The Great Depression & Unemployment

Glastetter 1
The Great Depression was an unfortunate period of economic hard times that citizens of the United States struggled through. During this decade large numbers of people lived in poverty, desperately in need of more food, clothing, and shelter. It began in the United States with the New York Stock Market Crash of 1929 and lasted until about 1939. The consequences of the Great Depression led to the election of Franklin D. Roosevelt and major changes in the structure of the United States’ economy brought about by his New Deal. Thus, the New Deal helped calmed the fears of the unemployed caused by the Great Depression.
The New Deal that Roosevelt had promised the American people began to take shape immediately after his inauguration in March 1933. According to Goodwin’s Internet article, Roosevelt states in his inauguration, “This great Nation will endure as it has endured, will revive an will prosper. So, first of all, let me assert my firm belief that the only ...