Roosevelt came into power in 1933 after winning a landslide victory. He had lots of work to do as America was currently in an economic depression with unemployment at an all time high. Roosevelt with the help of his “brain trust” constructed a new deal containing r relief measures to help with the poor, to fix the banking crisis and unemployment issues as there were 40 million people living at subsistence level or who were unemployment meaning they had no income. He was determined to eradicate this issue therefore the first thing he did was provide all necessities such as food, shelter and clothing for all those who needed this. He set up agencies in order to cope with unemployment and hopefully create more jobs some of these agencies being- Civilian conservation corps (C.C.C) Young men were used to plant trees, build dams and fight soil erosion. The National Youth Administration (N.Y.A) This provided the youth with jobs so they could continue with their studies. The Civil works Administration (C.W.A) and many more. He then focused his attention on the banking crisis. More than 1500 banks had closed down by the end of 1932. Roosevelt had to find a way to restore faith in banks in america and had to make people feel as if there money was safe in these banks as if they felt it was unsafe they would just draw out all their money from the banks this causing more to become bankrupt and close down. He passed an act called the Emergency Banking Act - All banks were closed and later on 75% of these banks reopened with loans, He also arranged bank holidays this allowing for auditing in banks to take place all of this restored confidence in the american people. This is all just one aspect that proves that his new deal did provide a new deal for the American people.
Roosevelt put in place recovery measures which aimed to bring the US out of depression by promoting economic growth in the agricultural, business and industrial sectors. He believed it was the government's duty to “prime the pump” he believed that only through government involvement would the economy have any hope of recovering (even though many were against this due to americas belief of rugged individualism) He limited production in both agricultural and industrial sectors thus eliminating the risk of overproduction and increasing demand which in turn increases prices. To help with the agricultural sector he introduced the Farm credit act this granted farmers loans so they could refinance the mortgages on their land. The Agricultural adjustment administration act was also put into place this regulating production in turn raising prices and lastly to help he introduced The Tennessee Valley authority this led to the development of the tennessee valley this entailed men building dams and 6 US states benefited from this it also introduced hydro electric schemes and many new holiday resorts. This being another vital point proving that Roosevelt's new deal did provide a new deal for the American people and was put into place.
In the industry sector he introduced minimum wages as part of the Labour standards act as well as the Wagner act which replaced the National Labour relations act. This gave every worker the right to join unions. This in itself was a new deal for the working class of America.
And lastly he introduced social security this aimed to protect people against common forms of distress. For the first time in the history of America old age pensions and unemployment insurance funds were established.
All of these factors in the new deal clearly provided America with a new deal and were clearly all acted on.Roosevelt certainly won the confidence of the majority of America back and the welfare of citizens and especially workers was promoted. It also definitely got the economy moving again and started its long journey out of the great depression However It did not solve all of Americas issues as there was still a distinct gap between rich and poor as well as social inequality this meaning it was was not roosevelts new deal that eventually got the US economy back on track but rather Word War II. However it clearly did give the American people a new deal.
You May Also Find These Documents Helpful
-
“A little more persistence, a little more effort, and what seemed hopeless failure may turn to glorious success” (Elbert Hubbard). The New Deal that was proposed by Franklin D. Roosevelt was the persistence and effort that provided hope for americans that the hopeless failures of Herbert Hoover could possibly end. Franklin D. Roosevelt became president in 1933 after he had won the election of 1932 against former president, Herbert Hoover. In the year 1933, America was in a state of economic depression mainly, but not solely, because of the 1929 stock market crash. After this crash, over $30 billion was just lost; it had vanished into thin air. President Roosevelt is the man who came into office and attempted to put America back together and get the country out of the depression. The lasting effects of The New Deal on American history are the trust that the people had in their government, the support the government provided for Americans, and the hope Americans had that the depression would expire.…
- 400 Words
- 2 Pages
Satisfactory Essays -
Many differ over whether Roosevelt’s programs were economically prosperous. However, there is an agreement that they were generally effective in terms of enhancing the morale of the American people. Many historians say that FDR’s New Deal programs brought America’s economy back from the remoteness of the Depression. I think that the New Deal provided further jobs to more people as well as supplying relief funds to people who could not find work. By doing these things, the New Deal expanded the quantity of money that Americans had to spend. When Americans had more money to spend, there was more demand for services and goods, therefore, more people had to be hired to meet that demand. However, there are some who say that the New Deal really didn’t as much as it…
