Explain the new Features of the New Deal

Authors Avatar

                           Explain the new features of the New Deal

In October 1929 the Wall Street stock market crashed in New York and panic selling of shares caused a wave of bankruptcies, destroying all confidence in businesses and investors. The great Depression led to 13 million people being unemployed. President Hoover, the government did nothing at all to help the Americans, he didn’t even think of helping them rebuild the American economy. In 1932 president Roosevelt came into power in the presidential elections. He had many concerns and considerations for the Americans and the economy. The first stage of the act of the New Deal to put the US back to work and create jobs in 1933 he introduced the first Acts during the hundred days, which involved the creation of Alphabet Agencies to deal with the economic problems. By 1935, the Supreme Court thought some of the New Deal laws as interfering too much. , so then Roosevelt's response was to introduce the second stage of reform- The second New Deal.

Join now!

The 3 aims of the New Deal were: Relief; Recovery and Reform. Which were introduced by Roosevelt- the three ‘R’s’. Relief was measures to help relieve the suffering of the unemployed. Recovery was to try to rebuild the depression-shattered economy and Reform was aimed to give workers better working conditions and fairer wages.

The aim of the relief was achieved by the: Civilian Conservation Corps (CCC); Federal Emergency Relief Administration (FERA); public works Administration (PWA); Home owners Loans Corporation (HOLC) and the works Progress Administration (WPA). The Civilian Conservation Act was set up to provide work for unemployed men ...

This is a preview of the whole essay