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The New Deal and its Impact on the Great Depression

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The Great Depression's economic turmoil led to FDR's New Deal, a series of programs for relief, recovery, and reform. It included the Social Security Act and the Wagner Act, aiming to stabilize the economy and improve social welfare. The New Deal's legacy, influenced by Keynesian economics, was pivotal in America's recovery, with World War II eventually ending the economic crisis.

The Great Depression and Roosevelt's New Deal Response

The Great Depression, beginning with the stock market crash in October 1929, was a period of severe economic downturn in the United States. It was characterized by a catastrophic fall in stock prices, widespread unemployment, and a significant decline in economic activity. By 1933, up to 25% of the workforce was unemployed, and those with jobs faced reduced wages. In response to this crisis, President Franklin D. Roosevelt (FDR) launched the New Deal, a series of federal programs and reforms designed to restore confidence in the economy and provide relief to the suffering population.
1930s-style monochrome photo depicting a diverse breadline with men in suits, women in dresses, and a simple soup kitchen against an Art Deco cityscape.

The First New Deal: Immediate Action for Recovery

Franklin D. Roosevelt took office in March 1933 and immediately embarked on an ambitious plan to address the economic collapse through the First New Deal. During the first hundred days of his presidency, he enacted a flurry of legislation aimed at providing emergency relief and stabilizing the financial system. Key components included the Federal Emergency Relief Administration (FERA) to aid the unemployed, the Agricultural Adjustment Act (AAA) to support farmers, and the National Industrial Recovery Act (NIRA) to stimulate industrial recovery. These measures demonstrated Roosevelt's belief in proactive government intervention to combat the economic crisis.

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00

The severe economic downturn in the U.S. known as the ______ started with a stock market crash in ______.

Great Depression

October 1929

01

To combat the economic hardships of the ______, President ______ initiated the ______, comprising federal programs and reforms.

Great Depression

Franklin D. Roosevelt

New Deal

02

FDR's Inauguration Date

March 1933

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