How Did The New Deal Stabilize The Economy

Roosevelt's New Deal The New Deal programs started during the Great Depression era, it began to help an almost hopeless nation recover. It's believed that 80% to 90% of people were unemployed, by the time something was done about the economy during the Great. Depression. The programs offered in the deal helped to stabilize the economy, while creating new jobs. The United States was in a state of emergency basically, based on how things were going. In the short-term that Roosevelt was president he helped the economy run in an organized manner. The New Deal did cost government money, but it boosted the economy in the end. The two important programs he made that were great were the Public Works Administration, and the Social Security program. The Social Security program came into effect on August 14, 1935. The way it worked was,"The Social Security Act authorized the Social Security Board to register citizens for benefits, to administer the contributions received by the Federal Government, and to send payments to recipients."(ourdocuments.gov) People would give their contributions to help others get the benefits they needed or to get benefits for themselves if they retired. It was a way to get back what you give in. So the program is still thriving today, but of course it has had
But fact that the country was trying to help the people showed the thinking strategy. The design strategy was to give people more jobs, and create more jobs. What it did do, was put the country more in debt, but helped the people. This program did not work out, but was a major help for making better programs that are similar, but actually