History Analyzed
History Analyzed is a podcast which investigates both history's biggest moments and best kept secrets. Your host, Mark Palmer, draws upon a history degree from the University of Notre Dame and literal decades of informal study. He explains not only what happened, but also why and how historical events occurred. At times, he examines how these events have shaped the present and continue to affect us today.
History Analyzed
The Great Depression and the New Deal
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Mark Palmer
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Season 1
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Episode 59
The Great Depression was the worst economic crisis in U.S. history. Starting in 1929 there was widespread unemployment, poverty, and closing of businesses. The economy continued to spiral downward until 1933 when Franklin Roosevelt became president. His recovery program, known as the New Deal, put millions of people to work, saved millions from homelessness and starvation, rebuilt America's infrastructure, saved capitalism, and maybe even saved democracy in the U.S.