Wednesday, April 11, 2012

Changes in America. The Great Depression part 2

When the Great Depression began, everything was falling apart. The stock market, banks, society and basically the economy. People lost stock, money, homes, jobs and sanity. Society was becoming homeless and drastically dying out. Due to this the government interferred with new areas of transaction with the economy and society as a whole.

They created more social assistance agencies at the national level. Americas government at the time took on a greater role in the everyday lives of the people. The New Deal programs of Franklin D. Roosevelt created a liberal political alliance made up of labor unions, minorities within the country such as blacks and other religious groups, intellectuals, the poor, and some farmers. These people became the strong backbone of the Democratic Party for countless years following the Depression.

The new deal promoted GNP back to its 1929 level, but Roosevelt refused to conjure the shortcomings that the depression needed, to end.

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