S
oon after he was inaugurated in March 1933, Franklin D. Roosevelt began a “New Deal” for America. With the assistance of Congress, he hoped to restore the banking system, help those in need throughout the United States, and reverse the economic downturn. While historians continue to debate the effectiveness of the New Deal, at the very least it preserved the country’s fiscal status until the breakout of World War II made the United States economy boom with war industry.
Timeline
To
From
1933
Other: Hundred Days Congress
Other: FDR closes banks
Other: Franklin D. Roosevelt becomes President of U.S.
4 Mar 1933
Other: Social Security Act
14 Aug 1935
Other: Roosevelt’s Recession
1937
Other: World War II begins
1 Sept 1939
Other: End of Prohibition, Twenty-first Amendment passed
1933
National Debt: 1939
$40,440,000,000
National Debt: 1932
$19,487,000,000
Event: Category
Social Relief Program
Event
The New Deal
Location
Washington, D.C.
Other Facts
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