Great Depression in the United States in the context of Recession of 1937–1938

The New Deal was a series of wide-reaching economic, social, and political reforms enacted by President Franklin D. Roosevelt in the United States between 1933 and 1938, in response to the Great Depression, which had started in 1929. Roosevelt introduced the phrase upon accepting the Democratic Party's presidential nomination in 1932 before winning the election in a landslide over incumbent Herbert Hoover, whose administration was viewed by many as doing too little to help those affected. Roosevelt believed that the depression was caused by inherent market instability and too little demand per the Keynesian model of economics and that massive government intervention was necessary to stabilize and rationalize the economy.

During Roosevelt's first hundred days in office in 1933 until 1935, FDR introduced what historians refer to as the "First New Deal", which focused on the "3 R's": relief for the unemployed and for the poor, recovery of the economy back to normal levels, and reforms of the financial system to prevent a repeat depression. Roosevelt signed the Emergency Banking Act, which authorized the Federal Reserve to insure deposits to restore confidence, and the 1933 Banking Act made this permanent with the Federal Deposit Insurance Corporation (FDIC). Other laws created the National Recovery Administration (NRA), which allowed industries to create "codes of fair competition"; the Securities and Exchange Commission (SEC), which protected investors from abusive stock market practices; and the Agricultural Adjustment Administration (AAA), which raised rural incomes by controlling production. Public works were undertaken in order to find jobs for the unemployed (25 percent of the workforce when Roosevelt took office): the Civilian Conservation Corps (CCC) enlisted young men for manual labor on government land, and the Tennessee Valley Authority (TVA) promoted electricity generation and other forms of economic development in the drainage basin of the Tennessee River.

The first term of the presidency of Franklin D. Roosevelt began on March 4, 1933, when he was inaugurated as the 32nd president of the United States, and the second term of his presidency ended on January 20, 1941, with his inauguration to a third term. Roosevelt, the Democratic governor of New York, took office after defeating incumbent president Herbert Hoover, his Republican opponent in the 1932 presidential election. Roosevelt led the implementation of the New Deal, a series of programs designed to provide relief, recovery, and reform to Americans and the American economy during the Great Depression. He also presided over a realignment that made his New Deal Coalition of labor unions, big city machines, white ethnics, African Americans, and rural white Southerners dominant in national politics until the 1960s and defined modern American liberalism.

During his first hundred days in office, Roosevelt spearheaded unprecedented major legislation and issued a profusion of executive orders. The Emergency Banking Act helped put an end to a run on banks, while the 1933 Banking Act and the Securities Exchange Act of 1934 provided major reforms in the financial sector. To provide relief to unemployed workers, Roosevelt presided over the establishment of several agencies, including the Civilian Conservation Corps, the Public Works Administration, and the Federal Emergency Relief Administration. The Roosevelt administration established the Agricultural Adjustment Administration to implement new policies designed to prevent agricultural overproduction. It also established several agencies, most notably the National Recovery Administration, to reform the industrial sector, though it lasted only two years.

The Works Progress Administration (WPA; from 1935 to 1939, then known as the Work Projects Administration from 1939 to 1943) was an American New Deal agency that employed millions of jobseekers (mostly men who were not formally educated) to carry out public works projects, including the construction of public buildings and roads. It was set up on May 6, 1935, by presidential order, as a key part of the Second New Deal.

The WPA's first appropriation in 1935 was $4.9 billion (about $15 per person in the U.S., around 6.7 percent of the 1935 GDP). Headed by Harry Hopkins, the WPA supplied paid jobs to the unemployed during the Great Depression in the United States, while building up the public infrastructure of the US, such as parks, schools, roads, and drains. Most of the jobs were in construction, building more than 620,000 miles (1,000,000 km) of streets and over 10,000 bridges, in addition to many airports and much housing. In 1942, the WPA played a key role in both building and staffing internment camps to incarcerate Japanese Americans.

Modern liberalism, often referred to simply as liberalism, is the dominant ideological variant of liberalism in the United States. It is most synonymous with the ideology of social liberalism, which is a variant of liberalism that moves beyond classical liberalism to account for poverty, seeking a balance between civil liberty and social equality via a social safety net. U.S. modern liberalism also takes inspiration from cultural liberalism and progressivism, and some (but not all) modern liberals explicitly identify with the contemporary U.S. progressive movement. Writing in 1993, American academic writer Ian Adams argued all major U.S. parties up to that point were "liberal and always have been. Essentially they espouse classical liberalism, that is a form of democratized Whig constitutionalism plus the free market. The point of difference comes with the influence of social liberalism."

