Essay about The New Deal - 1030 Words

The New Deal a) In 1933, the new president of America, Franklin D Roosevelt, introduced The New Deal. He did this because of Americas economic depression at the time. For example, many banks went bankrupt in the Wall Street Crash. This happened because, during the economic many people got involved in the stock market, especially in speculation. This was where you would buy lots of stocks with a loan, then way for them to rise slightly, and sell them off again, making a quick and easy profit. Many banks got involved in speculation, but people started to lose faith in the stock market, so everyone started to sell their shares. This meant that there were much more sellers than buyers which†¦show more content†¦Another reason for Roosevelt to introduce the new deal was because of the human cost of the economic depression. Farmers were hit worst by it, most of the farmers were unable to pay of their mortgages, and so banks came to seize their homes. Many farmers were forced to give up their work, and their homes, and had no option but to go and live on the road, trying to get work where ever, and whenever they could. Also, for some farmers that did survive, they farmed to much on their land, and the lack of water meant that the soil because infertile and useless. Roosevelt had to do something, to get the faith and support of the people of America, as Hoover had just watched the impression, saying that nothing could be done. b) The New Deal was setup, with several agencies aimed at helping different social groups. To help the farmers, there was the Agricultural Adjustment Administration, Farming Security Administration, and the Resettlement Administration. The AAA, looked at the long term problems for farming, they taught farmers ways in which they could preserve fertility in their soil, and setup quotas to push the value of farmers goods gradually upwards. In extreme cases they would even help farmers with their mortgages. The RA helped small whom the AAA hadnt helped. They moved over 500,000 famillies to better land.Show MoreRelated The New Deal1585 Words   |  7 PagesAmerica’s 32nd president. This democrat, inaugurated on March 4, 1933, won the 1932 election against Hoover by a landslide. The new president made a promise to his citizens, â€Å"I pledge you, I pledge myself, a new deal for the American people.† He reassured Americans that he would change their lives. He promised to get people back to work and back in their homes (â€Å"New Deal Timeline 1). For the hundreds of thousands of unemployed workers, FDR’s promise was helpful and true. For example, the WorksRead MoreThe New Deal997 Words   |  4 Pagesmade by nature. They are made by human beings. The New Deal was a plan that was consecrated during the mid-20th Century by President Franklin D. Roosevelt in order to ordain financial reform, direct relief and economic provision. These dispositions were able to constitute our modern foundation of our true economic stability and financial reformation, despite our nation’s current financial status due to our later United States presidents. The New Deal has been depicted as a vital approach to the nation’sRead MoreThe New Deal1023 Words   |  5 Pagesstate of affairs and a desire for a new approach on â€Å"fixing the national economic crisis† (Hurley). The new president would not let down the nation. During his first two terms in office, FDR â€Å"enforced legislation through Congress that set a n ew standard for government intervention in the economy† (wm.edu). The change he made for the nation was radical, the plan would create a lasting impact that benefitted the country for years to come. Although the New Deal did not end the Great Depression, itRead MoreProgressivism, The New Deal, And The Fair Deal1267 Words   |  6 PagesAn Overview of Progressivism, the New Deal, and the Fair Deal in the US Nameï ¼Å¡Xuan Wang Course: HIST 13C Date: 2017-08-26 The 20th century is one of the influential periods in the history of the United States. The period was characterized by the introduction of a wide range of policy frameworks with the purpose of bringing about necessary social and economic change. The government based interventions relied on the premise of ensuring that the country development was sustainable andRead MoreA New Deal A New America891 Words   |  4 Pagescommonly referred to as FDR, is without a doubt one of these leaders. FDR made new laws, put forth many ideas, and raised the public’s morale before, during, and after WWII. He affected America in such a way that he brought us out of the slum of Great Depression. Even though Franklin D. Roosevelt put America in debt, his new deal policy gave millions of Americans jobs, stimulated the economy, raised public moral, and introduced new big government tactics. He was truly the people’s president. It is trueRead MoreThe Big Deal About The New Deal916 Words   |  4 PagesThe big deal about the new deal When looking at the new deal in the 1930’s it is hard to say anything with conviction. From the start of the great depression to the war little was black and white. The reasoning you gave to the situation would probably give a clue as to where you fit in the status quo. However, this paper is about bringing to light if I think the new deal was successful or not. In my opinion yes the new deal was a success, though not entirely in the way intended. To start off IRead MoreThe New Deal Essay1253 Words   |  6 PagesThe New Deal The New Deal had three aims Relief, which was to help with unemployment, Recovery to rebuild the economy and to return USA to the 1920s economic boom. The New Deal was not a complete success, but it did prevent things from getting worse, it dealt with unemployment in a way. One of the aims of the New Deal was to provide Relief; I am going to assess the successes and failures of this aim. The role of the FERA, they were kind of a success because theyRead MoreThe Legacy Of The New Deal Essay1682 Words   |  7 Pagesthe program the New Deal, came to presidency. It was a series of social liberal programs applied in the United States in 1933-1938 in response to the Great Depression. The New Deal was focused on three main principles: relief, recovery, and reform.[footnoteRef:1] They promised to bring the country to prosperity and economically stable future. However, the Conservatives criticized the New Deal during the whole period of the reforms. It was expressed by Herbert Hoover in Anti-New Deal Campaign SpeechRead MoreThe New Deal: DBQ1337 Words   |  6 Pagescrashed, heralding the tumble into world-wide depression. President Hoover tried to pacify the people by telling them it was temporary and would pass over. But a new figure rose out of the people, promising he would do anything and everything he could to restore their lives. In 1932, Franklin D. Roosevelt was elected to the presi dency, and his new policies would soon sweep over the country. Roosevelts responses to the problems of the Great Depression were successful in strengthening the power of the federalRead MoreOutline Of A New Deal872 Words   |  4 PagesI will introduce the New Deal. I will identify it, discuss the important background circumstances for it, and assess the historical significance. The  New Deal  was a series of  social and economic programs enacted in the United States to fix the depression When Franklin D. Roosevelt became president in 1933. The New Deal had two period that was the First New Deal which was from1933 to 1934 and the Second New Deal which was from 1935 to 1938. Moreover, the New Deal had three main cores: Relief, Recovery