Andrew Cook and Oliver Wang
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Wednesday, February 17, 2010

The New Deal

To combat the severe economic crisis that was called the Great Depression, our country needed a way to pull our way out of it. I came up with a series of policies that were called the New Deal. The New Deal came in two phases. The first focused on relief and recovery from the Great Depression. This was achieved through inflation, agricultural and business regulation, public works, and price stabilization.
The second phase continued all that had been done in the first phase, as well as providing legislation that would benefit the working Americans. It was during this time that the social security system was set up. Throughout all of this, numerous organizations were set up by the government. These included the NRA, the FDIC, and the AAA. Though many of the policies were later pulled down, some, like social security, remain today.

Andrew Cook
http://infoplease.com/ce6/history/A0835397.html

1 comment:

  1. Hello Franklin D. Roosevelt, this is president Andrew Jackson. I looked at some information on whitehouse.gov and read over some of the steps you took in the Great Depression. I believe that because of the country's economic crisis at the time that what you did was benificial. Taxing the wealthy and creating a work relief program for the unemployed were both wise in helping America to become stable again.
    Briana M.

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