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How Did The New Deal Affect The Economy

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How Did The New Deal Affect The Economy
The Great Depression of the 1930s was by far the greatest economic catastrophe in the history of the United States. The collapse of the economy was a devastating blow to the national morale and left the nation in financial ruins. In 1931, Franklin Delano Roosevelt was elected president on campaign promises to restore jobs and prosperity to the country. His proposal, the New Deal, fundamentally changed the nation. The New Deal affected the country by providing jobs and was to be a means of giving the nation a sense of hope. However, despite the positive actions that took place, the New Deal did not fix the job unemployment problems nor did the economy improve to pre Depression levels until many years after the New Deal was initiated.
There is no doubt that President Roosevelt changed the role of the government in the economy and the opinion of the American people on the appropriate role of the government in the social sphere in ways both positive and negative. Some of the programs initiated by the New Deal, such as Social Security, the federal minimum wage, labor rights, and infrastructure projects such as the Tennessee Valley Authority and the Grand Coulee Dam remain in effect today. However I believe FDR’s New Deal failed in its primary goal to restore employment and prosperity to pre-Depression levels
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A total crash in the stock market causing a huge economic collapse and unemployment is not a small task to fix and for him to come up with an idea is better than waiting for a solution to happen on its own. However, I believe that every solution will have cons to go along with it. The New Deal prolonged the Great Depression because is never truly fixed the unemployment crisis and did not bring economic recovery until many years after the reform had been established. Thus causing the United States to spend money frivolously and never truly fixing the problems that started October 28th,

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