FDR’s Alphabet Soup

1374 Words3 Pages

After the Stock Market Crash of 1929 and the Hoover administration, something had to be done regarding the relief and recovery of the Great Depression. This was one of the more important objectives of Franklin Delano Roosevelt’s first term as president. Although Herbert Hoover made somewhat of an attempt trying to reconcile the country, but he was unable to live up to his rhetoric, “prosperity is right around the corner.” Hoover failed to comprehend the extent of the damage of the stock market crash from a global perspective and simply did too much too fast. When Franklin Roosevelt came into presidency in 1933, he set out his first hundred-day plan. Within the first term, FDR created a series of relief and recovery acts to start the prosperity and stimulation for an economic and social recovery. However, there are fifteen major pieces of legislation that were put into place that was highly influential to end the despondency of the depression. This paper will provide the fifteen infamous acronyms for these acts, what they were intended to do, and their impact for America and her citizens.
President Roosevelt’s first set of acts was regarding the relief of those effected by the Great Depression. It was quickly determined that practically every citizen was effected in some way. On March 12, 1933, FDR came over the radios of Americans in his famous Fireside Chat. This particular speech was regarding the banking crisis. He dove right in and mentioned the issues on the forefront of American’s minds. In the last days of February and into the first weeks of March there was surge of people that took their entire savings out of their banks for cash or gold because they feared loosing their money all together. Roosevelt explains that, “Th...

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“Home Owners Loan Corporation.” The Next New Deal: The Blog of the Roosevelt
Institute. March 22, 2012. Accessed April 12, 2014. http://www.nextnewdeal.net/ home-owners-loan-corporation. “National Labor Relations Act (Nlra).” Legal Information Institute - Cornell University
Law School. April 12, 2014. Accessed April 12, 2014. http://www.law.cornell
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“The Works Progress Administration (WPA).” The American Experience PBS. April
12, 2014. Accessed April 12, 2014. http://www.pbs.org/wgbh/americanexperience
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FDR’s Alphabet Soup

FDR Election DBQ Essay