Franklin D. Roosevelt: The Great Depression

The Great Depression was a sad time in history and in fact it had to happen in order for America to be how it is today. The President at the time was Franklin D. Roosevelt, also known as F.D.R., FDR tried his best to solve the economic crash but he could only do so much. In 1929 the stock market crashed, this was a result of various economic imbalances and structural failings. In effect of the stock market crash, this caused approximately nine-thousand banks to fail which sent the entire Western industrialized world into a depression. The meaning of the word depression is a long and severe recession in an economy or market. The reason why the Great Depression is called the “Great” Depression is because it wasn’t a small recession in a minor
Franklin D. Roosevelt failed to execute a anti-lynching bill and a bill that would abolish poll tax. The Federal Housing Authority denied mortgages for African Americans who tried to buy houses in white neighborhood. The new deal was not successful in this topic because even if President Roosevelt tried to mix blacks and whites it would not work at all, because Roosevelt cannot just demolish discrimination by writing “whites shall treat blacks equal, and the same goes for blacks.” Franklin D. Roosevelt wanted to abolish lynching and poll tax but he was afraid that southern democrats, who had eldership in Congress and oversight in many committee chairmanships, would block his bills if he tried to bring up race in the
The New Deal couldn’t fix everything but Roosevelt and his associates tried to help as much as they possibly could, congress didn’t pass every idea they had, so that was one thing that stood in the way. The Great Depression was bad enough, so people should be lucky President Roosevelt helped even though Roosevelt said, “I know that the people of this country will understand the spirit in which we are undertaking this policy….All of us, the Members of the Congress and the members of this Administration owe you, the people of this country, a profound debt of gratitude.” Basically what I took from that is Roosevelt thinks he and Members of Congress owe the people because they did not know how banking systems worked and that the Great Depression would not have happened if the people had know about how the banking system worked. Roosevelt made the New Deal so that he could make up for the stock market crash and the Great