Economically, modern liberalism accepts a role for government to protect against market failures, protect competition and prevent corporate monopolies, and supports labor rights. Its fiscal policy supports sufficient funding for a social safety net, while simultaneously promoting income-proportional tax reform policies to reduce deficits. It calls for active government involvement in other social and economic matters such as reducing economic inequality, expanding access to education and healthcare, and protection of the shared natural environment, in large part on the contention that advances in those areas create a thriving economy in the long run. Modern liberalism was formed in the 20th century in response to the Great Depression. Major examples of modern liberal policy programs include the New Deal, the Fair Deal, the New Frontier, the Great Society, the Affordable Care Act, and the Build Back Better Plan.

The Civilian Conservation Corps (CCC) was a voluntary government work relief program that ran from 1933 to 1942 in the United States for unemployed, unmarried men ages 18–25 and eventually expanded to ages 17–28. The CCC was a major part of President Franklin D. Roosevelt's New Deal that supplied manual labor jobs related to the conservation and development of natural resources in rural lands owned by federal, state, and local governments. The CCC was designed to supply jobs for young men and to relieve families who had difficulty finding jobs during the Great Depression in the United States. There was a smaller counterpart program for unemployed women called the She-She-She Camps, which were championed by Eleanor Roosevelt.

Robert Fechner was the first director of this agency, succeeded by James McEntee following Fechner's death. The largest enrollment at any one time was 300,000. Through the course of its nine years in operation, three million young men took part in the CCC, which provided them with shelter, clothing, and food, together with a monthly wage of $30 (equivalent to $729 in 2024), $25 of which (equivalent to $607 in 2024) had to be sent home to their families.

The Texas oil boom, sometimes called the gusher age, was a period of dramatic change and economic growth in the U.S. state of Texas during the early 20th century that began with the discovery of a large petroleum reserve near Beaumont, Texas. The find was unprecedented anywhere in its size and ushered in an age of rapid regional development and industrialization that has few parallels in U.S. history. Texas quickly became one of the leading oil-producing states in the U.S., along with Oklahoma and California; soon the nation overtook the Russian Empire as the top producer of petroleum. By 1940 Texas had come to dominate U.S. production. Some historians even define the beginning of the world's Oil Age as the beginning of this era in Texas.

The major petroleum strikes that began the rapid growth in petroleum exploration and speculation occurred in Southeast Texas, but soon reserves were found across Texas and wells were constructed in North Texas, East Texas, and the Permian Basin in West Texas. Although limited reserves of oil had been struck during the 19th century, the strike at Spindletop near Beaumont in 1901 gained national attention, spurring exploration and development that continued through the 1920s and beyond. Spindletop and the Joiner strike in East Texas, at the outset of the Great Depression, were the key strikes that launched this era of change in the state.

The American folk music revival began during the 1940s and peaked in popularity in the mid-1960s. Early folk music performers include Woody Guthrie, Lead Belly, Pete Seeger, Richard Dyer-Bennet, Oscar Brand, Jean Ritchie, John Jacob Niles, Susan Reed, Mississippi John Hurt, Josh White, and Cisco Houston. Lead Belly recorded "Cotton Fields" and "Goodnight, Irene" and folk singer Odetta released folk albums.

New folk musicians such as Bob Dylan, Joan Baez, Judy Collins, Joni Mitchell, Phil Ochs, Peter Paul & Mary and many others recorded folk songs and new compositions in the folk style in the 1960s and 1970s. The revival also brought forward strains of American folk music that had in earlier times contributed to the development of country and western, bluegrass, blues, and rock and roll music.

The Texas Centennial Exposition was a world's fair presented from June 6 to November 29, 1936, at Fair Park, Dallas, Texas. A celebration of the 100th anniversary of Texas's independence from Mexico in 1836, it also celebrated Texas and Western American culture. More than 50 buildings were constructed for the exposition, and many remain today as notable examples of Art Deco architecture. Attracting more than six million people including US President Franklin Roosevelt, the exposition was credited with buffering Dallas from the Great Depression.

