How did the New Deal affect american citizens?

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2026-05-07 14:25

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Franklin D. Roosevelt was governor of New York, when the Wall Street Crash in October 1929, created the worst depression in American history. Roosevelt made strenuous attempts to help those without work. He set up the New York State Emergency Relief Commission and appointed the respected Harry Hopkins to run the agency. Another popular figure with a good record for helping the disadvantaged, Frances Perkins, was recruited to the team as state industrial commissioner. With the help of Hopkins and Perkins, Roosevelt introduced help for the unemployed and those too old to work.

Roosevelt was seen as great success as governor of New York and he was the obvious choice as the Democratic presidential candidate in 1932. Although Roosevelt was vague about what he would do about the economic depression, he easily beat his unpopular Republican rival, Herbert Hoover.

Roosevelt's first act as president was to deal with the country's banking crisis. Since the beginning of the depression, a fifth of all banks had been forced to close. As a consequence, around 15% of people's life-savings had been lost. By the beginning of 1933 the American people were starting to lose faith in their banking system and a significant proportion were withdrawing their money and keeping it at home. The day after taking office as president, Roosevelt ordered all banks to close. He then asked Congress to pass legislation which would guarantee that savers would not lose their money if there was another financial crisis

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