Block, Siteadmin, SkipCaptcha, Upload, Automoderated users, delete, edit, move, nsTeam2RO, nsTeam2RW, nsTeam2_talkRO, nsTeam2_talkRW, protect, rollback, Administrators, template
292,416
edits
Changes
Jump to navigation
Jump to search
Line 137:
Line 137: + +
→The New Deal: reinsert
== The New Deal ==
== The New Deal ==
see [[New Deal]]
see [[New Deal]]
Enforcement of the Antitrust Act was considered as an essential instrument to prevent [[cartel]]s and trusts and combinations in restraint of trade which were supposed to be deadly to the system of free enterprise. During the fall [[United States presidential election, 1932|election of 1932]], Franklin Roosevelt called for strict enforcement of the Antitrust Act as part of his proposed New Deal. Yet immediately upon Roosevelt's election enforcement was suspended in order to cartelize every industry in America on the [[Fascism|Italian corporative model]].
In the United States, the depression caused the Republicans to lose the 1932 elections. [[Franklin D. Roosevelt]], a Democrat, was not sure what to do, so he tried many different things at once. The "First New Deal" in 1933 enacted programs to deal with deflation, unemployment relief, the banking crisis, the farm crisis, international trade, and the overall economic malaise. The "Second Mew Deal" of 1934-35 involved a shift to the left, promoting labor unions, enacting Social Security, and nationalizing relief. Conservatives vigorously opposed the Second New Deal, but FDR was reelected in a landslide in 1936. In his second term, politics turned sour and only one new program was enacted (the minimum wage), as the economy plunged downward again in 1937-38. Full recovery came as the US rearmed for World War II.
In the United States, the depression caused the Republicans to lose the 1932 elections. [[Franklin D. Roosevelt]], a Democrat, was not sure what to do, so he tried many different things at once. The "First New Deal" in 1933 enacted programs to deal with deflation, unemployment relief, the banking crisis, the farm crisis, international trade, and the overall economic malaise. The "Second Mew Deal" of 1934-35 involved a shift to the left, promoting labor unions, enacting Social Security, and nationalizing relief. Conservatives vigorously opposed the Second New Deal, but FDR was reelected in a landslide in 1936. In his second term, politics turned sour and only one new program was enacted (the minimum wage), as the economy plunged downward again in 1937-38. Full recovery came as the US rearmed for World War II.