The New Deal

Part I of Essay
In 1932 when Franklin D. Roosevelt won the presidency over Herbert Hoover the world was preparing to make tremendous changes. These changes were all for the good of society and helped keep America alive and well. The changes took place in three different aspects of the Un ....

Part II of Essay
.... great prior to the stock market crash. People were investing and the country was on the rise. But with such problems as bad investments, bad income distribution, bad banking, bad foreign trade, and over-expansion of credit the stock market crashed and the U.S. was heading to a depression. One of the first Acts to affect the economy was the Emergency Banking Relief Act. This act authorized the Federal Reserve Board to issue more currency. It prohibited a rivate hoarding of gold and exporting of gold. In Roosevelt's second day of term he i ....