1. Political andthe New Deal Thisdepression also shaken the politics of the United States in unfetteredcapitalism. Herbert Hoover, a Republican who additionally served as USsecretary of commerce, believed that the government should not directlyintervened this economic depression and has no responsibility to create jobsand provide financial remedy for the residents. As a result people voted forFranklin Roosevelt.
He won an overwhelming victory in the presidential electionMarch 1933. After electing he take on spot action to address the USA’s economicwoes and promised that government spending might end this depression. Atinauguration day he ordered every state of US to close all remaining bank andannounce the four day bank holiday. During the closer of banks so the congresscould pass the legislation bill to reopen those banks to gained the peopletoward restoring the public confidence. 2. DroughtCondition This economic devastation of the depressionwas worse by environmental destruction.
After long years drought coupled withpoor farming practices created a vast region from southeast Colorado to theTexas that came to be called the Dust Bowl. Massive dust storms blocked townskilling the crops and animals, making people sick and causing millions ofdamage which was unknown.Recoveryfrom the Great DepressionAfter the new president elected inthe US, he promises to create the programs to end the great depression withinhis 100 days of his presidency he signed the new deal which created 42 newagencies which are designed to create jobs, allow unionization and provideunemployment insurance. Some are Tennessee Valley Authority (TVA), which builtdams to control the flooding and hydroelectric projects provide electricity,and the Work Progress Administration (WPA) program who give permanent jobs to8.5 million people from 1935 to 1943.
Many of these programs still workingwhich include social security, Security and Exchange Commission and the FederalDeposit Insurance Corporation, these programs guard the economy and helpprevent another depression. This great depression of era had fueled the rise ofthe extremist political movements in various European countries, financialstress made Germans to elect the Adolf Hitler’s Nazi party in 1933. If FranklinD. Roosevelt had spend enough on the deal to end depression before Nazi’s cameinto power the WWII would never be happened.