Smitkumar Patel
US History – 2
Professor Ojserkis
1 May 2017
To what extent was the New Deal a success? What were its successes and failures? The new deal was many programs issued by the US government to help the economy after the stock market crash of 1929. The new deal was issued because of the great depression and the new deal was a way to get out of the great depression. The great depression began in August 1929 and it lasted for about 10 years. “The Great Depression lasted from 1929 to 1939, and was the worst economic downturn in the history of the industrialized world.” (History.com) The Great Depression caused many issues in the US such as job losses. The president during the great depression was President Herbert Hoover and he was
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“One if four Americans was out of work by 1933” (Livingnewdeal.org). A huge amount of the US population was unemployed and to change that President Roosevelt had to do something. In his new deal president Roosevelt created many jobs. What the new deal did was it created many different agencies to provide work for millions of unemployed workers and paid wages which saved many families. There were many agencies such as the American Federation of Labor (AFL) and The Public Works Administration (PWA), and Work Progress Administration (WPA) which gave work to 3 million people. The new deal also helped recover the economy by stabilizing the banks and cleaning up the mess from the stock market crash of 1929. “Roosevelt sought to reform the financial system, creating the Federal Deposit Insurance Corporation (FDIC) to protect depositors accounts and the securities and exchange commission (SEC) to regulate the stock market and prevent abuse of the kind that led to the 1929 crash” (History.com). Not only did Roosevelt make agencies to help create jobs there was also many agencies created to help the financial system and to regulate the stock market so that something like the great depression does not happen again. This shows that the new deal was successful because it was able to give many jobs to unemployed Americans and fix the stock market and the financial system and many
Despite the fact, some people argue the New Deal was not successful because it was very discriminatory at some points. The New Deal was successful because in general, society had regained comfort with the government and the security of their lives through job opportunities, the health of people, and an improved
Franklin D Roosevelt jumped into action to save the economy the 1930s. In Doc A, he said “we are giving opportunity of employment to one-quarter of a million of the unemployed, especially the young men…” (Doc A). This shows that the New Deal created jobs so people could get paid and ended the Depression. In Doc E, it shows that in 1937, the unemployment rate had increased down to 9.1% compared to the 22.5% it was before FDR took office (Doc E). This shows that the New Deal succeeded in providing work. Besides providing jobs, the New Deal gave Americans faith in their government.
The Great Depression was that the stock market crashed and the banks failed on October 29, 1929; plunging the country into a severe economic downturn. The two long-term causes of the Great Depression were that coal lost 50 percent to hydroelectric, natural gas, and oil and there were no loans and credit. Workers started to lose jobs and could not expand business. In 1928 Hoover was elected and believed in voluntary cooperation, rugged individualism, and the economy would cycle through this downturn. This prolonged the depression by the government not doing anything. In 1933 FDR was elected president and he came up with the New Deal which was aiming to restore some measure of dignity and prosperity to many Americans. The New Deal was a success
I think that the New Deal was a huge success. In the 1930s it was an unsure time. People were losing their jobs. The banks we losing money and the people as well. When FDR was elected President the first things that he did was set up the New Deal. The New Deal did a lot of things for the country. Some of it was just a temporary fix, but some the acts that was put it back then are still used today. The New Deal helped to create jobs, money and put restrictions on the banks.
The New Deal was a success in many ways. First, it created multiple jobs for struggling families. This article states, “The New Deal itself created millions of jobs and sponsored public work projects that reached most every country in the nation”. (“An Evolution of the New Deal”). Families had a hard time finding jobs so when they were given to them, it made a major difference in their home life.
The New Deal was there to help them make it through the depression and it did. Most of the Americans who lost their jobs were able to find new ones and keep providing for their families. Even when they couldn’t provide, the WPA helped give their children the food that they needed. Our government even helped the Native-American tribes with their businesses so they could have enough money. The New Deal lowered the country’s unemployment rate, helped children get food that they needed, and provided money to keep the Native-American tribes from dying out. Overall, the depression brought a horrible decade into the United States, but with the help of Roosevelt and his brilliant New Deal, we got out ok. The New Deal was a very important part of American history, even world history. People need to learn about this so it doesn’t repeat itself. The Great Depression affected the entire world and many people lost their jobs and homes. People during this time would have rather died than live through the depression. It is important to know how bad people had it during this time and how Roosevelt and the New Deal fixed it for many
The New Deal was good because it provided Americans with hope, jobs, and government assistance during a time when American citizens could not help themselves. The Great Depression caused the US to fall apart economically, and the New Deal was put in place to try to fix the economy. President Roosevelt thought this was the best way to fix the economy, and it was. But that doesn’t mean it was perfect. It also doesn’t mean it worked. While many good things came from the New Deal, many bad things came out as well. But the good outweighed the bad, and the New Deal began the journey out of the Great Depression.
