The Great Depression in the U.S.

The New Deal

The Great Depression in the United States began soon after the stock market crashed in 1929. The stock market crash sent Wall Street into a panic and wiped out millions of investors. Consumer spending and investment even dropped which resulted in many people becoming unemployed.

Did they start new programs?

The Great Depression in the U.S.

Did they choose different leadership?

V.S

In the beginning when the Great Depression first started Herbert Hoover was president then Hoover was defeated by Franklin D. Roosevelt in 1932 in his re-election for president.

After winning the election, Roosevelt quickly began working on ways to end the depression. President Roosevelt first declared a four-day bank holiday to stop people from withdrawing money.Then the New Deal was created which was a series of programs. Some of the programs included the Public Work Administration, Agricultural Adjustment Act, and National Industrial Recovery Act.

Second New Deal

Even though President Roosevelt was trying his best, the Great Depression continued. In 1935, Roosevelt launched a second more aggressive series of federal programs such as the Works Progress Administration (WPA), National Labor Relations Act, and Social Security Act of 1935.

Did they move from capitalism to another economic system?

There was a crisis of capitalism and some people believed it was the cause of the Great Depression.

1. http://www.history.com/topics/new-deal 2. http://www.history.com/topics/great-depression 3. https://www.gilderlehrman.org/history-by-era/new-deal/resources/herbert-hoover-great depression-and-new-deal-1931%E2%80%931933