01:506:101 Lecture 19: Ch19
13 Mar 2018
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Document Summary
In the 1920s people saw the century as one of progress, but the 1930s turned into a search for security and self- sufficiency--through regulations, controls, plans. Some nations remained democratic but others turned to dictatorship, for a leader to act, decide--to get results, to restore a nation"s pride. pp. 805-810: the united states: depression and the new deal, hoover limited his actions in the depression; he saw the needs as temporary and opposed government direct relief to the jobless. He preferred assisting banks and railroads (credit) and home and farm mortgage relief. The election of fdr brought the full new deal, a combination of programs for relief, recovery, and reform: relief: expansion of aid to farmers and home-owners; direct relief to the unemployed; and then relief projects (pwa and. He declared a bank holiday, then reopened them under closer supervision; he devalued the dollar; the farmer received subsidies, and controls; the nra was created to regulate prices and production.
