President Franklin D. Roosevelt: The New Deal (jan 1, 1933 – jan 1, 1939)
Description:
Cause:1. Stock Market Crash of 1929
2. Herbert Hoover's terrible response to Great Depression
3. opposition to laissez-faire
4. executive intervention
Effect:
1. put people back to work
2. saved capitalism
3. restored faith in American economic system
4. revived sense of hope in American people
Added to timeline:
Date:
jan 1, 1933
jan 1, 1939
~ 6 years