The catastrophic stock market crash on October 24th, 1929 brought about widespread panic and the onset of incomparable consequences for America. From this crash, the Great Depression arose which was a long period of increased unemployment, poverty and deflation. The onset of the Depression left society blaming the government and seeking relief from the increased levels of poverty. Due to society being worried and troubled, the government, in which Republican Herbert Hoover was president, took a conservative approach toward reconciling America’s problems, while Democrat Franklin Delano Roosevelt chose the liberal approach by establishing the New Deal.
These two approaches started a division of the country and debates began over which approach would have the longer lasting, better effect on America. There was disappointment in most cases since distinct aspects of each philosophy only targeted specific Americans who were in certain situations. Franklin Delano Roosevelt’s......
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Approximate Word Count: 1743
Approximate Pages: 7 (260 words per double-spaced page) |