Franklin D. Roosevelt blamed the Depression on basic faults in the
American economy and promised a new deal. for the 'forgotten man'. He
won the 1932 presidential election with an unprecedented majority and
set about remedying the Worsening situation with his New Deal in 1933.
This was the frist administration to introduce govemment planning into
the economy. Over the next two years, millions of unemployed were given
jobs in public works projects, and emergency relief was provided for
others in order to create greater internal demand for American products.
Numerous measures were also taken to help the farmers, as a result of
which their
incomes more than doubled between 1932 and 1939. The Second new Deal (1935-39)
aimed at providing security against unemployment, illness and old age,
to prevent the terrible hardships of the Depression being repeated.
(Adaptado de Aspects of Britain and lhe USA, de C. Garwood.)
A palavra
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