History Created Equal Chapter Summary
Chapter 22 of “History Created Equal” explores the hardships and hopes of the great depression. This chapter investigates the situation leading before the Great Depression, and explains the attempts and measures that were taken in order to relive many Americans and end the Great Depression. These relive efforts take shape in the form of the first new deal and in the second new deal. Before the onset of the Great Depression, Herbert Hoover was elected president of the United States in 1928. Hoover was a popular administrative hero of World War 1, as he guaranteed more prosperity and further advantages for large companies even after the crash of the stock market. After the stock market crashed Hoover decided to increase spending for public works programs, in order to give people jobs for those who really needed it. Later, Hoover wanted to restore confidence in the economy by raising taxes and culture spending, but considering the depth of the Great Depression, his efforts had only made thing worse. The American economy rapidly slipped into recession and the onset of the Great Depression had now fully engulfed the United States. Millions of Americans lost their jobs and their homes. Additionally, The aftermath had left a widespread ripple effect throughout the world: leading to a
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halt in the economy and bringing sweeping unemployment in essentially every industrialized nation. Even still, Hoover would not provide ant direct federal assistance to relieve the suffering. Hoover even gave permission to the army to use force and remove 20,000 members of the “Bonus Army”, a group of WW1 veterans who march to the U.S Capitol demanding economic relief. Consequently, Americans had become fed up with Hoover and his counterparts in office.
This spelled optimism for Democrat Franklin Delano Roosevelt, as he would later beat Hoover in the 1932 election. With his presidency, Roosevelt was able to rally up the Democratic Party in congress and pass a package of extensive laws known collectively as the New Deal. During Roosevelt’s First Hundred Days in office, he and Congress passed the bulk of the legislation of the First New Deal. This legislation would help create the Agricultural Adjustment Administration (AAA) to deliver federal subsidies to farmers and created numerous new jobs through the formation of the (CCC), (CWA), (PWA),
(TVA). Furthermore, from 1935 to 1936 Roosevelt pushed a second wave of New Deal Legislation through Congress. This new package of legislation is known as the second New Deal. This legislation included the sweeping Social Security Act to provide government pensions to the elderly. Yet, the new deal was not as wide-ranging as one may think. The deal programs were centralized on full-time industrial workers, most who were white men. Many of the minority groups in the United States were not eligible to receive social security. Although, the new deal did establish the national welfare system that did provide help to millions of working p, disabled, dependent, and elderly people. In this Chapter the reader can the events that took place during and after the crash of the stock market. We are walked through the events during the Great Depression during which Americans suffered. The American people have become fed up with Hoover, and in the 1932 election Roosevelt over came Hoover to become president of the United States. During Roosevelt’s presidency the first and the second New Deals were passed. These New Deals would help relive Americans and help move away from the devastation of the Great Depression.
halt in the economy and bringing sweeping unemployment in essentially every industrialized nation. Even still, Hoover would not provide ant direct federal assistance to relieve the suffering. Hoover even gave permission to the army to use force and remove 20,000 members of the “Bonus Army”, a group of WW1 veterans who march to the U.S Capitol demanding economic relief. Consequently, Americans had become fed up with Hoover and his counterparts in office.
This spelled optimism for Democrat Franklin Delano Roosevelt, as he would later beat Hoover in the 1932 election. With his presidency, Roosevelt was able to rally up the Democratic Party in congress and pass a package of extensive laws known collectively as the New Deal. During Roosevelt’s First Hundred Days in office, he and Congress passed the bulk of the legislation of the First New Deal. This legislation would help create the Agricultural Adjustment Administration (AAA) to deliver federal subsidies to farmers and created numerous new jobs through the formation of the (CCC), (CWA), (PWA),
(TVA). Furthermore, from 1935 to 1936 Roosevelt pushed a second wave of New Deal Legislation through Congress. This new package of legislation is known as the second New Deal. This legislation included the sweeping Social Security Act to provide government pensions to the elderly. Yet, the new deal was not as wide-ranging as one may think. The deal programs were centralized on full-time industrial workers, most who were white men. Many of the minority groups in the United States were not eligible to receive social security. Although, the new deal did establish the national welfare system that did provide help to millions of working p, disabled, dependent, and elderly people. In this Chapter the reader can the events that took place during and after the crash of the stock market. We are walked through the events during the Great Depression during which Americans suffered. The American people have become fed up with Hoover, and in the 1932 election Roosevelt over came Hoover to become president of the United States. During Roosevelt’s presidency the first and the second New Deals were passed. These New Deals would help relive Americans and help move away from the devastation of the Great Depression.