Roosevelt's New Deal Aa a Benifit or Detriment

Roosevelt's New Deal Aa a Benifit or Detriment
After the catastrophic U.S. stock market crash on October 29, 1929, known as ?Black Tuesday,? unemployment in the United States rose from about 3% to a financially devastating 25%. So, When Franklin D. Roosevelt took up office as the President of the United States, on July 2nd, 1932, he needed to drastically change the financial and social situation of his country. That, is where the " New Deal," came into practice. The ?New Deal,? was designed to help the country back on its feet again after coming to an economic halt. President Roosevelt had many good ideas that took shape during his time in office, that had a positive effect on the economy of the United States. One of his government programs, was the aaa, or the Agricultural Adjustment Administration, which was designed to make it more profitable for the farmers so that they weren?t constantly in a cycle of poverty. One way that he helped them, was setting the price of crops and livestock, so that the farmers would get a decent price for their surplus stock and crops. However, the aaa was very controversial because farmers were encouraged to produce less crops, and even slaughter livestock to stay under the quota set by the government, at a time when people all over the country were starving. The Tennessee Valley Authority of 1933, was one of Roosevelt?s policies that had no down side that I could see.The tva was set up to control flooding by building dams, but it ended up providing very cheap electricity to 3 states, as well as helping to irrigate once dry and infertile lands. It was one of the very few government programs that seemed only to do good, and not negatively affect anyone. Another one of President Roosevelt?s good programs, was the Civilian Conservation Corps. The ccc was an organized activity for unemployed young men, giving them something to do and helping the country in the process. The young men planted trees in eroded areas, and stocked rivers and lakes with more than one billion fish. This also helped the young men and women of America learn to be independent and work hard. All of these programs were both good for agriculture or food production and stimulating the economy, therefore being positive outcomes. One other program that was good for America at the time, was the Emergency Banking Act/Federal Deposit Insurance Corporation, which restored the trust in American banks that people once had. The Emergency Banking Act/Federal Deposit Insurance Corporation was created to insure deposits up to $5000 dollars, and because of it, after re-opening the banks, the deposits well exceeded the withdrawals. One more policy that greatly benefited the Americans, was the Indian Reorganization Act of 1934, which banned the sale of tribal land and returned much of the already taken land, back to the Natives. Overall, this program benefited the Native Americans immensely. In all of these programs, the lives of the American people are became better, through the policies of President Roosevelt. The problem of unemployment, was probably one of the worst during the depression, leaving many families in dire need of food and other necessities. Because no one had any money to spend on the bare essentials, it was no surprise that the demand for manufactured goods plummeted and lead to the closure of many factories and the bankruptcy of lots of businessmen. To help solve the unemployment problem, President Roosevelt implemented several programs including: The nra, The wpa and nlrb. The nra, short for the National Recovery Administration, started on June 16 of 1933, was put in place to bring about changes like eradicating child labor, setting a minimum wage and maximum hours of work. Probably the best thing that came out of the nra was the abolishment of child labor. However, since firms and factories soon began to violate the codes such as minimum wage, the plan was not as successful as was planned to be, but it did not cause negative outcomes for anyone but firm owners. The wpa was also known as the Works Progress Administration and it was thought up to help provide some kind of work for the 3 million Americans who were out of a job at the time. It did such things as employed artists and actors to paint and perform for money, so that at least, they had some kind of income. As well, the government set about to build many new hospitals, schools and public buildings, which required the manual labor of many young men, who were eager for a job. The National Labor Relations Board, or the nlrb, was created in July of 1935 to help the workers who wanted to bargain for better wages with their employer. It also helped to prevent the workers from being fired just for being a member of a union. As well as these programs, President Roosevelt also created the old age pension, which began to pay out when a person reached the age of 65. Along with that, there was also unemployment insurance and the state helped to take care of women, children, the crippled and the blind. I believe that all of these programs that were brought into effect by Franklin Roosevelt, were good plans and they benefited the American people greatly. In my belief, one of Franklin Roosevelt?s best policies, was the simple, yet effective Tennessee Valley Authority of 1933. All that this program did, was raise the standard of living for the people in the Tennessee Valley and help to control flooding. As far as I can see, there were no negative outcomes of this program, so it was a great success. Another one of the best polices that was brought about during the depression was the Civilian Conservation Corps, because although they were only making a dollar per day, they were learning a good work effort and unemployment dropped because of it. It was also beautifying the country in the process. Overall, I do believe that President Franklin D. Roosevelt was a good man who brought many new and improved things to the United States. He was a good President and he improved the situation of the depression greatly.

Roosevelt's New Deal Aa a Benifit or Detriment 9.7 of 10 on the basis of 1026 Review.