President Franklin Delano Roosevelt initiated several acts that fixed the bank problems and helped the American people obtain jobs and relief during the Great Depression, according to PBS's The American Experience. These acts included the Emergency Banking Bill of 1933, the Glass-Steagall Act (FDIC), the Civil Conservation Corps, the Works Progress Administration, the Home Owners' Loan Corporation, the National Industrial Recovery Act and the Federal Emergency Relief Administration.Continue Reading
President Roosevelt took an active approach to solving the nation's problems by calling in all the experts and theorists he could to help brainstorm solutions to the Great Depression, PBS reports. His predecessor, Herbert Hoover, had let the Depression run its course, believing it was not the government's job to get involved.
The Emergency Banking Bill of 1933 stabilized the banking system. The Glass-Steagall Act created the FDIC, which gave bank deposits the protection of federal insurance. The Civil Conservation Corps put young men ages 17 to 23 to work in forests and national parks. They earned $30 a month, much of which was sent back to assist their families, according to the Authentic History Center.
The Works Progress Administration employed more than 8.5 million men to build roads, bridges, public buildings and parks. This program improved public property and offered jobs to those who desperately needed them. The National Industrial Recovery Act helped to regulate hours worked and to ban child labor. The Federal Emergency Relief Administration delivered money to states to create work relief programs.
The Agricultural Adjustment Act helped the farmers struggling in the Dust Bowl by paying them to reduce their crops. It also offered loans for farmers facing bankruptcy. Finally, the Home Owners' Loan Corporation helped people facing foreclosure keep their homes.Learn more about US History
During the Great Depression, minorities were faced with heightened discrimination in employment, denial of service at relief centers and increased violence against African-Americans in the South. Many "New Deal" laws did not provide equal rights for minorities; in fact, the "New Deal" was known as the "Raw Deal" among minorities.Full Answer >
Available jobs during the Great Depression included working as servants or clerks, jobs in textile factories and positions with one of the railroad companies. There were jobs available but, with so many people unemployed, there was fierce competition for steady employment.Full Answer >
Harry S. Truman was the 33rd U.S. president, sworn in after the sudden death of former President Franklin Delano Roosevelt. Truman was Roosevelt's vice president for only 82 days before being sworn in. In his early years, Truman grew up on a farm in Independence, Missouri, with his father, mule trader John Anderson Truman, and mother, Martha Ellen Truman. His poor eyesight prevented him from playing sports as a child, but Truman pursued his passions of reading and music.Full Answer >
In 1935, President Franklin Delano Roosevelt passed the Social Security Act as part of the Depression recovery program known as the New Deal. The Social Security Act established a two-fold insurance program, featuring unemployment compensation and old-age retirement insurance.Full Answer >