+ 1-888-787-5890  
   + 1-302-351-4405  

Essay/Term paper: Roosevelt

Essay, term paper, research paper:  History

Free essays available online are good but they will not follow the guidelines of your particular writing assignment. If you need a custom term paper on History: Roosevelt, you can hire a professional writer here to write you a high quality authentic essay. While free essays can be traced by Turnitin (plagiarism detection program), our custom written essays will pass any plagiarism test. Our writing service will save you time and grade.

The crash of the stock market brought many hard times.

Franklin D. Roosevelt's New Deal was a way to fix these

times. John Stuart Mill and John Maynard Keynes were two

economists whose economic theories greatly influenced and

helped Franklin D. Roosevelt devise a plan to rescue the

United States from the Great Depression it had fallen into.

John Stuart Mill was a strong believer of expanded

government, which the New Deal provided. John Maynard

Keynes believed in supply and demand, which the New

Deal used to stabilize the economy. Franklin D. Roosevelt's

New Deal is the plan that brought the U.S. out of the Great

Depression. It was sometimes thought to be an improvised

plan, but was actually very thought out. Roosevelt was not

afraid to involve the central government in addressing the

economic problem. The basic plan was to stimulate the

economy by creating jobs. First Roosevelt tried to help the

economy with the National Recovery Administration. The

NRA spread work and reduced unfair competitive practices

by cooperation in industry. Eventually the NRA was

declared unconstitutional. Franklin D. Roosevelt then needed

a new plan. Keeping the same idea of creating jobs he made

many other organizations devoted to forming jobs and in turn

helping the economy. One of those organizations was the

Civilian Conservation Corps. This corps took men off the

streets and paid them to plant forests and drain swamps.

Another of these organizations was the Public Works

Administration. This organization employed men to build

highways and public buildings. These were only some of the

organizations dedicated to creating jobs. Creating jobs was

important because it put money in the hands of the

consumer. This directly affected the supply and demand. The

more money they had the more they could spend. This

would slowly start a chain reaction and bring the economy

back to the way it was before the depression. By the end of

the 1930's this plan had lowered unemployment to 17.2%.

To make these organizations it was going to take money.

Roosevelt had to deficit spend, which is when the

government spends more than their budget in one year, in

order to obtain this money. Of course these ideas of supply

and demand and active government didn't just come to him.

He was influenced by John Maynard Keynes and John

Stuart Mill. There philosophies were the basis of the New

Deal. John Stuart Mill, who began studying economics at

age 13, was one of the most influential political thinkers of

the mid-Victorian period. He believed in empiricism and

utilitarianism. Empiricism is the belief that legitimate

knowledge comes only from experience. Utilitarianism is the

belief by which things are judged right or wrong. It is judged

according to their consequences. In a way he was a

hypocrite. When the economy was good he believed in

Laisezz-Faire, which means "hands off." If the economy was

bad, though, he believed in an extended role of government.

This simply meant that the government should take part in

the economy and try to make it better. The New Deal was a

very active government plan because it had the government

working directly to make jobs and fix the economy. Mill

died in 1873 and would never had a chance to talk to

Franklin D. Roosevelt. In a press conference Franklin D.

Roosevelt once said, "I brought down several books by

English economists and leading American economists, I

suppose I must have read different articles by fifteen different

experts."(Schlesinger, Pg.650) This writing indirectly steered

Roosevelt towards a plan which expanded the role of

government. Mill gave Franklin D. Roosevelt the basis of the

plan, but it needed to be elaborated on. John Maynard

Keynes was the man to do this. John Maynard Keynes, one

of the most influential economists of the 20th century. For

many years he was an active voice in economics. In 1929 he

wrote We Can Conquer Unemployment and in 1930 he

wrote his Treatise on Money. Ten years before he died he

wrote his General Theory of Employment, Interest and

Money. Above all he believed in supply and demand. This

was an indirect way to let the economy balance itself. In

order for this system to work people needed money. This

could only be done by creating jobs. Keynes also believed

that to reduce unemployment the government needed to

increase the aggregate demand. The aggregate demand is the

total amount of goods being demanded. The government

could do this by creating jobs. These jobs would provide

people with money to spend on products. The ability to pay

and the increase desire to spend would increase the demand

for goods. The demand for goods would rise and the

demand for workers would rise. This would slowly reduce

the unemployment rate and put the economy back where it

was before the crash of the stock market. In Arthur M.

