The New Deal
During the 1920s, the world experienced a period of affluence characterized by substantial cultural growth and new inventions. Concurrently, the world economy was at its peak as people were experiencing the highest standard of living in history. Because of the high standard of living, the general public largely participated in the stock market, and lost large amounts of money when the stock market crashed in 1929. As a result of the stock market crash, America was thrust into the Great Depression, which was getting worse by the day as Franklin Delano Roosevelt took office in 1933. FDR’s New Deal introduced new government programs that influenced economic help programs and changed the government to better help its citizens by taking …show more content…
Under FDR’s Second New Deal, governments funded public projects to provide jobs for “idle workers” (“Franklin D. Roosevelt and the New Deal”). The largest and most prominent of the projects created was the Civilian Conservation Corps from the Emergency Conservation Work Act. The Civilian Conservation Corps, typically referred to as the CCC, gave 500,000 young men work. In return for their work, the workers would receive an education, food, and money to send home to their families (“Franklin D. Roosevelt and the New Deal”). A second significant program was the Tennessee Valley Authority, also known as the TVA (Genovese). The TVA’s aspiration was to produce electricity by building hydroelectric dams that would also “provide important economic development for the entire Tennessee Valley” (“Franklin D. Roosevelt and the New Deal”). These social welfare and government-subsidized work programs greatly ameliorated America’s economy …show more content…
After World War II ended and Japan was defeated, American military was transported to Japan to enact reforms. American occupation in Japan was “part of the effort to transform the economy into a free market capitalist system” (“Occupation and Reconstruction of Japan”). The first stage included punishing Japan for the war and making changes to the Japanese military to preclude it from gaining too much power. The second stage was similar to America’s New Deal in the way it strengthened Japan’s economy and helped the Japanese people escape from poverty. The last stage generated a formal peace treaty between Japan and the United States (“Occupation and Reconstruction of Japan”). However, American occupation in Japan was largely to prevent the spread of communism because “[communist] movements feed on economic and political weakness” (Rauchway 130). America wanted to prevent the spread of communism as it was on a
During the 1920s, the world experienced a period of affluence characterized by substantial cultural growth and new inventions. Concurrently, the world economy was at its peak as people were experiencing the highest standard of living in history. Because of the high standard of living, the general public largely participated in the stock market, and lost large amounts of money when the stock market crashed in 1929. As a result of the stock market crash, America was thrust into the Great Depression, which was getting worse by the day as Franklin Delano Roosevelt took office in 1933. FDR’s New Deal introduced new government programs that influenced economic help programs and changed the government to better help its citizens by taking …show more content…
Under FDR’s Second New Deal, governments funded public projects to provide jobs for “idle workers” (“Franklin D. Roosevelt and the New Deal”). The largest and most prominent of the projects created was the Civilian Conservation Corps from the Emergency Conservation Work Act. The Civilian Conservation Corps, typically referred to as the CCC, gave 500,000 young men work. In return for their work, the workers would receive an education, food, and money to send home to their families (“Franklin D. Roosevelt and the New Deal”). A second significant program was the Tennessee Valley Authority, also known as the TVA (Genovese). The TVA’s aspiration was to produce electricity by building hydroelectric dams that would also “provide important economic development for the entire Tennessee Valley” (“Franklin D. Roosevelt and the New Deal”). These social welfare and government-subsidized work programs greatly ameliorated America’s economy …show more content…
After World War II ended and Japan was defeated, American military was transported to Japan to enact reforms. American occupation in Japan was “part of the effort to transform the economy into a free market capitalist system” (“Occupation and Reconstruction of Japan”). The first stage included punishing Japan for the war and making changes to the Japanese military to preclude it from gaining too much power. The second stage was similar to America’s New Deal in the way it strengthened Japan’s economy and helped the Japanese people escape from poverty. The last stage generated a formal peace treaty between Japan and the United States (“Occupation and Reconstruction of Japan”). However, American occupation in Japan was largely to prevent the spread of communism because “[communist] movements feed on economic and political weakness” (Rauchway 130). America wanted to prevent the spread of communism as it was on a