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What were the immediate challenges facing Franklin Roosevelt in March 1933 ?
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The immediate challenge facing President Franklin Roosevelt when he took office in March of 1933 (in those days, the new president’s term started in March, not January as it does today) was the generally miserable economic situation. First, the unemployment rate was terribly high. Next, there was a general lack of confidence in the economy. This led to businesses being unwilling to hire or invest. There was, of course, a great deal of poverty in the United States at the time as well. This was something that needed (in some people’s minds) to be addressed by the federal government. It also added to the general pessimism about the economy.
Roosevelt, then, was faced by an absolutely horrible economic climate. This was his major challenge.
Posted by pohnpei397 on October 14, 2012 at 5:04 PM (Answer #1)
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