Should The Government Get Responsible For The Great Depression

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Tandra Davis American National Government Professor Rooks April 8, 2017 Word count 541 While it may appear to the United States citizens that the President runs everything in the country, which, they normally appoint someone with vast experience to oversee things such as the budget. When we seem concerned about the economy our minds may think about the government, even though I believe the economy is everyone’s responsible. Who should get credit for the economy boom or recession, perhaps the Federal Reserve Board and the American People. The president perhaps can hurt the economy by making bad decision such as in 1920-1929 the economy crash and so did the stock market, some may say this was because the president made a bad financial decision, therefore helping to create the Great depression error. Everyone is responsible for creating a better economy, I am not saying that we do not need the Federal Reserve Board, because they were appointed to help the economy to flourish. Small and Large business can help our economy to grow by creating better and more jobs within their own communities. …show more content…

Will it ever happen again, who can be sure? In this error unemployment rose from 3 percent to 25 percent of the nation’s workforce. Many farmers lost their farms, people became homeless and some moved to shantytowns called “Hooverville,” named after then-President Herbert Hoover (The Balance). In 1932 a new President was elected “Franklin D Roosevelt” he promised to help end the Great Depression by creating federal government programs. “Many of these programs still exist today which includes, social Security, the Securities and Exchange Commission, and the Federal Deposit Insurance Corporation. These programs help safeguard the economy and prevent another depression (the

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