The Great Depression HST 165 Version University Of Phoenix ✓ Solved

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The Great Depression HST/165 Version University of Phoenix

Complete the chart by filling in each president’s views on the Great Depression.

Part 2 Most historians agree that the New Deal did not solve the problems of the Great Depression and that, in short, it failed to bring about full economic recovery. Nevertheless, it can be argued that the New Deal was significant in that it introduced a new political tradition and brought fundamental change in a number of areas to America. Write a 350-word response to each of the following questions: What do you think is meant by the statements above? How did the New Deal change America? Do you think the New Deal changed the relationship between citizens and the federal government and, if so, how? For example, should the government help regulate the economy?

Paper For Above Instructions

The Great Depression, lasting from 1929 to the late 1930s, marked one of the most significant economic crises in American history. It was characterized by a dramatic decline in economic activity and widespread unemployment. Two key presidents, Herbert Hoover and Franklin Delano Roosevelt (FDR), played pivotal roles during this period and the subsequent implementation of the New Deal, a series of programs aimed at economic recovery.

Hoover was initially seen as a proponent of volunteerism and was reluctant to involve the federal government deeply in relief efforts. He believed that the economy would naturally recover and felt that direct federal aid could undermine individual initiative. Hoover's approach involved a series of measures, such as the establishment of the Reconstruction Finance Corporation, aimed at preserving banks and businesses, but these were often seen as too little, too late. Conversely, Roosevelt's New Deal sought to provide immediate relief and stimulate economic growth through extensive government involvement. Key programs included the Civilian Conservation Corps (CCC) and the Social Security Act, which fundamentally altered the relationship between the government and its citizens.

The New Deal is viewed by many historians as a failure in terms of fully restoring the economy; however, it did establish a new political tradition emphasizing active government involvement in the economy and welfare of the populace. As such, it arguably redefined the role of the federal government, introducing concepts such as social safety nets and financial regulations.

One major change was the establishment of a more paternalistic relationship between the government and its citizens. Prior to the Great Depression, many Americans believed in limited government with minimal interference in individual affairs. However, the economic crisis spurred calls for government intervention as a means to protect the vulnerable. Programs initiated during the New Deal led to a profound change in public expectations of government responsibilities, leading many to see the government as a protector and provider in times of need.

Moreover, the New Deal challenged traditional notions of individualism, highlighting the necessity for collective action to address widespread social and economic issues. Americans began to accept that regulation of the economy was a necessary function of the federal government, thus altering their relationship to it. The Federal Reserve and various regulatory bodies established during this time laid the groundwork for future federal economic policies.

The legacy of the New Deal also influenced subsequent generations in their expectations of government intervention in economic crises. The social safety nets created by FDR's administration became permanent fixtures in American life, leading to an ongoing debate about the level of government involvement necessary to ensure economic stability and social justice.

In conclusion, while the New Deal did not fully resolve the economic challenges posed by the Great Depression, it fundamentally changed America by introducing new political traditions and redefining the relationship between citizens and the federal government. Today's discussions about economic regulation and government responsibility can often be traced back to the principles established during this transformative period.

References

  • Barnes, L. & Bowles, M. (2014). The American story: Perspectives and encounters from 1877. San Diego, CA: Bridgepoint Education, Inc.
  • Milestones: 1945–1952. (1947). Retrieved from [link]
  • United States relations with Russia: After the cold war. (2007, April 6). Retrieved from [link]
  • Vogel, E. F. (1992). Japanese-American relations after the cold war. Daedalus, 121, 35–60. doi:10.2307/
  • Alter, J. (2016). The New Deal: A Modern History. New York: Free Press.
  • Schlesinger, A. M. (1986). The Coming of the New Deal, 1933-1935. Boston: Houghton Mifflin.
  • Roosevelt, F. D. (1932). The Forgotten Man. New York: A.A. Knopf.
  • Brinkley, A. (2003). The End of Reform: New Deal Liberalism in Reconstruction America. New York: Vintage Books.
  • Smith, N. (2009). The New Deal and the Great Depression. Washington, D.C.: National Archives.
  • Hoffman, R. (2018). The Great Depression: A History. New York: Oxford University Press.

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