Impact Of New Deal On The
New Deal is a program created by Franklin Delano Roosevelt during the Great Depression to counteract various effects of it. New Deal created many agencies and legislation to help the United States pull itself out of the Great Depression. Some of these agencies have tremendous effect even today.
When Roosevelt was elected as the president, he faced many problems such as banking failure and unemployment. Almost immediately, he called on Congress and began what is known as Hundred Days Congress. During this period of time, many legislation was passed to help banks recover, create jobs for the unemployed, and set up many agencies to help these causes. National Recovery Administration and ...
Want to read the rest of this paper?
Join Essayworld today to view this entire essay
and over 50,000 other term papers
|
a vast impoverished region. This agency was heavily criticized, although it did provide jobs for the unemployed and once completed, it would supply cheap source of electricity. The New Deal shifted more toward reform in 1935-1936. New Deal during this time is known as the second New Deal. Major second New Deal measures included Social Security Act, National Housing Act which created Federal Housing Administration, and Works Progress Administration. "...between 1935-1941 the WPA employed an annual average of 2,100,000 workers, including artists and writers, who built or improved schools, hospitals, airports, and other facilities by the tens of thousands" (Mortimer, p115). However even the great New Deal had to end sometime. Culmination of the New Deal was triggered by "court packing" of Roosevelt. The Supreme Court was very conservative at the time and was declaring many New Deal laws unconstitutional. Roosevelt tried to neutralize the court by proposing to the Congress to ...
Get instant access to over 50,000 essays.
Write better papers. Get better grades.
Already a member? Login
|
surpluses under Roosevelt than under Hoover. Also the national debt had skyrocketed from the already enormous figure of $19,000,000,000 in 1932 to $40,440,000,000 by 1939. This is an outrageous spending considering the nation was going through economic troubles. "Despite some $20,000,000,000 poured out in six years of deficit spending and lending, of leaf raking and pump priming, the gap was not closed between production and consumption" (Parrish, p195). After all that trouble to get consumption to match the production, New Deal really didn't do much to close the gap. There were still overproduction of goods and not enough consumption to match the productions.
New Deal also became ...
Succeed in your coursework without stepping into a library.
Get access to a growing library of notes, book reports,
and research papers in 2 minutes or less.
|
CITE THIS PAGE:
Impact Of New Deal On The. (2005, April 18). Retrieved November 18, 2024, from http://www.essayworld.com/essays/Impact-Of-New-Deal-On-The/25578
"Impact Of New Deal On The." Essayworld.com. Essayworld.com, 18 Apr. 2005. Web. 18 Nov. 2024. <http://www.essayworld.com/essays/Impact-Of-New-Deal-On-The/25578>
"Impact Of New Deal On The." Essayworld.com. April 18, 2005. Accessed November 18, 2024. http://www.essayworld.com/essays/Impact-Of-New-Deal-On-The/25578.
"Impact Of New Deal On The." Essayworld.com. April 18, 2005. Accessed November 18, 2024. http://www.essayworld.com/essays/Impact-Of-New-Deal-On-The/25578.
|
Save
Report