The Public Works Administration (PWA), part of the New Deal of 1933, was a large-scale public works construction agency in the United States headed by Secretary of the Interior Harold L. Ickes. It was created by the National Industrial Recovery Act in June 1933 in response to the Great Depression. It built large-scale public works such as dams, bridges, hospitals, and schools. Its goals were to spend $3.3 billion in the first year, and $6 billion in all, to supply employment, stabilize buying power, and help revive the economy. Most of the spending came in two waves, one in 1933–1935 and another in 1938. Originally called the Federal Emergency Administration of Public Works, it was renamed the Public Works Administration in 1935 and shut down in 1944.

The PWA spent over $7 billion on contracts with private construction firms that did the actual work. It created an infrastructure that generated national and local pride in the 1930s and is still vital nine decades later. The PWA was much less controversial than its rival agency, the Works Progress Administration (WPA), headed by Harry Hopkins, which focused on smaller projects and hired unemployed unskilled workers.

Presidential elections were held in the United States on November 5, 1940. The Democratic ticket of incumbent President Franklin D. Roosevelt and Secretary of Agriculture Henry Wallace defeated the Republican ticket of businessman Wendell Willkie and senator Charles McNary to be reelected for an unprecedented third term in office. Until 1988, this was the last time in which the incumbent's party won three consecutive presidential elections. It was also the fourth presidential election in which both major party candidates were registered in the same home state; the others have been in 1860, 1904, 1920, 1944, and 2016.

The election was contested in the shadow of World War II in Europe, as the United States was finally emerging from the Great Depression. Roosevelt did not want to campaign for a third term initially, but was driven by worsening conditions in Europe. He and his allies sought to defuse challenges from other party leaders such as James Farley and Vice President John Nance Garner. The 1940 Democratic National Convention re-nominated Roosevelt on the first ballot, while Garner was replaced on the ticket by Secretary of Agriculture Henry A. Wallace. Willkie, a dark horse candidate, unexpectedly defeated conservative Senator Robert A. Taft and Manhattan District Attorney Thomas E. Dewey on the sixth presidential ballot of the 1940 Republican National Convention.

The alphabet agencies, or New Deal agencies, were the U.S. federal government agencies created as part of the New Deal of President Franklin D. Roosevelt. The earliest agencies were created to combat the Great Depression in the United States and were established during Roosevelt's first 100 days in office in 1933. In total, at least 69 offices were created during Roosevelt's terms of office as part of the New Deal. Some alphabet agencies were established by Congress, such as the Tennessee Valley Authority. Others were established through Roosevelt executive orders, such as the Works Progress Administration and the Office of Censorship, or were part of larger programs such as the many that belonged to the Works Progress Administration. Some of the agencies still exist today, while others have merged with other departments and agencies or were abolished.

The agencies were sometimes referred to as alphabet soup. Libertarian author William Safire notes that the phrase "gave color to the charge of excessive bureaucracy." Democrat Al Smith, who turned against Roosevelt, said his government was "submerged in a bowl of alphabet soup." "Even the Comptroller-General of the United States, who audits the government's accounts, declared he had never heard of some of them." While previously all monetary appropriations had been separately passed by Act of Congress, as part of their power of the purse; the National Industrial Recovery Act allowed Roosevelt to allocate $3.3 billion without Congress (as much as had been previously spent by government in ten years time), through executive orders and other means. These powers were used to create many of the alphabet agencies. Other laws were passed allowing the new bureaus to pass their own directives within a wide sphere of authority. Even though the National Industrial Recovery Act was found to be unconstitutional, many of the agencies created under it remained.

Knoxville is a city in Knox County, Tennessee, United States, and its county seat. Located on the Tennessee River within the Appalachian Mountains, it is the largest city in the Grand Division of East Tennessee. Knoxville had a population of 190,740 at the 2020 census, making it the third-most populous city in Tennessee. The Knoxville metropolitan area has an estimated 958,000 residents.

Settled in 1786, Knoxville was the first capital of Tennessee. The city struggled with geographic isolation throughout the early 19th century before the arrival of the railroad in 1855 led to an economic boom. The city was bitterly divided over the issue of secession during the American Civil War and was occupied alternately by the Confederate and Union armies, which culminated in the Battle of Fort Sanders in 1863. Following the war, Knoxville grew rapidly and became a major wholesaling and manufacturing center until the 1920s when the city's economy began to stagnate. During the Great Depression, Knoxville's manufacturing sector collapsed, the downtown area declined, and city leaders became entrenched in highly partisan political fights. Hosting the 1982 World's Fair helped reinvigorate the city, and revitalization initiatives by city leaders and private developers have spurred growth in the city, especially downtown.

