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

How successful was the new deal?

Extracts from this document...

Introduction

How successful was the new deal? America's "Great Depression" began with the dramatic crash of the stock market on "Black Thursday", October 24, 1929 when 16 million shares of stock were quickly sold by panicking investors who had lost faith in the American economy. At the height of the Depression in 1933, 24.9% of the Nation's total work force, 12,830,000 people, were unemployed. Wage income for workers who were lucky enough to have kept their jobs fell 42.5% between 1929 and 1933. It was the worst economic disaster in American history. Farm prices fell so drastically that many farmers lost their homes and land. Many went hungry. President Franklin Delano Roosevelt took office in March 1933. He had promised the American people a New Deal and immediately set to work to create jobs for the unemployed. People had different opinions of the New Deal. There were many who opposed his policies. They did not believe that the government should be spending taxpayer's money to find jobs for the unemployed. Roosevelt felt differently to these people. He was prepared to use this money to get the American economy back on track. Between 1932 and 1936 Federal Government spending increased by nearly 80% - most of it on Roosevelt's job creation schemes. The voters supported what Roosevelt was trying to do and re-elected him in 1936, 1940 and 1944. ...read more.

Middle

First, they were used to make cheap electricity. Powerful turbines built into the walls of the dams were driven by jets of water released from the lakes behind them. By 1940 the twenty-one dams were producing 3.2 billion kilowatts of electricity each year. A second benefit of the dams came from the lakes that built up behind them. The lakes were long, wide and deep - ideal for water transport. Locks built into the sides of the dams meant that ships could now travel 1000km up the river, carrying coal, steel and other products to the regions factories. The factories could also now transport their products to distant areas for sale, and this increased their profits. The TVA was definitely another success for Roosevelt. It helped provide profits for some companies because of the transport links it provided and it also protected many of the homes and farms around the Tennessee area. In June 1933, the National Recovery Administration (NRA) was set up. Roosevelt said in a speech that the aim of the NRA was 'the assurance of a reasonable profit to industry and living wages to labour'. This meant that factories should try and make profits but without using child labour. The official in charge of the NRA was General Hugh Johnson, who was an ex soldier. He helped run American industry during the Great War. Johnson drew up codes of fair competition, which he asked businessmen and factory owners to sign. ...read more.

Conclusion

In 1935 the Schechter brothers broke one of the NRA codes by selling diseased chicken to people. The NRA took the Schechter brothers to court. When the brothers were found guilty by the court of breaking a NRA code, they appealed against the verdict. This then went to the Supreme Court who declared that the NRA had no right to meddle in the New York poultry trade. The Schechter brothers were acquitted and the code was declared illegal. This case destroyed the NRA. Overnight 750 codes had to be scrapped by the NRA. The New Deal was a success in some ways and unsuccessful in some ways. There were some agencies that did work such as the CCC, TVA and the AAA and there were some that didn't work like the PWA and the NRA, which worked for a while. Most of the agencies that Roosevelt and others set up worked for some people but didn't work for others. Roosevelt was definitely a success in the way that he gave so many people jobs. There were many people that opposed Roosevelt but were not able to stop him from being re-elected in 1936. I think is because the people had faith in Roosevelt and when he proposed the second new deal, they wanted to see whether or not he could make it work. Most people like Roosevelt as the president of their country although there were people that opposed him. I think Roosevelt's new deal had successes and failures but in the whole I would say it was a success. Chris Pounder ...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. GCSE History Coursework Assignment B - Was the New Deal a Success?

    S B Fuller believes that FDR had been raised to think it right to give, but as he gave, he hurt people. The source then goes on to say, 'We had soup lines and the Depression because people lost confidence in themselves.'

  2. Was the New Deal a success

    Some people disliked this while others benefited from it. He supported the New Deal but in 1934 he announced a nationwide Share Our Wealth. Huey Long decided to distribute wealth from the rich to the poor. By doing this Huey Long had many supporters in the next election.

  1. History coursework: Was the New Deal successful?

    But Roosevelt seemed to have too much power, and some feared he was becoming dictator-like. ("The only result of this [Roosevelt's power] will be dictatorial government" Quote from source C) Congress had thrown billions of dollars at him to spend unwisely.

  2. Why people supported Roosevelt in the 1932 election

    the higher classes and implies that by providing the poor with relief the Depression would not be solved. Business leaders were specially against the National Recovery Administration (NRA) which consisted on drawing up codes for each industry which owners and businessmen were encouraged to sign.

  1. Source Analysis OCR: Was the New Deal a Success?

    However this letter does not necessarily reflect the feelings of the general public as the letter itself is used as propaganda showing its uniqueness. So source H is limited in showing the publics opinion on the New Deal. Source I is an excerpt from a popular song from 1936.

  2. Use Source A and your knowledge of the period to explain why people supported ...

    but the war saved him - example of this view in source C - when it says Roosevelt "seized on it like a drowning man." This is why there is so much criticism against the New Deal because it was not seen to have been a success as unemployment increased when the New Deal budget was cut.

  1. How successful was the New Deal?

    When the Wagner Act established workers? rights to join trade unions and to bargain for their wages, union membership increased. USA employers hated the idea of their workers joining trade unions, and may did all they could to deny workers rights.

  2. Write your own balanced account of the successes and failures of the New Deal, ...

    More importantly, the Act set up a plan for unemployment insurance. This meant that employers and workers made small contributions to a special fund each week so that if the workers became unemployed, they would receive a small amount of benefit to help them until they could find another job.

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