R2220th&21st

The Shift in social structures from hierarchical orders to modern social classes: the changing distribution of wealth and poverty in the 20th and 21st century.

While the entire world and the American people were in a great depression, American president Franklin D. Roosevelt established the new deal in hopes to restore the country. During the Great Depression, most people could not receive a bank loan; the unemployment rate was 25%; and farmers were having difficulties selling their products. Roosevelt’s New Deal was an economic stimulus package aimed to giving aid to the unemployed, reform of business and financial practices, and recovery of the economy. The “first” New Deal, 1933, promoted banking reform laws, work relief programs, agricultural programs, and industrial reform. The “second” New Deal, 1935-1938, included relief programs, the social security act, and the labor union support.

Kingsbury, Alex. __U.S. News and World Report.__ 17 January 2008. 14 April 2009 .