Topic > Global Failures: The 1920s and the Great Depression
In 1932 the newly elected president, Franklin Roosevelt, caught America's attention when he took office. As people rallied behind him supporting his solution to the depression known as “The New Deal”. Roosevelt was for the people and that's why he was elected. Roosevelt moved with urgency and diligence during his presidency. The New Deal was a program aimed at helping America out of the Depression and helping the stock market recover. The speed with which the New Deal was outlined and implemented was incredible. When Roosevelt took office, the American banking and credit system was at a standstill
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