Unformatted text preview: Roosevelt, in the election of 1932, presented a strong contrast to Hoover's seeming impotence in office, and followed through on his promise to wage war against the ravages of the depression. Roosevelt and the new Congress authorized the use of government funds for either direct aid or for job creating programs. Though the relief programs of the New Deal prevented the bottom from falling out of a suffering nation, they did not bring the economic downturn to an end. At the beginning of World War II, the depression was in its eleventh year. There were still nine million people unemployed, despite the expenditure of billions of dollars of federal funds on jumpstarting the economy. Americans faced a lighter load than many other countries after the First World War. The imposition of harsh war indemnities on the losers of the last battle and the retreat into...
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This note was uploaded on 12/14/2011 for the course HIST 2320 taught by Professor Siegenthaler during the Fall '07 term at Texas State.
- Fall '07