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Essay / Research Paper Abstract
A 4 page discussion of Roosevelt's New Deal. While some contend that it was the beginning of the contemporary welfare state, a welfare state we most often blame on liberals, in reality it had as many conservative overtones as liberal. Bibliography lists 3 sources.
Page Count:
4 pages (~225 words per page)
File: AM2_PPnewDl.rtf
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Unformatted sample text from the term paper:
Franklin D. Roosevelts so-called New Deal was one of the more innovative pieces of legislation of the twentieth century. It was an answer to
the Great Depression and the social and economic considerations that era entailed. While some contend that the New Deal was one of the earliest hints of our nations trend
toward liberalism, in reality it also had certain conservative overtones as well. The factors which made the need for a radical new approach
like Roosevelts New Deal were many. The stock market crash of 1929 was most certainly a contributing factor to the Great Depression which would follow. No one really
knows all the reasons our nation had been plunged to the depths of despair, however. Indeed, even historians are non-committal in identifying these causative factors, preferring evidently to remember
this time in history as one of the great unresolved mysteries of the 20th century (Norton, 1997). Whatever the causative reasons,
Roosevelt recognized that he had to implement radical measures if he was going to be able to pull the nation from the brinks of despair and back onto its feet.
Conditions in the U.S. were so bad it was estimated that over 100,000 American citizens were seeking work in Russia (Sulzberger, 1966). Roosevelt recognized that the people and
the businesses of America were suffering as they had at no other point in history (Norton, 1997). While unemployed workers had little money to spend, firms would not employ
them because they saw no market for their goods (Foner and Garraty, 1991). Investors and bankers alike took a watch and
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