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Economic Disasters: The Great Depression

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With economic disasters like the Great Depression comes a lot of unemployment and poverty. People like Herbert Hoover wants the economy to bounce back on its own. For these types of plans Roosevelt said, “I have no sympathy with the professional economists who insist that things must run their course and that human agencies can have no influence on economic ills (July 24, 1933: Fireside Chat 3: On the National Recovery Administration). Meanwhile, before the economy will bounce back families like the Beuscher family will struggle to be able to afford anything while they are unemployed. People will have to survive with whatever little money they could come up with. With Roosevelt’s New Deal, people will have a flow of income and possibly a job.

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