Fdr Alphabet Soup

The longest-lasting economic downfall in the history of the United States was the Great Depression. The Great Depression generated close after the stock market crash. The stock market crash presented itself on October 1929. The stock market crash pushed Wall Street into hectic terror which eradicated millions of investors. Since the crash of the stock market, over the next numerous years, consumer spending and investment dropped. In consideration of consumer spending and investment dropping it caused steep declines in industrial manufacturing and rising levels of unemployment. Rising unemployment was caused by companies that were failing and laying off workers. When the Great Depression reached its all-time low, before 1933, some thirteen to

The “alphabet soup” concept came from directed attention from the government agencies initials.The agencies wanted to achieve the three primary objectives. The first R stands for relief. President Roosevelt wanted to relief those having a bad time and experience from the Great Depression. The second R stands for recovery. Roosevelt is yearning to obtain the weeping, unhappy, and hurting economy. The last and third R represents reform. Roosevelt wanted to change the society and show them that this tremendous of a dilemma is trying to be avoided in the future. Some government agencies succeeded in benefiting and supporting the three R’s, but not all helped. (FDR's Alphabet Soup,

With that act the Emergency Farm Mortgage Act came along also. These acts were designed to raise farm incomes, and give funds to farmers. They did this so farmers would not lose their land to foreclosure. The goal of this act was to lower production and raise prices. The Agricultural Adjustment Administration or AAA aided the farmers. In the spring, the Agricultural Adjustment Administration and the farmers got together. When the got together they set up quotas over how many acres of crop and livestock the United States needed. The Agricultural Adjustment Administration would pay farmers not to farm. The AAA secured themselves with the law of supply and demand. This became an enormous problem to the AAA. In 1933, the AAA plowed under millions of corn acres and slaughtered millions of pigs. Even though they AAA saved the farmers from economic disaster they still managed to do some harm along the way. Forty million acres of land had been taken out of production. Regardless of taking all of those acres out for production farm income increased with more than fifty percent within two years. (The New Deal,