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Government Intervention During The Great Depression

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Government Intervention During The Great Depression
The Great Depression was one of the most traumatic times of American history. When the stock market crashed in 1929, countless banks were forced to shut down resulting in the loss of investments, business production, and millions of jobs. During the early years of the Great Depression the government did not intervene because they believed that the responsibility lied within the industries. The country was in a dire need of change that they elected a president that promised government intervention. When Franklin D. Roosevelt proposed the New Deal, it introduced diverse programs that focused on relieving the current economic status. Though, the fruit of these reforms took time to appear, they brought long-lasting changes that this country needed,
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