06 Mar The Great Depression – A New Deal | 3
With the country was still hobbled by the Depression, New York Governor Franklin Delano Roosevelt promised a “New Deal” for the American people. That vow handed Roosevelt a contested Democratic nomination and helped him crush Hoover in the general election. Roosevelt began his presidency with a flurry of policy proposals and legislative efforts focused around three priorities: relief, recovery, and reform. These new efforts saw millions of young men put back to work preserving natural areas as part of the Civilian Conservation Corps and undertaking a massive rural electrification project in the Tennessee River Valley. And the country’s first female cabinet member led the creation of Social Security, one of the crowning achievements of Roosevelt’s administration.
Meanwhile, a reckoning was in order for Wall Street. Years after the stock market crash, a raucous senate investigation would unveil egregious abuses by financiers.
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