How Did Fdr Affect The Economy

629 Words3 Pages
When Franklin Delano Roosevelt (FDR) was elected president in 1933, The Great Depression was at its peak. The Great
Depression was a period when the economy took its biggest downturn in the history of the United States (US). In the US, it began soon after the market crash of October 1929, which wiped out millions of investors of their investments. The nation’s economy was at an all-time low, with the unemployment rate up at twenty five percent, and America took a chance by voting FDR as the
Democratic president of the United States of America. Within his three term presidency, he lifted America through The Great Depression and World War II. Within the first 100 days of Roosevelt 's term in office, he introduced many new acts which
…show more content…
Primarily, he offered Social
Security for the retired, elderly, handicap, and the disabled. This was called the “Social Security Act.” As the years went on, the Social Security benefits were extended to widows and widowers. This improved the social role of the
United States because it mainly limited the homelessness population and helped widowed mothers support her children, which was a big problem in the 1930’s. Social
Security was also beneficial to improving the United States’ social aspect because it assisted citizens who had been laid off from their occupations. Another of the many programs FDR set up throughout his presidency offered jobs to many people of all classes and races. An example of this was the Public Works
Administration (PWA), which built many popular architects that are still around today. These projects that were offered to all of the public greatly improved
America by supporting millions of Americans with jobs and relief of the depression suffrages. Also, Roosevelt, and his New Deal helped people of all ethnicities become one, unified nation. Immigrants gained a social status in society as a result of programs set up by Roosevelt himself to drive people
Open Document