American History: End of the New Deal
April 21, 2011
Franklin D. Roosevelt was the 32nd president of the United States.
STEVE EMBER: Welcome to THE MAKING OF A NATION – American history in VOA Special English.
By the middle of the nineteen thirties, America seemed to be moving out of the worst depression in its history. Most people supported the "New Deal" policies of President Franklin Delano Roosevelt.
The dark view that many Americans held during the final days of President Herbert Hoover's administration seemed to be changing. People began to believe that the United States was facing its problems with energy and hope.
This week in our series, Harry Monroe and Jack Wietzel tell more about the New Deal programs of President Roosevelt.
HARRY MONROE: The change could be seen in the way that Americans were moving away from extreme political movements of both the Right and the Left. Many decided that the best solution was to work through the existing political system.
Most importantly, Roosevelt's continued experiments with different programs showed Americans that they did not have to blindly follow political or economic traditions.
For years, most Americans had accepted the basic ideas of traditional free market capitalism. But as the depression began, a small number of Americans became interested in the economic ideas of Karl Marx.
Roosevelt believed it was best to travel a path between these two opposite ideas. He basically supported the free market system. But he believed government also had a right and responsibility to act when needed. And he supported new government controls in such important areas as banking, transportation, agriculture, and oil production.
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