Friday, May 22, 2020

The Most Significant Aspect of Roosevelt’s Presidency and...

The Most Significant Aspect of Roosevelt’s Presidency and the New Deal In this essay I shall first of all weigh up all the different aspect’s of Roosevelt’s Presidency and the New Deal and finally come about a conclusion as to what was the most significant aspect. However I am going to begin by looking at how his government was different to that of his predecessors, then I shall look at the immediate affects of hi government, then what other changes influenced his government and finally what long term affects his government had. In this section I shall look at the difference between Roosevelt’s style of governing as opposed to the Republic government that came before him. I shall first look at†¦show more content†¦So Roosevelt knew that something had to change, and that was the previous ideas of â€Å"Laissez-Faire† were clearly not working. Roosevelt changed this and began to use a policy of â€Å"Interventionism†. This meant that Roosevelt and his government would become more involved in how the economy grew and they could intervene to change the direction of the economy at any time. They wouldn’t leave it to late like their predecessors. Roosevelt was using the ideas of an English man named John Maynard Kaynes. Roosevelt could control by seeing when the economy had grown enough and when it had he could increase taxes and cut government spending to recuperate their loses, lost by building up the economy. But if the economy begins to fall he would lower taxes to boost the economy, as increasing taxes when the public are in a dire state only makes the situation worse by depriving them of what money they have. Although a lot of the government’s ideas were new and different some were only slightly different. For Example mass production the government had no hand in this; this was down to the factories. A lot of the government’s ideas stayed pretty much the same though. 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