Thursday, June 18, 2009

Biography of Franklin D. Roosevelt

Franklin D. Roosevelt, the 32nd President of the United States, is recognized for leading the United States out of the Great Depression. He is known for his social legislations which helped improve the lives of the American people. The principles behind the legislations Franklin D. Roosevelt helped passed are still being used today not only in the United States but in other countries as well. Franklin D. Roosevelt is also considered by many historians as the “second greatest president.”

During the Great Depression, the economic situation in the United States was bad. Factories closed down. Foreclosures were frequent. The unemployment rate soared at 16.3%. Banks also declared bank holidays causing more panic. But Franklin D. Roosevelt assured the public that there is nothing to fear except fear itself.

Upon assumption to office, Franklin D. Roosevelt immediately started to work and prepared a plan to fight the Great Depression together with his advisors. Franklin D. Roosevelt made sure that legislations will be passed that will address this problem every before the start of the regular session of Congress. Consequently, Franklin D. Roosevelt was instrumental in the enactment of a number of legislations during his first 100 days as President.

One of these legislations is the New Deal Legislation which was passed in response to the problems brought about by the Great Depression. Its focused was on relief, recovery and reform to help lessen the impact of the Great Depression. The goal of the New Deal legislation was to give relief to the unemployed, to reform and improve business and financial practices and to promote recovery of the economy during the Great Depression.

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