Schlesinger Jr.'s book The Politics of Upheaval it's stated

that Franklin D. Roosevelt and Keynes communicated on

several occasions such as, letters, English tea meetings, and

messages delivered via mutual friends. Although Franklin D.

Roosevelt never publicly embraced Keynes' theories, and at

times voiced disagreement with parts of his theories, there

were many similarities between the works of the two men.

Franklin D. Roosevelt took these philosophies and created

the New Deal, which eventually brought the United States

out of the Great Depression. John Stuart Mill gave Franklin

D. Roosevelt the idea of an active government and John

Maynard Keynes showed him how to do it. Although

Franklin D. Roosevelt never really liked economists it

appears that the work of many economists showed up in his

New Deal. Although Mill did not directly influence FDR his

philosophies were present in Franklin D. Roosevelt's plan.

Also, Keynes theories were disagreed on time and time

again by FDR, but in the end the New Deal was almost a

perfect example of Keynes' theories.  

Other sample model essays:

History / Roots
"The Conscience of Captain Davies" How dose Conscience works. In movie "Roots" Captain Davies saved 170 slave from death on his boat because he believed in God and prayed to him every day, he...
History / Rosenberg Spies
In 1951, Julius and Ethel Rosenberg were convicted of passing information to the Union of Soviet Socialist Republics (USSR) concerning the construction of nuclear weapons. In 1953, the United...
The Russian-Japanese war of 1904 was a European conflict that was fought because one country was becoming too strong. The conflict was mainly fought because two separate countr...
Both the French and Russian revolutions occurred because of two main reasons. Both of these revolutions were the direct results of bad leadership and a bad economy. These tw...
RUSSIAN communisiunm By: mike Introduction The fall of the Communist regime in the Soviet Union was more than a political event. The powerful interaction and fusion between politics and ec...
Persian Gulf War-the Feat of the Western Countries Essay submitted by Unknown On August 2nd, 1990 Iraqi military forces invaded and occupied the small Arab state of Kuwait. The order was given b...
War, justifiable or not, is complete madness. It is hell. No matter what the cause, or what the reason is, war remains mankind"s greatest source of tragedy, the plague of mankind, and ...
Saint Fancis of Assisi Saint Francis was born in 1182, in Assisi Italy. His real name is Giovanni Francesco Bernardone, but his father wanted him to be called Francis. He received very little...
Historical Overview and Brief Analysis Amidst millenniums of debate, argument, and conflict concerning racial prejudges and those issues which surround their implementation, there has ...
History / Saratoga
The Battle of Saratoga Essay submitted by Unknown The Battle of Saratoga is considered to be the major turning point of the American Revolution. This battle proved to the world that the fledglin...
Experience with Dream Essay - Reliable and great customer service. Quality of work - High quality of work.
, ,
Dream Essay - Very reliable and great customer service. Encourage other to try their service. Writer 91463 - Provided a well written Annotated Bibliography with great deal of detail per th
, ,
it is always perfect
, ,
The experience with Dream Essay is stress free. Service is excellent and forms various forms of communication all help with customer service. Dream Essay is customer oriented. Writer 17663
, ,
Only competent & proven writers
Original writing — no plagiarism
Our papers are never resold or reused, period
Satisfaction guarantee — free unlimited revisions
Client-friendly money back guarantee
Total confidentiality & privacy
Guaranteed deadlines
Live Chat & 24/7 customer support
All academic and professional subjects
All difficulty levels
12pt Times New Roman font, double spaced, 1 inch margins
The fastest turnaround in the industry
Fully documented research — free bibliography guaranteed
Fax (additional info): 866-332-0244
Fax (additional info): 866-308-7123
Live Chat Support
Need order related assistance?—Click here to submit a inquiry
© Dreamessays.com. All Rights Reserved.
Dreamessays.com is the property of MEDIATECH LTD