Franklin D. Roosevelt's Beliefs
Franklin D. Roosevelt believed that the government was obligated to take a stronger role when the nation is in crisis. He believed that American citizens needed to depend on and trust their government. For example, Roosevelt stated, "'The liberty of democracy is not safe if the people tolerate the growth of private power to a point where it comes stronger than their democratic state itself. That, in essence, is fascism- ownership of government by an individual, by a group'" (History Matters). Roosevelt concluded that in order to be successful as a nation, the people had to rely on the government more. In addition, Roosevelt believed that the government needed to take action against the economic crisis as if America was at war. During his first Inaugural Address, FDR claimed that success, '"Can be accomplished in part by direct recruiting by the government itself, treating the task as we would treat the emergency of a war'" (History Matters). Roosevelt decided that an economic crisis is just as severe as a war, so it requires the same urgency as a war would. Furthermore, FDR also believed that American citizens should depend on each other, as manifested by this quote, '"I would dedicate this nation to the policy of the good neighbor- the neighbor who respects himself, and because he does so, respects the rights of others- the neighbor who respects his obligations and respects the sanctity of his agreements in and with a world of neighbors'" (History Matters). According to FDR, the nation needs to work together to overcome the economic crisis.
The New DealFranklin D Roosevelt's New Deal consisted of the three R's, relief, recovery, and reform. The goal of the New Deal was to restore America's economy. The goal of relief was to provide temporary help to struggling citizens. Recovery's goal was to help rebuild the economy. The goal for reform was to prevent a crisis from ever happening again. Roosevelt believe that with the New Deal and the three R's, came the possibility of recovery from the economic crisis in America.
Summary of Franklin D. Roosevelt's PresidencyThe above video describes all of Franklin D. Roosevelt's ideas on how to solve the American economic crisis. The video starts by explaining how The New Deal Came to into place. Congress passed the New Deal with the intent of fixing the economic depression, and preventing any future economic depressions. The video continues on to outline the three R's of the New Deal. The video explains the purpose of each R, relief, recovery and reform. In addition, the video outlines some of FDR's other plans to stabilize America. For example, plans like the Social Security Act, the Federal Deposit Insurance Corporation, and the Securities and Exchange Commission. Furthermore, the video discusses the difference between the First New Deal and the Second New Deal. The video manifested that the First New Deal includes all of FDR's plans before 1935, and the Second New Deal includes all of FDR's plans after 1935. Overall, this video provides a clear overview as to how the New Deal was created, and what it consisted of.
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New Deal Programs-Federal Reserve
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