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How Did The New Deal Strengthen Or Weaken The Usa Capitalism

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How Did The New Deal Strengthen Or Weaken The Usa Capitalism
New Deal. The New Deal was the main plan with which Franklin Delano Roosevelt tried to solve the situation Americans were facing after the Wall Street crash, it is important to explain that even if at the time it was plotted the socialist and communist ideas were intended to be embraced by many countries throughout the world instead of the old liberalist ones, the New Deal differs and it is hard to catalogue it into one or another, because the teams that created the different parts of the New Deal belonged to different ideological currents, this caused in many occasions internal fights among the designers and executers and sometimes it resembled stagger, because it looked like it went into many directions at the same time, sometimes even contradictory ones.
New Deal aimed to solve or rescue three principal …show more content…
On the other hand, Farm Credit Association lent more than a billion dollars to families to save their farms from foreclosure, but perhaps nothing did more to rescue the farm family from isolation than the Rural Electrification Administration (REA) which brought electricity for the first time to millions of rural homes and with it conveniences as radios and washing machines
The last important player was the Tennessee Valley Authority (TVA), it aimed to marshal the natural resources from Virginia to the Mississippi River (this was the poorest region in the United States) and transform them into an engine of economic uplift by building dams and power plants that would bring jobs, electricity and flood control to the valley. By the end of the 30’s the TVA had brought millions of southern Americans electric power, roads and jobs in regions that previously had no phones, electric lights or stable employment.
c) Resuscitating American
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