The Great Depression had several unfortunate impacts on the U.S and it’s citizens. 80% of Americans had no savings(Source A), 28 states had no banks(Source A), 200,000 children were left to roam the country alone(Source A), 1,000 homes were repossessed every day (Source A) These are just few of the tragedies the U.S had to face, due to the Great Depression. The Great Depression damaged our economy, and our lives. The New Deal was successful, because it improved unemployment rates, and it helped farmers. The New Deal improved unemployment rates, which is critical for the economy. Millions of Americans were left out of work because of the Great Depression. Having a job is important because when you have a job, you get paid money. With this money, people can spend it on products bought from certain businesses. This helps the businesses thrive (the economy thrive). So, to solve this problem, the government set up administrations, corporations, and acts. One administration, was the WPA (Works Progress Association). This gave the unemployed jobs to build and maintain jobs, schools, and …show more content…
Farmers were impacted the most/ hit the hardest from the Great Depression. They continued to face economic disparity years after the Great Depression passed. Their farms, resources, even homes were ruined. To help fix this problem, the government created the TVA (Tennessee Valley Authority. This supported farmers in a handful of ways, to help repair their lives that had been broken. This shows the New Deal was successful, because this authority helped farmers by building dams to stop flooding, generating electricity to the area, which was helpful to introduce new technology to farmers that they hadn’t been able to use before. This authority also planted trees to conserve soil, and lastly, the TVA actually helped the farmers farm their lands. The TVA helped the farmers get their lives back after the Great
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The New Deal also opened soup kitchens were the unemployed could go to get a free meal. The New Deal also managed banks so the banks couldn’t spend money that they didn’t even have, and it also helped end the depression and helps prevent new ones from happening in the
Economically, the New Deal assisted the United States by providing jobs. Many Americans were poor during the Great Depression (Document 1). These individuals lived in Hoovervilles, or shantytowns, and struggled to find fresh produce. Due to a lack of income, most of these individuals had to eat food thrown out by greengrocers. However, these circumstances were even worse for individuals who farmed (Document 6).
It gave the working class much needed support by giving them more rights than they had before (Doc C). A lot was done to keep the working class from falling into poverty and now was the time when the working men had more rights than ever before. The country’s CPI went up, meaning that Americans were able to buy more. CPI can be used as an economic indicator, it can measure inflation and can be used as an indicator of how good the government policy is. Furthermore, since the CPI went up that meant that the implementation of the New Deal and FDR’s government policy was much improved from their predecessors (Visual 1.3).
The Great Depression era was one of the most severe hardships in United States history. The amount of suffering that ordinary Americans endured during the Depression was unprecedented. The Depression caused big businesses like Ford to layoff much of their workers during the Depression. This massive unemployment caused millions of workers to lose their homes and their livelihoods, puting Americans in destitute situations of extreme poverty. During the Depression the contemporary safety nets that existed to help take care of people when disaster struck had dried up and was unable to assist everyone.
When The great depression struck it hit the economy and the people hard during the Great Depression, The Federal Government took a more active role in the economic, political, and social problems centering around the Great Depression and their new role also developed more effective answers than their past role in inactivity. Americans all over the world were listening to the radio and hearing the news of the crash of the stock market. The Great Depression was important to U.S history because it showed us the flaws in our financial system and now we are able to fix those errors. At first,"Herbert Hoover had bad luck to be president when the great depression hit.
The Great Depression was a time of economic destress in the United States that eventually affected the whole world. The stock market crashed causing chaos among the people. Everywhere people were going to banks demanding they get their money back. However, these banks were not prepared for this and did not have the money to give back. As banks began to fail, business failed as well.
The Great Depression was a time period in the United States from the late 1920s to early 1940s, marked by severe unemployment rates nationwide. It had many origins, most notably of which was the Stock Market Crash of October 29th, 1929, also known as “Black Tuesday.” The administration of Franklin D. Roosevelt addressed the crippling unemployment and poverty rates of the Depression by establishing federal work programs to provide much-needed jobs to millions of Americans. Overall, however, this response was only marginally effective, because there was still rampant unemployment and discrimination throughout the duration of these programs. Through the establishment of these programs, the role of the federal government changed from a capitalist
A main reason why the Deal was a successful was because of relief. Relief was a big part during this time period because of how it helped people with mortgage and jobs from the alphabet agencies. During this time it was really hard for people to get and keep jobs which made it really hard for men to be able to support their families. The alphabet agencies were created by FDR to help with the relief and recovery for the citizens. FDr was mainly aiming to help the people get back on their feet, because unemployment rate reached a high during this time period it was a big deal for the people to get this support.
The New Deal was successful because of gave jobs to many jobless people and ending the banking crisis. A newspaper article said that U.S banks are unstable. People go to the bank to get their money. The banks don’t have enough money to give to everyone. Police are called in to keep peace.
The New Deal brought reforms to the American economy and the American people. Through public works administrations and Social Security, the New Deal attempted to end the devastation of the Depression. But the Depression caused too large of an impact to be ended by the New Deal, which was radical for some Americans, so it was not supported. In the end, the wartime boom from World War II was the reason why the Depression finally ended, but the New Deal changed the face of the American government by creating a relationship of trust between it and the public. This relationship still exists to an extent when it comes to the government providing for its people, and it would not, had it not been for the New
Roosevelt New Deal plan also helped businesses to recover from the Depression loss. Shlaes mentioned in 1934, “Business has recovered half its depression loss, only 30 percent of the Depression unemployed has been put to work” (Shlaes 262). Also, to help recovery from the Great Depression, the New Deal offered social insurance; “Social Security seemed a gift on a scale most American would never have expected a president to be able to offer” (Shlaes 255). The Great depression impacted the Americana government in a way that the government had to change, reform and became more cautious of economic situations.
The New Deal had a positive effect on the American people by the jobs it created. “His administration also established the Civilian Conservation Corps (CCC), which employed millions of young men, mostly urban, to work in camps at national parks and forests on conservation and reforestation projects” (“New Deal”). This shows that the New Deal had a positive effect by creating jobs because this New Deal program helped surmount the very exorbitant unemployment rates. Now, all these men can get money from their new job. Another way this evidence shows that the New
How far was the New Deal a turning point in US history? The New Deal was made in response to a set of policies by Franklin Delano Roosevelt (FDR) to combat issues caused by the global financial meltdown of 1929, initiated by the Wall Street Crash. This decade long historic financial downturn has been identified as the Great Depression (1929-1939). The New Deal focused on what people refer to as the ‘three R’s’:
During the Great Depression many people lived in poverty, more than 20% of the people were unemployed, but President Roosevelt implemented programs to help Americans prosper. The Great Depression is when the America’s economy had fallen to its lowest point. Many people lost their money and it’s when poverty hit rock bottom. The New Deal was necessary because even though it didn 't end the Great Depression it helped lowered unemployment, secure their money, and helped the economy prosper. In its attempt to end the Great Depression, the New Deal had many successes and failures