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2 pages/≈550 words
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MLA
Subject:
History
Type:
Essay
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English (U.S.)
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Topic:

US History: The Great Depression and the New Deal

Essay Instructions:

In this discussion, please choose and respond to two of the prompts that follow. Topic prompts are generally comprised of several sub-questions, of which all must be addressed. Responses should be in original wording and contain a few images or videos to enhance the posting. The inclusion of researched information from supplemental resources is highly encouraged (cited in MLA format below your answers).

Please include your selected topic questions above your responses.

Topic 1: What were at least three leading causes of the Great Depression? What are two issues today that could similarly lead to worsening economic conditions if they are not restrained? If you were in a national leadership position today, what New Deal–like policy would you enact to prevent future economic disasters?

Topic 2: What were at least three New Deal programs that had a tremendously positive effect on American society, and why? What were at least two programs that were controversial and eventually struck down by the Supreme Court? What is at least one program or agency that is still pertinent and around today?

Topic 3: What were at least three qualities of Franklin D. Roosevelt that made him stand out from other presidents, contributing to his being ranked as among the best presidents in the country's history? Conversely, what were at least two actions or policies of the Roosevelt presidency that were rightly criticized by FDR's political opponents as being too overbearing or unconstitutional?

 

Essay Sample Content Preview:
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US History
Topic 1
In the late 1920s and 1930s, the Great Depression remains the most extended and worst economic depression in modern history. During almost ten years (from late 1929 to roughly 1939) it was a dramatic decrease in industry output, deflation, mass unemployment, bank panic, and substantial rises in the poverty rates and homelessness that affected practically every country in the world. In the USA, which generally had the worst consequences for industrial production, the GDP decreased by 30 percent between 1929 and 1933, and unemployment reached more than 20 percent (Bernanke). By contrast, GDP plummeted by 4.3 percent, and the unemployment rate dropped slightly below 10 percent in the Great Recession 2007–09, the second most significant economic downturn in US history.
Today, issues that could worsen economic conditions if not restrained include the advance of 10-year deficit reduction goals, which requires a minimum saving during that period, based on the Federal Budget. "It's only math," the "rallying cry" for people who want to set rigorous targets for ten years. Nevertheless, it is not just math; it is economical; ignoring today's economic circumstances leads to profoundly wrong budgetary policies (Bernanke). The plan should not be a 10-year target for reducing deficits in light of the still weak US economy. Instead, economic recovery should be encouraged in the short term, and debt should be stabilized as a share of GDP once an economy is average.
If I were in a national leadership position today, I would enact sensitive fiscal policies – for example, debt-rate stabilization in standard economic times – which are not applicable in the US economy today, given that the economy is abnormally weak and has been over five years old. The impact on the economy of the deficit reduction — and hence the debt ratio — depends significantly on the type of policies utilized to achieve these reductions (Be...
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