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How Did Franklin Roosevelt's Economic Recovery

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How Did Franklin Roosevelt's Economic Recovery
Franklin Roosevelt, elected in1932 led an anxious nation going into the third year of a bizarre depression. Many people were struggling with unemployment, losing homes, and their life savings. President Roosevelt came up with series of economic programs of recovery for the Great Depression, the New Deal. The government and Roosevelt tried all they could, to help people get back up on their feet, and survive this crisis. With the government helping out tremendously, getting unemployed people jobs, Roosevelt was worried that too many people were relying on federal jobs, so he had the formation, CWA dissolved. There had also been trouble with agriculture. The national recovery administration purpose was to stabilize the economy, which set in place minimum wage, and forty-hour workweek. Yet by the end of 1934, the economy recovery was nowhere to be found. By 1935 the depression continued to take a toll on Americans, the economy was taking too long to boom for the people of this country. People couldn’t take it anymore; it was way too hard on …show more content…
When the New Deal was matured, advisors encouraged him to push for restored competition in the market place and heavy taxes on large corporations. In 1935, Roosevelt launched the second New Deal, explaining ‘social justice, no longer a distant ideal, has become a definite goal.’ For most Americans, it would provide security, and stability. The result to this changed the face of American life. In this, Social Security Act of 1935 was granted. Still during this period, the Revenue Act was also a major part of the second phase of the New Deal, taxing the rich more than the poor. Roosevelt, helping out his country so much through this period, got reelected in 1936. Through his second term, working conditions improved, and wages arose. In 1935 and 1936, the economy that was so depressed for over a decade finally showed signs of

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