August 5th, 1934 - Roosevelt announces New Deal


The stock market crash of 1929 was followed by a world economic crisis, the "Great Depression". During this crisis, Roosevelt won the 1932 presidential election against the incumbent President Hoover, who was blamed for the crisis and criticized for lack of courage in decision making. Roosevelt was expected to introduce radical reforms to alleviate the widespread social hardship and to boost the economy. (original sound bite) Headlined “New Deal”, he carried out radical economic reforms in favor of greater social responsibility. The state intervened in the economy and ordered the construction of many public projects.

Länge: 00:01:05 | O-Ton: nein | Farbe: s/w | Jahr: 1934 | Clip-ID: JHT000369E




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