothing, and shelter for millions of unemployed and poverty-stricken Americans. This was part of what he called the New Deal, of which his three objectives were relief, recovery, and reform for American citizens. In another attempt at recovery, Congress attempted to revive the nation's agriculture and industry and place the economy on a solid foundation. They printed extra money to loan to industries that quickly paid it back. By 1933 nearly 14 million Americans were jobless. In response, the Roosevelt administration immediately launched what seemed at th
the nation had moved from a capitalistic economy to nearly a communism critics felt that the government was interfering too much with the president also had control over the federal police. However, with all before World War II, but until now has not readjusted completely. Time
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Approximate Word count = 815
Approximate Pages = 3 (250 words per page double spaced)
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