• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

Explain the main features of the New Deal.

Extracts from this document...

Introduction

(a) Explain the main features of the New Deal Roosevelt came to power in the year 1932. His aim was to invest government money into making America prosperous again after the great depression years. His main aims were to reduce unemployment (which involved getting Americans to earn money again), to protect people's savings, homes and livelihoods, to provide relief for the ill, elderly and unemployed and to get American industry and agriculture running once again. During the first hundred days Roosevelt worked tirelessly to transform America. This involved using new laws, acts and the full power of the government in an attempt to drive America out of depression. His first objective was to restore Americans confidence in their banks (this is because the bank failure was the main cause of depression). On March 5th he closed all the banks and then opened only select banks that had been checked by government officials and found "trustworthy". Some were even supported by government money. He then introduced new rules and regulations to prevent another Wall Street Crash from occurring. This was known as the Emergency Banking Act and the Securities Exchange Commission. ...read more.

Middle

As a result of the lack of money less people were buying clothes so many textile workers lost their jobs whilst their companies went bust. Other companies began overproducing and people could not afford the products and so the companies kept going bankrupt - a vicious circle. These problems led to people losing their faith in industries. Mortgages and repayments could not be met, so people were moving to shantytowns. Even people who once had expensive cars etc now had nothing, and were even unable to pay for bus fare. Farmers suffered the most. Thousands of families who farmed had to sell their land, as it became uneconomical to grow crops. Millions of farmers went to live in the big cities looking for work. America's foreign trade value dropped from $9 billion to $3 billion whilst other countries retaliated against US import tariffs. One result of this meant that share values changed dramatically, for example, the shares of union cigar fell from $113 each to just $4. Many people blamed the depression on Hoover as he and the government believed they should not interfere in the economy or with companies' etc. ...read more.

Conclusion

removed 59 corrupt officials from the labour department. This restored the American's faith in their government. On the other hand, there is a lot of evidence that suggests the New Deal was not successful. Although unemployment rates had dropped, there were still six million unemployed that found it impossible to find jobs until the USA entered the war - only then was an end put to unemployment. Also, even though black Americans were now able to receive benefits, there were no laws against the lynching of black Americans so they either got no work or received worse wages/treatment than white people did. Most of the New Deal programmes were aimed to help male manual workers (only 8000 women were involved in the Civilian Conservation Corps.) The US economy took longer to recover than most European countries which meant that confidence in Americans was low, in the 1930's they only spent and invested 75% of what they had before the depression. Finally, when Roosevelt cut the New Deal budget in 1937 the country went straight back into recession. In conclusion, I agree with the statement to a certain extent however, the amount of jobs the New Deal created, and the stability it brought the banking system is credible. Therefore I agree with the statement about 75%. ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our GCSE USA 1919-1941 section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related GCSE USA 1919-1941 essays

  1. Why people supported Roosevelt in the 1932 election

    For instance, unemployment figures decreased from 14 million in 1933, down to around 7 in 1937. American Gross National Product (GNP) increased from $56 billion in 1933, up to over $100 billion in 1940. business failures and bank failures also decreased dramatically over the New Deal period.

  2. GCSE History Coursework Assignment B - Was the New Deal a Success?

    re-elected that he we not neglect, but in fact give them lots of support with the New Deal. Therefore the singers of this song support the New Deal. Lines 5, 6 and 7 go, 'No more breadlines we're glad to say, the donkey won the Election Day, No more standing

  1. How successful was the new deal? Explain why Roosevelt Introduced the New Deal?

    set out to do which was higher the prices of farmers products. The prices rose and so did farmers incomes. However the AAA came under heavy criticism because people thought it seemed crazy for the government to spend money on the destruction of food at a time when so many were going hungry.

  2. Was the New Deal a success

    One of the sources that are both for and against the New Deal is Source B. This source shows that facts about the number of unemployment. The source is a graph showing the numbers of unemployed people (in millions) in America, 1929-1942.

  1. Depression and The New Deal

    Roosevelt's action was seen as an attempt to "pack" (fill) the Supreme Court with pro- New Deal judges. This would destroy the independence of the judiciary and give more power to the President. It was seen as a measure that would upset the "checks and balances" of the constitution of the USA.

  2. History Coursework: The New Deal

    This created arguments between workers and employers making it a huge failure. This barrage of criticism, which included some from Congress, caused Roosevelt to try and please everyone which would've been impossible. He tried to regain some support by reducing government expenditure.

  1. To What Extent Did The New Deal Pull America Out Of The Depression?

    The New Deal gave a new attitude to Americans. It restored the faith of the American people in their government and it set the tone for future policies for government to help people. Although the New Deal handled billions of dollars of public money there were no corruption scandals.

  2. Explain the main features of the New Deal in 1928 America.

    The Civilian Conservation Corps (CCC) was aimed at unemployed young men in particular. They lived in government camps in the countryside and sis heard work such as clearing land, planting tress to stop soil blowing away, and strengthening riverbanks for flood control.

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work