This website uses cookies to ensure you have the best experience. Learn more

The Great Altering Of Government Perspective

2195 words - 9 pages

After the prosperous age of the Golden Twenties, the Great Depression plunged the United States into the most severe economic downturn in history. Companies went bankrupt, workers were fired in multitudes, and the nation’s money supply all but vanished. During the crisis, one quarter of the entire nation was unemployed. The New Deal caused Americans to view their government with a new perspective that has forever changed American politics. How did the Great Depression and New Deal transform American politics?
The prosperity of the 1920’s came to an abrupt halt when the stock market crashed in 1929. The cause of the Great Depression was triggered by a combination of reasons. Americans had ...view middle of the document...

Banks were forced to close and entire life savings vanished. During Hoover’s presidency around 20 percent of banks failed because they had no deposit insurance (5). One collapse would then expedite another as bankers withdrew all of their money. Then because of the banking crisis, businesses were affected from consumers’ fear of purchasing new products on credit and unwillingness to buy company goods. Companies had to scale back proportionately and lay off millions of workers. By1932, nearly a quarter of the entire population was left unemployed (4).
While the stock market crash, banking crisis, and business bankruptcies were some of the causes of the Great Depression, they were not the only origins. The world was in a global depression from the debts of World War I and the economic issues in Europe waned the U.S. economy. Another issue was the poor distribution of wealth. A trifling 1% of the United States had their income increase dramatically by over 60% whereas the poorest of Americans had their incomes cutback (4).
Hoover’s response to the severe economic downturn was that of laissez-faire in hopes that the depression would fade and eventually the economy would raise itself again. Despite American demands for food and shelter, Hoover rejected the ideas of direct government aid. Although many others also had this belief of Individualism, communities and charities did not have the resources to combat the vast amount of misery. Eventually, Hoover created the President’s Committee for Unemployment Relief (PCUR) to assist state relief efforts. Those appointed made donations to private relief organizations such as the Red Cross and the YMCA (Young Mans Christian Association) and urged Americans to contribute. However, this proved ineffectual and the misery of the depression continued to the same degree. Hoover was opposed to direct aid from the government but he did try to stimulate the economy through funding $800 million into public work programs (4). The most famous of the work programs was the colossal construction of the Hoover Dam, along with 800 public buildings and 37,000 miles of highway (4). Nevertheless, the public work programs had minimal effect on the Depression. Moreover, Hoover tried other methods besides direct relief by creating programs that allowed the people to find ways to help themselves. One of these programs was the Federal Farm Board, which reduced farmers’ expenses, bought up surplus produce, and allowed farmers to purchase equipment more frugally in bulk. Hoover then tried to stabilize banks with the Home Loan Bank Act and the Reconstruction Finance Corporation (RFC), which used $2 billion in taxpayer money to alleviate troubled banks and helped many large corporations avoid bankruptcy. Some critics were enraged by these policies because they believed that loaning money to the full-size corporations would do nothing to help the people who were suffering at the bottom. However, one can see the reasoning in Hoover’s...

Find Another Essay On The Great altering of Government Perspective

The Nature of Perspective Essay

1655 words - 7 pages Does evil exist? There is no evil in the world because evil is only a matter of perspective. Once one’s body is outside of a situation, our mind analyzes the past and changes perspective. In many occasions, evil refers to people who strive in order to reach perfection in an imperfect world. Everyone has the ability to be good, but when the human’s soul is in search for perfection, people make errors that teach them or her to behave righteous. By

Government Programs During the Great Depression

1175 words - 5 pages jobs in rural areas. This law provided employment in fresh-air government camps for about 3 million uniformed young men, many of whom might otherwise have been driven into criminal habits (830, Kennedy). Their jobs included the following: reforestation, firefighting, flood control, and swamp drainage. The recruits were required to help their parents by sending home most of their pay (830, Kennedy). Though people were not happy about the

Compare the democratic forms of government in the United States and Great Britain

719 words - 3 pages Compare the democratic forms of government in the United States and Great Britain. History and Geography Lifepac 902.Aaron Ang, 3/31/2004Although the need for government to have leadership that provides direction is universal among states, the form that the government leadership assumes varies. Government structure varies significantly between the United States and Great Britain, despite that each is a democracy and share a common history.In

The Great Depression- which reading offers the best perspective

949 words - 4 pages Great Depression from the perspective of "May Eckles". This reading provides us with an account from the Great Depression aided by excerpts from diary entries. This reading refers to the effects of The Great Depression on the people specifically of San Antonio. "Coping: Middle- and Upper- Class Women" examines the effects of The Great Depression on different races in San Antonia. The Great Depression affected Mexican - American women immensely, in

