In the fall of 1929, the nation suffered a great devastation as a result of the Stock Market crash. In order to stabilize the economy, Franklin D Roosevelt established “New Deal” programs that would not only stimulate the weakening economy but to also bring hope to the American people. In the fall of 1929, the United Stated underwent the greatest financial collapse in the country’s history. According to History.com, “companies went bankrupt and began to fire their workers in droves”. The unemployment rate rose steeply. As a result, many lost their homes and some even took their own lives. America was in the midst of the “Great Depression” with little to no hope of recovery. During this time, the industrial production declined, the banks were