After president Hoover’s failed attempts to fix the problem It was up to FDR to take a more hands on approach with the New Deal. FDR’s New Deal was a successful way of handling the depression which provided the nation with some relief by directly helping the needy, accelerating the economy’s healing cycle and restoring the faith and confidence of the American people. When millions of americans had lost their jobs/ money something needed to be done.
During the Great Depression Franklin Roosevelt enacted the “New Deal”, which was a series of government programs that helped the american people, this New Deal was the best thing that could have been done to help the American people who were struggling during the Great Depression, thus making it a good deal. The New Deal worked wonders in the US in terms of fixing the damage done during the Great Depression. This along with WW2 brought the US out of the worst economic depression that the country had ever faced. Despite the tragedies and the hardships that our nation was facing, The WPA, social security, and the AAA(agricultural adjustment act) helped this mighty nation persevere and remain unmoved by such a tragedy.
The New Deal was something that was supposed to help citizens of the U.S get jobs so they could care for their family. During the Great depression and Dust Bowl many people lost their jobs and most people were now poor. The New Deal started in 1933 and gave some Americans jobs. The New Deal was a failure because it was racist towards African Americans and poverty continued throughout the U.S.A.
The New Deal was both a success and a failure. It was a success in the way that the programs brought hope to Americans as well as relief in these difficult times, but it was a failure in the fact these programs didn't fully bring relief to America and how these programs discriminated against groups such as African Americans. Roosevelt's New Deal plans provided much relief through hope given by programs like the AAA, FHA and many others. "Just knowin' that for once there was a man to stand up and speak for him, a man that could make what he felt so plain nobody could doubt he meant it, has made us feel a lot better even when there wasn't much to eat in our homes." An excerpt from document C which shows the ways these plans and ideas from Roosevelt gave the average man hope for the coming future, even when they were at a very low point for the country.
Franklin D. Roosevelt’s New Deal programs were a weak response for severe consequences that resulted from the Great Depression, and other conflicts that were occurring in the 1930’s. Although the New Deal programs positively revamped the political system and helped unemployed citizens get jobs, it challenged the order of the Executive Branch of the Federal government, gave false hope to the unemployed, and crushed the spirits of people of color and immigrants with its discriminatory views.
As soon as Franklin Roosevelt came to power, he was quick to react to the countries needs. The text states, “Swift legislation regulated the stock market and the banking system, improved the agricultural economy, and introduced a social security program” (“Great Depression”). Franklin Roosevelt was swift in recognizing the problems facing the country and attempted to solve the issues. His legislation focused on securing the economy and beginning to built back up the trust between the government and the American people. It was successful, to an extent. People did begin to trust the government again but economic decline would not stop immediately. There were signs of progress; From 1933 to 1938 the economy experienced growth. Unemployment fell and national income increased (Jeffries). This statistic shows that New Deal reforms had some positive impact on the economy. They also succeeded in restoring confidence to the average person which was extremely important at the time. This statistic does not, however, reflect that this growth was very small relative to the growth experienced during World War II. New Deal policies failed to ever achieve enough economic growth to push the nation out of the depression. Another cornerstone of the New Deal was its campaign to make life more safe. The New Deal worked to make life less risky, and in a sense it did through acts
The Great Depression, which struck America in the early 1930’s, remains the longest financial depression America has ever seen. When Franklin D. Roosevelt was elected president in 1933, his main goal was very clear, cease The Great Depression. To accomplish this FDR, which was a name for Franklin D. Roosevelt, made his New Deal, which was a group of programs created to fight the depression. Some programs in the New Deal included the Civilian Conservation Corps, the Agriculture Adjustment Administration, the National Industrial Recovery Act, the Federal Deposit Insurance Corp, and the Works Progress Administration. All these programs were intended to help American citizens but many were later declared unconstitutional. FDR’s New Deal was a failure
Roosevelt created the New Deal. Roosevelt, former Progressive, want to radically reform Industrial Capitalism. The New Deal was Roosevelt economic policy to help fix the economy and fix the problems of Industrial Capitalism. Like the Progressives, the New Deal wanted Government to have more control over the economy .The New Deal adopted a “deficit spending” type of economy; this wanted the government to have more control over America’s money. To help stabilize the economy the New Deal created the monetary reform. This end the gold standard created and gave the government more control over the economy. The Mellon Plan created during the Roaring twenties was destroyed, giving the government more money. The New Deal was also able to created more jobs for people in America. The Civilian Conservation Corps and the Works Progress Administration help to employ more people. Also the legalizing of unions help to improve work conditions for the workers. Even though The New Deal was effective at helping workers by creating more jobs and stabilized the monetary system, Industrial Capitalism still had