New Deal Three R's

Decent Essays

Roosevelt’s New Deal was explained in terms of three R’s (Relief, Reform, Recovery). Roosevelt had felt that the way to recovery was to stimulate demand for goods in one of his R’s, Relief. He differed from the idea of giving money to the public or citizens. He thought putting the money instead into consumers hands would increase their spending and inevitably increase demand. He thought that this would instead help or at least put to light the mass unemployment.

As well as Relief in his New Deal, Roosevelt had Reform. Reform was the ‘jump start’ on the road of restarting the flow of consumer demand and production in general. These were aimed at fixing the economy so that that great depression would not be able to happen again. This was made

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