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Fdr's Response To The New Deal

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The year was 1929, the stock market had just crashed, thus millions of Americans lost their jobs as well as their savings due to nearly half of the nation’s banks closing. Herbert Hoover was president of the United States at the time, and during the four years of Hoover being in office millions of Americans became unemployed. 11,000 of the nation's 24,000 banks closed, the farming industry eroded and the national currency was dramatically devalued. But in the year 1932 a change for the better was coming to America. In 1933, Franklin D. Roosevelt was elected into office as president of the United States of America.
On Saturday March 3, 1933 FDR gave his first Inaugural Address speech. When giving his speech, Roosevelt addressed some major economic concerns that needed a solution, and with him as the new leader of the nation those issues would have a solution. The concerns that FDR recognized in his speech were that most banks were closed, farms were suffering, and nearly 13 million workers were unemployed. As for a solution Roosevelt explained to the American citizens what his “New Deal” was, and what those programs would do to help the nation for the better. …show more content…
After making unemployment the priority, he calls for the redistribution of the population to correct the “overbalance of population in our industrial centers.” After this shocking idea FDR calls for changes in agriculture, government budgets, relief, banking, national planning, international trade, and a good neighbor policy. He concludes that “We are, I know, ready and willing to submit our lives and property to such discipline, because it makes possible a leadership which aims at a larger good.” Moving as a “trained and loyal army,” we should all be bound together by “a sacred obligation with a unity of duty hitherto evoked only in time of armed strife.” Roosevelt does not offer specific plans, but he asks the people to trust him with unspecified extraordinary

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