Great Depression and Caused Racial Discrimination

Topic: Civil Rights
Words: 277 Pages: 1

The most significant economic crisis in the history of the United States began 85 years ago, on October 24, 1929. The value of securities fell, and business activity sharply decreased, the gold standard for the main world currencies was canceled. Firms and factories were closed, and millions of people became unemployed. The new course of President Franklin Roosevelt included price regulation, the initiation of the association of producers into large enterprises, a social program – the establishment of a minimum wage, a maximum working week, the introduction of payments for employees who have reached 65 years. The implementation of state-monopolistic regulation of the economy made it possible to normalize the country’s situation.

The President was aimed at forming a new course, which was necessary in order to create jobs, help the poor and save the country’s economy. The first and second New Deals expanded federal control over American society and the economy. The new deals have made the pre-existing racial discrimination even more pronounced. Depression has significantly complicated the lives of many African Americans (Economic Crisis and Roosevelt Presidency 1). Large sums of money were spent on helping black people, but it was not significant.

First Lady Eleanor Roosevelt was able to form favorable life support programs for black people. Eleanor Roosevelt took an active part in establishing an everyday life for black people. She was able to ensure that a large number of black people could enter the civil service (Economic Crisis and Roosevelt Presidency 8). Thanks to the first lady’s efforts, and her active and definite life position, black people have gained access to education, and the lives of many of them have significantly improved.

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