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The New Deal: The Effects Of The Great Depression

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The New Deal: The Effects Of The Great Depression
A period of time known as the Great Depression was the most severe and sustained economic enfeeblement in the United States. This harsh drawback in the country eventually ensued soon after the stock market crash, also known as Black Tuesday, in 1929, where Wall Street experienced extreme panic and lost many investors. Declines in industry and the rise of unemployment came about due to the plummeting of consumer spending and investments. President Franklin D. Roosevelt though helped to lessen the effects of the Great Depression through relief and reform. His administration and establishment of the New Deal greatly impacted unemployment, labor unrest, the economy, and the government during the period 1929-1941. When he took office in 1933, President
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