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The Changing Economy 18651939

social, economic and political organization should be put to an end. Between 1865 and 1939 most of the Presidents had large political influences on the country. As this time period in 1865 was beginning, Lincoln was assassinated and Andrew Johnson became President. Johnson made an attempt at getting political leadership over Congress but failed and was later impeached. Ulysses S. Grant became the next President and the country was then under congressional control. Up until 1985 when Chester Arthur was President the country had fairly tight Presidential leadership. The only true case of Presidents showing Individualist values was at the beginning of the Great Depression under Herbert Hoover. During the Depression Hoover thought the economy would straighten itself out without government intervention. The nation then realized this mentality was not working and Hoover was defeated to Franklin Roosevelt in 1932. Roosevelt was all for government intervention and created the New Deal which would be designed to provide government support to those struggling. From FDR the country adopted a new concept of economic and social regulation from the government. By the early 1940's the economy, under Roosevelt’s Democratic control, was back to the same standards as before the depression.Between 1865 and 1939 not all Americans accepted big business dominance. In the beginning of this era most of Americans were farmers or small business owners. When corporations began and monopolies formed many Americans put up resistance organizing labor unions and going on strike. The Knights of Labor and the American Federation of Labor were founded to fight big business, and this led to a large number of labor strikes. The rich were getting richer and the poor were dying out because of big business, so the only ones really happy with this situation were the business owners. Farmers eventually were losing too much money and had no choice but to m...

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