preview

The Influence Of The New Deal On People's Lives

Decent Essays

When the New Deal was put into fruition, there was much controversy over the fact that

government would now have a greater influence on people’s lives. The New Deal was

introduced by President Franklin D. Roosevelt as a response to the Great Depression and the

downfall of the economy. This deal was intended as an experimentation for the United States to

recover the economy back to its former state, relieve unemployed workers in labor, and reform

financial institutions to prevent another depression from occurring. As history moved along, the

New Deal proved to be a failure as it did not help save the nation from the Great Depression and

created controversy amongst the American people. One such American citizen that disagreed

with the ideas and reforms of the New Deal …show more content…

In his second fireside chat, he goes on to explain that banks have

begun recovering with the help of government aid. The New Deal created banking laws to

regulate stocks. His intention for these laws were to make the American people realize that

investing their time in gambling in stocks to get rich quick was the wrong way to go about

things. He believes and stated that “the average person always loses.” The New Deal also created

the NRA, the National Recovery Administration. This administration was created to regulate

competition among businesses and eliminate the destructive monopoly aspect of them. This was

administration was also designed to help workers receive minimum wage and maximum weekly

hours, while also attempting to sell products for the maximum amounts they could be sold for.

Herbert Hoover’s views completely differed from those of President Roosevelt’s. He

believed that government should have no involvement in businesses and industries. He believed

that this would be a violation of Democracy and individual freedom protected in

Get Access