Major Strides Against Poverty Essay -- Papers

Major Strides Against PovertyThroughout time people have been impact by the harshness of poverty and economic strain. It has always seemed to be difficult for the average the Statesn to prosper if in fact that person did not drive from previous wealth. Our great country prides on the idea of capitalism and the rights to freedom and insists that anyone who puts forth the effort can and will succeed. This has and always will be a debatable issue. The other realism is the role of the federal government and the capacity they work to ensure each and every American the right to become successful. ii Presidents come to mind when I think about the ways in which the government wishes to help the unfortunate. They are Franklin D. Roosevelt and Lyndon B. Johnson. These two administrations are the landmarks to the many programs and policies we see today that battle the likes of poverty and economic downfalls.The slap-up DepressionIndustrialization met its first and perhaps greatest o bstacle in October 1929, when the stock market crashed that inevitably leads to the Great Depression. The Depression lasted over a decade and affected world affairs by questioning the validity of Capitalism, Democracy and industrialization. The underlying causes of the Depression were a propose result of overproduction. When the market crashed, investors and bankers cut consumer credit, which reduced consumer-buying power. Sales declined therefore factories had to cut back on production. This led to a large reduction in the add together of workers. With more people unemployed, purchasing power plummeted and goods did not move. Factories found themselves producing next to nothing because there was no one buying. This led to more layoffs and fa... ...alto the Reagan Revolution. The John Hopkins University Press. Ballantine Books. eleventh ed. Canada, 1992 BibliographyBibliographyNew York Times ArticlesSenate Votes a $75 Million Bill to Fight Starvation in Nation.New York Times 5 Mar. 1967.Associated Press. Long Says Roosevelt Is a Liar and a Faker AndJust Getting as smart as I Was at 14. New York Times 9 Jul. 1935.Mallon, Winifred. New Deals Pacts For Trade Praised.New York Times 7 Jul. 1935.BooksDivine, Breen, Fredrickson, Williams, Roberts. America Past andPresent. Harper Collins College Publishers. 3rd ed. New York,1994.Langston, Thomas S. Ideologies and Presidents From the New Dealto the Reagan Revolution. The John Hopkins University Press. Ballantine Books. 11th ed. Canada, 1992