President Franklin D. Roosevelt, once elected president, feels that the Great Depression should be faced by increasing government intervention in the economy. This is evident from his "New Deal" policies. The New Deal was FDR's plan to help the American economy recover from the Great Depression.
This New Deal included the creation of several different federal agencies (also known as the alphabet soup agencies). Some of the most famous agencies created include:
a) Securities and Exchange Commission- helps to regulate the stock market and investigate fraud/insider trading.
b) Federal Deposit Insurance Corporation- this ensures that individuals will not lose their life savings in the case of another economic depression.
c) Social Security Act- this law helps to give direct financial assistance to elderly citizens and mothers with children who are dependents.
All three of these structures still exist in today's society.
The years between 1861 and 1865 were the most tumultuous five-year span in Louisiana history. During this period, Louisiana seceded from the United States, sent thousands of Confederate soldiers out of state, witnessed Union invasion and occupation, and saw the emancipation of more than 300,000 slaves. While people’s experience in the war varied depending on the parish they lived in, their race, and their wealth, all would agree that this event changed their lives and the course of the state’s history forever.
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