1. Roosevelt's New Deal
By not making allowances for increasing wages, businesses essentially reduced the spending power of the workforce. ... This form of aid would also be instrumental in helping the mortgage-holding banks to stay in business. ... Roosevelt then turned his attention toward businesses and inflation manipulation. ... The inflation of the dollar allowed businesses to be more aggressive and to stabilize in the midst of the financial landslide. Gradually stabilizing businesses would consequently help to slowly turn the tide of unemployment. ...
- Word Count: 3128
- Approx Pages: 13
- Has Bibliography
- Grade Level: Undergraduate