East Tennessee is one of the three Grand Divisions of Tennessee defined in state law. Geographically and socioculturally distinct, it comprises approximately the eastern third of the U.S. state of Tennessee. East Tennessee consists of 33 counties, 30 located within the Eastern Time Zone and three counties in the Central Time Zone, namely Bledsoe, Cumberland, and Marion. East Tennessee is entirely located within the Appalachian Mountains, although the landforms range from densely forested 6,000-foot (1,800 m) mountains to broad river valleys. The region contains the major cities of Knoxville and Chattanooga, Tennessee's third and fourth largest cities, respectively, and the Tri-Cities, the state's sixth largest population center.

During the American Civil War, many East Tennesseans remained loyal to the Union even as the state seceded and joined the Confederacy. Early in the war, Unionist delegates unsuccessfully attempted to split East Tennessee into a separate state that would remain as part of the Union. After the war, a number of industrial operations were established in cities in the region. The Tennessee Valley Authority (TVA), created by Congress during the Great Depression in the 1930s, spurred economic development and helped to modernize the region's economy and society. The TVA would become the nation's largest public utility provider. Today, the TVA's administrative operations are headquartered in Knoxville, and its power operations are based in Chattanooga. Oak Ridge was the site of the world's first successful uranium enrichment operations, which were used to construct the world's first atomic bombs, two of which were dropped on Imperial Japan at the end of World War II. The Appalachian Regional Commission further transformed the region in the late 20th century.

Fleischer Studios (/ˈflaɪʃər/) was an American animation studio founded in 1929 by brothers Max and Dave Fleischer, who ran the pioneering company from its inception until its acquisition by Paramount Pictures in 1942, the parent company and the distributor of its films. In its prime, Fleischer Studios was a premier producer of animated cartoons for theaters, with Walt Disney Productions being its chief competitor in the 1930s.

Fleischer Studios included Out of the Inkwell and Talkartoons characters like, Koko the Clown, Betty Boop, Bimbo, Popeye the Sailor, and Superman. Unlike other studios, whose characters were anthropomorphic animals, the Fleischers' most successful characters were humans (with the exception of Bimbo, a black-and-white cartoon dog, and Betty Boop, who started off as an anthropomorphized dog, but evolved into a human). The cartoons of the Fleischer Studio were very different from those of Disney, both in concept and in execution. As a result, they were rough rather than refined and consciously artistic rather than commercial, but in their unique way, their artistry was expressed through a culmination of the arts and sciences. This approach focused on surrealism, dark humor, adult psychological elements, and sexuality. Furthermore, the environments were grittier and urban, often set in squalid surroundings, reflecting the Great Depression as well as German Expressionism.

The Social Security Act of 1935 is a law enacted by the 74th United States Congress and signed into law by U.S. President Franklin D. Roosevelt on August 14, 1935. The law created the Social Security program as well as insurance against unemployment. The law was part of Roosevelt's New Deal domestic program.

By 1930, the United States was one of the few industrialized countries without any national social security system. Amid the Great Depression, the physician Francis Townsend galvanized support behind a proposal to issue direct payments to older people. Responding to that movement, Roosevelt organized a committee led by Secretary of Labor Frances Perkins to develop a major social welfare program proposal. Roosevelt presented the plan in early 1935 and signed the Social Security Act into law on August 14, 1935. The Supreme Court upheld the act in two major cases decided in 1937.

The Farm Security Administration (FSA) was a New Deal agency created in 1937 to combat rural poverty during the Great Depression in the United States. It succeeded the Resettlement Administration (1935–1937).

The FSA is famous for its small but highly influential photography program, 1935–1944, that portrayed the challenges of rural poverty. The photographs in the Farm Security Administration/Office of War Information (FSA/OWI) Photograph Collection form an extensive pictorial record of American life between 1935 and 1944. This U.S. government photography project was headed for most of its existence by Roy Stryker, who guided the effort in a succession of government agencies: the Resettlement Administration (1935–1937), the Farm Security Administration (1937–1942), and the Office of War Information (1942–1944). The collection also includes photographs acquired from other governmental and nongovernmental sources, including the News Bureau at the Offices of Emergency Management (OEM), various branches of the military, and industrial corporations.