The New Deal : A Deal For Economic Recovery?

The United States encountered many ordeals during the Great Depression (1929-1939). Poverty, unemployment and despair clouded the “American Dream” and intensified the urgency for solutions to address and control the nationwide damage. President Franklin Roosevelt proposed the New Deal to detoxify the nation of its suffering. It can be argued that the New Deal was ineffective due to the inability to end the Great Depression with its short-term solutions and created more problems, however; it was successful in regards to providing direct relief for the needy, economic recovery and some structural reform for the majority of the general public in the severity of the Great Depression.

Reform and reconstruction were represented by new regulations and monetary policies, it stressed the importance of change to make understanding principles of, “justice and fairness by those in whom leadership was placed,” and to correct conditions in the economy. (Bolden, 48). Other goals that the New Deal was set to accomplish were: helping the banking industry recover from its failure after the stock market crashed, lowering the unemployment rate from a record high of twenty five percent in 1932, and to restore the hope and confidence of the public. (Appleby, Roosevelt’s New Deal went about all of these in a similar means, but it was condemned and criticized by many for some of the programs that were installed.

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.

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

Preceding the Great Depression, the United States went through a glorious age of prosperity, with a booming market, social changes, and urbanization; America was changing. At the end of the 1920’s and well through the 1930’s, America was faced with its greatest challenge yet; the 1929 stock market crash. It would be the end of the prosperity of the “Roaring Twenties”. Now the American government and its citizens were faced with a failing economy. President Herbert Hoover was clueless to how to approach the problem. Hoover believed that government works best when it governs less, and should not intervene in the economy. Traditionally, he stayed out the issue hoping that the economy would fix itself; it didn’t. Hoover’s inaction makes his presidency look ineffective as if he caused the Great Depression. Franklin Delano Roosevelt (FDR) succeeded Hoover as president. Like Hoover, FDR didn’t know exactly how to help the economy. Unlike Hoover, FDR introduced experimental ideas and programs to help solve the issue. These ideas and programs would become a part of Roosevelt 's policies known as the New Deal which sought to fix America’s economic struggles. Despite short term successes, the New Deal implemented during the 1930 's by FDR did not lift the United States out of the Great Depression. Instead by intervening in the economy, and creating huge debt, the New Deal prolonged the Great Depression.

Thesis: The New deals legislation has played a very integral part in helping recovery effort during the great depression because it led to a greater employment, and restored the security in the American economy. Although not perfect, the new deal success ultimately set the precedent for future progressive reform during times of economic depression and recession.

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.

After the Stock Market Crash of 1929, life for Americans changed dramatically as the nation’s economy came to a halt. With unemployment rates reaching historic levels, politicians scrambled to find a fix for the Great Depression; but President Hoover’s attempts to mediate the issue with charity and negotiation were unsuccessful at best. In the end, what had the greatest impact at the time was President Roosevelt’s New Deal. Roosevelt’s New Deal, focusing on the goals of direct relief, economic recovery, and financial form, had limited effectiveness in its time, but expanded the long-term role of the federal government profoundly. Roosevelt’s primary concern was to provide direct relief to the poor by providing jobs and financial assistance.

In 1929, following the stock market crash on Wall Street, the United States entered an era known as the Great Depression. For the next years to come, it would be characterized by high unemployment rates and low rates of investment. Desperation levels rose to a level of panicked hysteria, and in 1932 Franklin Delano Roosevelt was elected president with promises of relief, recovery, and reformation. He called this the New Deal, and it forever altered the role of the government in the everyday lives of American people with programs still in effect today. However, the previous belief of the New Deal ending the Great Depression is under debate as historians dive deep into the past. Due to statistics of unemployment and the unforeseen results of the programs it implemented, it is plausible to state that the New Deal was not successful in solving the main issues of the Great Depression.

The New Deal was not a good deal. It interfered with the economic lives of American people and did not help the United States out of the Great Depression. The government was getting too much power and congress was approving this. Furthermore, the efforts that President Franklin Delano Roosevelt put in to relieve the poor made our national debt skyrocket and did not help us come out of the Great Depression. We were not truly out of the depression until the 1940s, during World War II when more jobs were created.

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.

One reason the new deal was successful was that it created more jobs. In the depression many people were unemployed. The unemployment rate was around 25%. (Source B) The new deal greatly decreased this rate. It did this by giving jobs to make clothes, building hospitals, schools, and other things. (Sources E, F, and G) According to The American Nation

The New Deal Was a Total Failure as a Response to the Great Depression The Great Depression during the interwar years had disastrous effects on American society and the economy. In the United States and many nations, mass unemployment and poverty, bank and business failures were a major problem. In 1933, President Franklin Delano Roosevelt attempted to improve the situation by introduced his 'New Deal' programme that was to provide economic relief and reform. The main aims were to reduce the mass unemployment and improve the American economic situation with the introduction of new government policies and agencies.

In 1932, when Franklin Delano Roosevelt took office, the citizens of the United States had possessed sufficient time to realize that they could no longer be proud, but they must take anything they could get. Therefore, the programs set up by FDR’s New Deal program were perfect for the country at the time. These programs helped the people directly, providing relief, recovery, and reform. FDR based his plans on the philosophy of Keynesian economics, where the government spends money to make money. The government gave money and jobs to those in need, who in turn, had money to spend in the marketplace. The demand for products increased, and businesses were able to hire more workers and produce more products, as well as pay more money in taxes. FDR’s plans worked because they gave money not to those who would take advantage of the government, but to those who would use it in the way the government intended it to be used. During FDR’s first term in office alone, the unemployment rate dropped 4%. Because of FDR’s success in bringing the country out of the Depression, I give him an A.

Do you think that the New Deal was successful? The United States went into a financial panic in 1929 when the stock market crashed. It was called the Great Depression. This was known as one of the most financially unstable times the government has ever been in. When the economy started going downhill quickly, many people were relieved of their jobs, leaving many unemployed. Franklin D. Roosevelt came up with the First New Deal in 1932 during his presidential campaign. It was passed by congress in 1933, soon after he was elected. The New Deal created programs to rehabilitate the country. (Dallek, Robert, Jesus Garcia, Donna M. Ogle, and Frederick Risinger, C.) These programs had pros and cons to them. Some of them worked and successfully helped