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Buy custom The Great Depression Of The 1930s

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Topic: Miscellaneous
Number of pages / Number of words: 5 / 1171
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In his first inaugural address (March 1933), President Franklin D. ROOSEVELT declared that "the only thing we have to fear is fear itself." But though his NEW DEAL grappled with economic problems throughout his first two terms, it had no consistent policy. At first Roosevelt tried to stimulate the economy through the NATIONAL RECOVERY ADMINISTRATION, charged with establishing minimum wages and codes of fair competition in every industry...


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At first Roosevelt tried to stimulate the economy through the NATIONAL RECOVERY ADMINISTRATION, charged with establishing minimum wages and codes of fair competition in every industry. It was based on the idea of spreading work and reducing unfair competitive practices by means of cooperation in industry, so as to stabilize production and prevent the price slashing that had begun after 1929...


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