Introduction Flashcards

1
Q

Context

A

Franklin D Roosevelt (FDR) was elected as American President in November 1932 at the height of the Great Depression, a crisis that had been triggered by the Wall Street Crash in 1929 and had caused unprecedented social and economic suffering.

In the immediate aftermath of the Wall Street Crash over 10 000 banks collapsed between 1929 and 1933 and unemployment rose from 3.2% in 1929 to 25.2% by 1933.

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2
Q

Factors

A

Some historians argue that New Deal was very effective in making political progress by breaking away from the lassiez faire approach that was well established by previous federal Goverments and stepping in to help Americans following the Great Depression.

Whereas others point to the limited success of the package of federal reform which failed to support all groups of people living in America the Great Depression.

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3
Q

Line of argument

A

This essay will argue that although there were some issues that still needed to be addressed, FDR had considerable success in implementing his vision for Relief, Recovery and Reform as a route to stimulating economic growth and distribute wealth more fairly.

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