Daisy Buchanan's Sardonic Perspective in "The Great Gatsby"

1174 words - 5 pages In F. Scott Fitzgerald's third book, The Great Gatsby, Fitzgerald uses his narrator, Nick Carraway as a vital tool to comprehend the purposefulness of this story. Imagine having the story in some other characters point of view, a cynical and more sardonic point of view. Daisy Buchanan's point of view would simply all relate to her. If it does not it has no need to be conversed about or it has to change to something about her. Daisy's

The Perspective of Rational Choice

1722 words - 7 pages The rational choice perspective is a great way of understanding society and larger systems. When I read in our book how human behavior is based on self-interest and rational choices about effective ways to accomplish goals (Hutchison, 2008, p. 46), my past interactions made so much more sense. This is because human interaction involves trade of social resources, such as love, approval, information, money, and physical labor (Hutchison, 2008, p

The Power of Government

721 words - 3 pages healthcare the source states that with government involvement results in great economic consequences for the ordinary individual by high tax rates. However in order to maintain stability within a society we must satisfy the needs of all citizens and to do so people must participate through taxes in order to fulfil the needs of all people rather than a small percentage of individuals. The viewpoint of the source tends to demonize the ideas of reform

The Role of Government

1805 words - 7 pages multiple jobs and work extremely hard to just get by, while others sit back and collect a check from the government. It is unfair to the hard workers, and unfair to the tax payers. It is also said that these people are in their present situation because of their own bad choices in life and that the government owes them nothing. There are also a great number of people that abuse the welfare program. These individuals enroll in the program without

The Government of Democracy

1635 words - 7 pages and religion. Often throughout history these civilizations and their ideologies have caused great wars that have created ripples that are still felt today. Democracy is the most common form of government today and is considered to be the best functioning government. Yet in the Middle East only Israel, Turkey, and Cyprus have a democratic government. The Arab world is lagging behind the majority of the countries in the world by not adopting

The Foundations of Government

811 words - 3 pages The "Enlightenment" or the "Age of Realization" was an age of great advancement and reform for all of Europe and beyond. Great advancements were being made in the fields of science, philosophy, mathematics, and logic. Most people attribute these achievements to the social critics of that time, also known as the philosophers. These philosophers were controversial thinkers and pioneered the intellectual movements of the 1700's

The Function of Government

1992 words - 8 pages Perhaps the most widely discussed topic, aside from celebrities and the weather, politics is also one of the most volatile. Its subjects are often involved in as much scandal as the former, and its geography changes as quickly as the latter. Politicians and their business are important because they make up the government. “What should government do?” and “How should government function?” are questions which will evoke drastically different

Similar Essays

The First Labour Government Of Great Britain

5210 words - 21 pages habits of the person to whom it was applied were not approved.I may begin right away, then, by saying that the difference between cheese and chalk is not greater than the difference between the first Labour Government of Great Britain and the Bolshevik Government of Russia. I will give you here just two or three points of difference, for I expect to deal more full with the subject at tonight's meeting. In the first place, the Labour Government was

Modern Perspective Of American Government And Politics

1555 words - 6 pages Politics play a vital role in the decisions, policies, and procedures of contemporary American government. Although the hierarchal levels of government differ in size and authority, their political roles are similar. In dealing with the United States' current concerns, all levels of government are constantly under pressure and must improvise accordingly. Indeed, interest groups, public opinion, and political parties are just some of the profound

Perspective Of Education According To Great Minds

868 words - 4 pages . With this, the passage opens a door for readers to look at situations build upon their own perspective; unfortunately, the real connotation of its ideals can vary or being altered depending on the reader personal experiences. Considering al-Ghazālī’s beliefs, I believe it is easier to reach a better understanding of these passages by comparing them to other writers. In this case, when al-Ghazālī mentions: “The seventh duty of a student is that he

The Life Of Alexander The Great (Written From Alexander The Great's Perspective)

1816 words - 7 pages A conqueror is someone who uses powerful military forces to take ownership of vast amounts of land. A great example of a conqueror is Julius Caesar of the great Roman Empire. Julius Caesar conquered much of Gaul (Modern day France). Another good example of a conqueror is Alexander the great. Alexander had held land from Macedonia to the borders of the Indus valley. Through the conquest of Egypt, Persia, and the northern borders of India