The Industrial Revolution That Shaped The United States Into A Leading Econom


y
During the beginning of the twentieth century, the United States launched an enormous industrial revolution that shaped the country into the world’s leading economy.
On the day of President Roosevelt’s inauguration the depression had taken the country into economic chaos. He was forced to devise a plan that could restore the status of world power to the United States. The first step in Roosevelt’s social reform plan was to have the national resources maintained better. The next step was to secure Americans from unemployment, old age, and sickness. The last step was to clear out the slums from the large cities that were breeding grounds for crime and disease. The President had to ...

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to give loans to farmers for farm land and equipment. He also added a program for "social security" submitted by President Roosevelt and accepted bt Congress in 1935. This program included federal assisitance for states in forming old-age pensions and insurance for the unemployed. Among the Bills passed by Congress at its 1935 session were many laws touching nearly every part of domestic and foreign affairs. The rights of labor to organize freely and bargain for fair wages was reasserted in the National Labor Relations Act.
Electric utilities involved in interstate transmission of power were brought under government supervision.

In 1935 Japan had invaded China, Germany had been allowed to violate the Treaty of Versailles, and the United States was about to pass some neutrality legislation. With Europe and Asia ablaze, President Roosevelt started giving special attention to foreign affairs. The President had a speech in Chicago in 1937 and he declared that all peace-keeping ...

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"The Industrial Revolution That Shaped The United States Into A Leading Econom." Essayworld.com. October 13, 2006. Accessed September 19, 2018. http://www.essayworld.com/essays/Industrial-Revolution-Shaped-United-States-Into/53874.
"The Industrial Revolution That Shaped The United States Into A Leading Econom." Essayworld.com. October 13, 2006. Accessed September 19, 2018. http://www.essayworld.com/essays/Industrial-Revolution-Shaped-United-States-Into/53874.
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PAPER DETAILS
Added: 10/13/2006 08:53:10 PM
Category: American History
Type: Premium Paper
Words: 456
Pages: 2

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