- 321 Words
- 2 Pages
Good Essays -
Roosevelt's cause much excitement in the people's eyes, not only that, but it had a major affect on the American citizens. In the prompt ("The New Deal") the prompt states "Unlike his predecessor, Herbert Hoover, who felt the public should supporters the government and not the other way around... these bad times." It's shows that the president before Roosevelt didn't wasn't on the people's side, however when Roosevelt stepped in it reassured…
- 612 Words
- 3 Pages
Good Essays -
He used Bonus Army to control the World War 1 veterans demanding for payment for their service in war. This action of Hoover proved him to be harsh. In the elections of 1932 Governor Franklin D. Roosevelt from New York won the elections by promising “a new deal for the American people” He was a supporter of social security and unemployment welfare that he had started in New York. He won the elections with huge number of votes. By the time he took the office in 1933 many state governments had ordered to shut down the banks to prevent further failure. He used really good programs and passed many important laws with the help of congress, which started resolving the problems that people were facing. The first three months of President Roosevelt were known as Hundred Days of the New deal. President Roosevelt’s first step was national bank holiday closing all remaining banks. This was one of his Relief programs. FDIC was created by congress which assured the money during the times of crisis and was also intended to store back people’s trust. This program helped bring reform during the great…
- 950 Words
- 4 Pages
Good Essays -
Franklin Roosevelt became President of the United States in 1933, the nation was in the depths of the worst depression it had ever experienced. President Roosevelt, a very energetic and enthusiastic person, inspired the people with his own confidence and faith in the future. He gathered a group of people sharing his views to help him, and provided food, clothing, and shelter for millions of unemployed and poverty-stricken Americans. This was part of what he called the New Deal, of which his three objectives were relief, recovery, and reform for American citizens. In another attempt at recovery, Congress attempted to revive the nation's agriculture and industry and place the economy on a solid foundation. They printed extra money to loan to industries that quickly paid it back. By 1933 nearly 14 million Americans were jobless. In response, the Roosevelt administration immediately launched what seemed at the time to be a wonderful program of direct relief.…
- 568 Words
- 3 Pages
Good Essays -
President Roosevelt initiated the only program that could pull the U.S. out of the Great Depression. Roosevelt’s New Deal got the country through one of the worst financial catastrophe the U.S. has ever been through. Diggerhistory.info biography on FDR states,” In March 13 million people were unemployed… In his first “Hundred Days”, he proposed, and Congress enacted, a sweeping program to bring recovery to business and agriculture, relief to the unemployed and those in danger of losing their farms and homes”(Digger History Biography 1). Roosevelt’s first hundred days brought relief to the unemployed. He opened the AAA (Agriculture Adjustment Administration) and the CCC (Civilian Conservation Corps.). The administration employed many young men in need of jobs all around the country. Roosevelt knew that the economy’s biggest problem was the widespread unemployment. Because of Roosevelt’s many acts and agencies, lots of young men and women around the country were getting jobs so the economy was healing. According to Roosevelt’s biography from the FDR Presidential Library and Museum, “Another Flurry of New Deal Legislation followed in 1935, including the WPA (Work Projects Administration), which provided jobs for not only laborers but also for writers, artists, musicians, etc… the Social Security Act which provided unemployment compensation and a program for elderly…
- 1203 Words
- 5 Pages
Better Essays -
The era of the Great Depression was by far the worst shape the United States had ever been in, both economically and physically. Franklin Roosevelt was elected in 1932 and began to bring relief with his New Deal. In his first 100 days as President, sixteen pieces of legislation were passed by Congress, the most to be passed in a short amount of time. Roosevelt was re-elected twice, and quickly gained the trust of the American people. Many of the New Deal policies helped the United States economy greatly, but some did not. One particularly contradictory act was the Agricultural Adjustment Act, which was later declared unconstitutional by Congress. Many things also stayed very consistent in the New Deal. For example, the Civilian Conservation Corps, and Social Security, since Americans were looking for any help they could get, these acts weren't seen as a detrimental at first. Overall, Roosevelt's New Deal was a success, but it also hit its stumbling points.…
- 1178 Words
- 5 Pages
Powerful Essays -
Roosevelt started the new deal with a lot of programs to try and help the american people get jobs and…
- 232 Words
- 1 Page
Satisfactory Essays -
