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The New Deal
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In 1932 when Franklin D. Roosevelt won the presidency over Herbert Hoover the world was preparing to make tremendous changes. These changes were all for the good of society and helped keep America alive and well. The changes took place in three different aspects of the United States. The economy was affected greatly by and helped res .... Middle of paper .... bad income distribution, bad banking, bad foreign trade, and over-expansion of credit the stock market crashed and the U.S. was heading to a depression. One of the first Acts to affect the economy was the Emergency Banking Relief Act. This act authorized the Federal Reserve Board to issue more currency. It prohibited a rivate hoarding of gold and exporting of gold. In Roosevelt's second day of term he issued a four-day holiday for the ba ....
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Number of words: 1967 Number of pages: 8 (approx. 250 words per double-spaced page)
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