How Did The New Deal Play A Significant Role In American History

There is no doubt that the New Deal does play a significant role in the American history as one of the most important factors which reduced the burden of the US economic crisis. The New Deal consists of the relief, recovery and reform. But how successful was the New Deal? My purpose of writing this passage is to show you my answer of this question. The aspects are followed.
Reformations of the financial system
As is known to us all, the New Deal starts with the adjustments of the banking sector, because the crisis began in the financial problems. Three days after his taking office, he got banks to suspend business for rectification, which gradually restored the credits of banks. And what’ more, the government left the gold standard, which
This increased the power of the workers, which motivated the passion of them basically. After getting the supports from big owners of private enterprises, he tried to be supported from small businesses owners, for their developments made the society more stable and even recovered the crisis. For certain, the implementation of these measures was not a huge success, Industrial Recovery it still had a certain positive role to the recovery of the industrial in the United States. It made the US economy pick up and unemployment drop
The government strengthened the measures to ensure social security, social security for the elderly, the disabled, the unemployed and children. The New Deal also launched a " welfare-to-work " system, set up a special government for public works, in order to increase employment and stimulate consumption and production and stable social order.It created opportunities for many people so this policy was the most successful one during that time, hence the government gained lots of supports from people. And the " welfare-to-work " measures provided the public opportunities to the unemployed, maintained the spirit of self-reliance and self-respect of the unemployed. Roosevelt’s government also made the Social Security Act, which reflected the strong desire of the masses of working people, the vast majority of people who welcomed and commended to the United States. The Social Security Act created the precedent of America and the entire capitalist world of social security. And it played a role on preventing the emergence of new economic crisis and slowing economic fluctuations. Most American historians think that Social Security Law is the most important legislation, it put us on the road to the welfare