Roosevelt did not want the world to fall into this kind of economic disaster again. Reform is fixing a situation with a permanent ending. This means that there will not be a repeat of the depression. Roosevelt demonstrated his power through his reform in acts like the Soil Conservation Act. This was in place so the farms had to regulate and maintain their soil in order to avoid another economic disaster like the dust bowl. The dust bowl ruined crops which made the farmers lose money. This helped plunge the farmers into the depression with everyone else along with the lack of demand. Franklin Roosevelt also put the Federal deposit insurance corporation into place. This insures every ones money in the bank so that if there were to be a crash and the banks were to lose their money that they invested, the people wouldn't lose theirs. This makes sure that if a drop in the market happens then people won't start getting out of control. Keeping the country in order is necessary in these situations because it keeps the people working together and not against each other.
No comments:
Post a Comment