StoneLogan-Module7.docx - Stone Logan HY 104 Dr Ratliff...

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Stone LoganHY 104Dr. Ratliff October 8, 2019Module 7 AssignmentA)The most devastating economic crisis in America occurred in 1929 when the stock market saw its largest crash in history. The impact from the stock market crash rolled into another historic economic catastrophe known as the Great Depression that began in the early 1930’s. As if these two economic calamities was not enough, The Dust Bowl also contributed to further depressive issues for the country. The president during this time of devastation was Franklin D. Roosevelt. The nation needed an optimistic leader and President Roosevelt was that leader. He essentially closed down the activities of the federal government so that new economic securities and policies could be created to bring financial hope to the nation. President Roosevelt called his initiative the New Deal and his clear objectives were relief, recovery, and reform for the United States. The programs created under the New Deal stabilized the economy and provided a more secure career force for both business owners and employees. Through New Deal programs such as the Farm Security Administration, Social Security Administration, and the Emergency Bank Act, the nation began to feel more secure about their money and jobs. A few of the positive

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