Chapter 24

This section talks about 2 main important events; 1. government role in promoting economic and social welfare. 2. Society response to the Depression.  what caused the depression was the crash of wall street and deeper economic problems. (stock-market speculation) Hoovers response to the depression was voluntarism and the set of the reconstruction finance corporation. Congress set this to make loans to banks and insurance companies. The depression effected many people, every single person. For example, jobless men loved in boxes, suicide rate increased , many farmers lost their land, and many veterans were left with nothing. The election of 1932 was a big event because Americans rejected Hoover (lost hope in him) and basically voted for Roosevelt and the democrats. Once he came into power their was a positive light shining on the people. His ability to convey his optimism led the American people to trust him. Major goals of the new deal was industrial/agricultural  recovery and short term relief. People were relieved with his new ideas. The Hundred Days was an important event, it created several acts to help the economy for example Federal emergency relief act, National Industrial recovery act, and Agricultural justment Act. etc President Roosevelts wife also played a role in the economy. She redefined the role of first lady. (she wanted to be involved in helping society) she was hands on and influenced social policy. She helped introduce FDR to reformers,social workers, advocates. Now she was a very strong independent female. She truly wanted to help and improve society. She genuinely cared. The great depression took a tole on people. Not only physically but also mentally. It affected women in the workforce, migrant workers were affected, blacks still continued to face discrimination and violence. Families struggled economically and psychologically however New deal legislation restored tribes legal status. ( so it helped out Native Americans)  This era was very hard for society and we were almost at this point in today's society. (recession) If we ever do manage to fall into a depression it will break us and I do not know if we would be able to recover from it. Just reading about the Depression gives me chills because history does have a way of repeating itself.