Franklin D. Roosevelt is probably best known for how he took head-on one of the largest crises in American history since the Civil War, the Great Depression. Roosevelt was getting himself into some tough work, but he had a good head on his shoulders, he had worked in his own way to help bring relief to his own people while he was Governor of New York. He did what many presidents are fearful of doing, what our government is meant to do when needed, to directly lend its power and help to the people. Roosevelt realized the need for direct, swift, and effective relief for the people of the United States. He accomplished this through his “New Deal” Program which was an implementation of various agencies and programs aimed at getting America back on its feet. “During his first “100 Days” Roosevelt worked with a special session of Congress to pass recovery…
- 714 Words
- 3 Pages
Good Essays -
Having Roosevelt as president helped give the nation hope for an end to the depression, but it also increased the power of the federal government and the national debt immensely. *The New Deal was similar to Teddy Roosevelt’s Square Deal. Both deals increased the power of the federal government. The government became more involved with citizens’ lives. Social security, part of the New Deal, helped benefit the health of Americans through its unemployment insurance. Likewise, the Food and Drug Act helped improve the health of Americans by regulating what went into food Americans were buying. Although in different ways, both deals helped the health of America and strived to change the country for the…
- 765 Words
- 4 Pages
Good Essays -
Franklin Delano Roosevelt has tons of ideas that he thought would benefit everyone and possibly take us out of the depression. Not everyone agreed with his ideas and supported him but his ideas did help extremely. Roosevelt made the federal deposit insurance corporation and civil works administration for the first new deal and then the social security act and the Fair labor standards act in the second new deal that was later to come. Although there were many more acts and things that he did to get American back to normal, these four I believe made a huge change and are still used today in our everyday life. The federal deposit insurance corporation was basically insurance for banks up to 100,000 dollars! During the depression banks were starting to close down because they were loaning money out before the depression that they did really have, so when everything went wrong and everyone decided to get their money out of the bank the banks didn’t have all the money that the people believed was rightfully theirs! Roosevelt made sure that wouldn’t happen again by giving the banks insurance. Another part of the new deal was the civil works administration, which employed thousands of public workers. Now that the depression was happening tons of people didn’t have jobs, no one had money and no one knew what to do next. Roosevelt decided to give these people jobs…
- 473 Words
- 2 Pages
Satisfactory Essays -
In President Roosevelt’s Inaugural address, President Roosevelt said, “This nation asks for action, and action now.” He announced a special session of congress, which became known as the Hundred Days. During the Hundred Days, Congress approved numerous programs to battle the depression. Together these programs became known as the New deal. There are many reasons why I think the New Deal helped our country.…
- 707 Words
- 2 Pages
Good Essays -
Roosevelt did not manage to end the Great Depression, he did live up to his promise as he made every effort to provide “every man… a right to make a comfortable living” (Foner, GML, 810) through the New Deal. The goal of the first New Deal was on economic recovery and relief. The first New Deal did live up to its promise as banks were recovered. As stated by Foner, “not a single bank failed in the United States [in 1936]” (Foner, GML, 813). Although tenants and sharecroppers were often excluded from the benefits, the first New Deal also improved America’s algriculture through the Agricultural Adjustment Administration. Additionally, the first New Deal provided jobs for millions of Americans through programs such as the Civilian Conservation Corps. President Roosevelt even made efforts to reassure the public through his fireside chats. In one of the chats, he announces that, “...we are moving forward to greater freedom, to greater security for the average man than he hasever known before in the history of America” (Foner, GML, 830). The goal of the second New was on reforming the system and producing economic security to protect Americans from umemployment and poverty. Like the first, the second New Deal also lived up to its promise. The Works Progress Administration managed to support the umemployment and created jobs for many others. Most importantly, Roosevelt kept his promise by creating the Social Security Act during the second New Deal that provided aid for the elderly, disabled, and the unemployed. The Wagner Act of 1935 also provided protection to the labor force and was responsible for the growth of labor movements. While one can argue that the New Deal did not live up to its promise because it did not provide economic recovery and security for all Americans, it is still crucial to consider how Roosevelt, through the New Deal, did create jobs for millions of Americans and provided a new foundation for America’s economy and the federal…
- 610 Words
- 3 Pages
Good Essays -
People were starving, the gap between the rich and the poor increases, and people do not have the money to buy the necessities. Once Franklin D. Roosevelt became president, he went straight to work finding a way to help counteract the effects of the Great Depression. The New Deal was what he came up to…
- 1002 Words
- 5 Pages
Good Essays -
Whether the New Deal was a success or not, depends on the definition of success. Did the New Deal eliminate unemployment and turn America around? No. Did the New Deal eliminate poverty? No. It would be easy to run off questions such as these with an economic bent and come up with the answer no.…
- 538 Words
- 3 Pages
Good Essays