Fdr New Deal Analysis

In October of 1929, the stock market crashed. In the weeks, months, and years following the crash many banks failed and unemployment reached highs of around thirty percent of the workforce. While the crash of 1929 was not the only cause of the Great Depression, it did accelerate the onslaught of the global economic collapse and of the start of the Depression. After many failed attempts to revitalize America, Hoover lost his reelection bid in 1932 and FDR was elected president. Through his New Deal plans, FDR enacted many measures that helped to lessen the worst effects of the Great Depression and they fall into three distinct categories: relief, recovery, and reform. In the way of relief measures and acts, FDR and his administration enacted many; however, the more effective actions taken included the creation of new government branches, specifically the CCC
The SSA, similar to Britain’s welfare state, was passed in 1935 and established a system for unemployment insurance, senior pensions, and relief for the disabled, the elderly poor, and families with dependents. The SSA was great for the people that qualified for it, however, many people including agricultural and domestic workers, unmarried women, and nonwhites, did not qualify and thus did not receive any of its benefits. The FLSA, which passed in 1938, was one of the last pieces of New Deal legislation to be enacted. It banned the products of child labor from being sold in interstate commerce, set a minimum hourly wage for employees, and required employers to pay overtime to workers who exceeded working forty hours per week. The FLSA established federal regulation of wages and working conditions, both of which would have been vehemently fought against in the policies of the pre-Depression era. Again, it is seen that the act established helped, but not