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

The main features of The New Deal introduced by Franklin D. Roosevelt.

Extracts from this document...

Introduction

The New Deal (a) The main features of The New Deal introduced by Franklin D. Roosevelt were: The Emergency Banking Act passed on 9th March 1933 This dealt with the country's banking crisis. There had been a crash in the financial sector called 'The Wall Street Crash' in 1929 which caused a fifth of all banks to go out of business and millions of people lost their savings. People had therefore lost faith in the banking system and were withdrawing their money and keeping it at home. The Emergency Banking Act guaranteed that savers would not lose their money if there was another financial crisis. A Federal Deposit Corporation was set up to insure peoples' savings. It also forbade the banks to use investors' money to trade on the Stock Exchange. The Federal Emergency Relief Administration (FERA) This was implemented to reduce the misery for those who were unable to work. It was given $500,000,000 to help with cash relief for the poor providing soup kitchens, employment and nursery schools amongst other things. Roosevelt said that unemployment could only be solved "by direct recruiting by the Government itself". The Economy Act This reduced wages of state employees. It also reduced pensions. This was to take into account the fall in prices and difference in cost of living. Projects were introduced to carry out certain tasks: Works Projects Administration (WPA) When Roosevelt became president he put his friend, Harry Hopkins, in charge of the Works Projects Administration (WPA). ...read more.

Middle

The AAA asked the farmers to cut production in order to strengthen the economy. The farmers who agreed to do this received a subsidy from the government who got this money from new taxes. (b) Roosevelt introduced the New Deal for the following reasons: It was intended to help solve the problems caused by the Depression. When he was nominated as the presidential candidate for the Democratic Party he said to the American people "I pledge you, I pledge myself, to a new deal for the American people". During the Wall Street Crash of October 1929 15% of peoples' life savings were lost. Many banks went out of business which had a knock-on effect of causing companies to close and working people to be unemployed. These were problems that had to be dealt with by The President and Roosevelt used the New Deal to look at all aspects of the problems caused by the Crash and the subsequent Depression. Roosevelt simplified the problems by splitting them in two. These show the main reasons for introducing the New Deal. He outlined them in a speech in Boston in 1932: "We have two problems: first, to meet the immediate distress; second, to build up on a basis of permanent employment. As to immediate relief, the first principle is that this nation, this national government, if you like, owes a positive duty that no citizen shall be permitted to starve. In addition to providing emergency relief, the Federal Government should and must provide temporary work wherever that is possible. ...read more.

Conclusion

I think the fact that the farmers were used to controlling their own farms made them resent being controlled. They were also asked to reduce production and work as a group. This was, in my opinion, not as successful as other aspects of the New Deal. The farmers were isolated as they were blamed by the general population for an increase in prices due to the reduced amount of produce on the market. The CCC was not, I feel, as successful as it was meant to be. Frances Perkins, Secretary for Labour in Roosevelt's administration wrote a book called 'The Roosevelt I knew' in 1946. She talked about the CCC and conversations she had with Roosevelt in 1933 "His enthusiasm for this project, which was really all his own, led him to some exaggeration of what could be accomplished. He saw it big. He thought any man or boy would rejoice to leave the city and work in the woods." This was idealistic and was bound to fail. She went on to describe other parts of the New Deal which show it was not a complete success: "And there were some difficult details. The attitude of the trade unions had to be considered. They were disturbed about this program ..." I think this is a more accurate idea of the New Deal's success in this area. All the above support my view that 'The New Deal was not a complete success'. I agree that it did not solve everything that was wrong in America at the time. However I believe that the New Deal went a long way towards trying to do this. ...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

    This scheme did do some useful work such as building roads, but many of the jobs, such as sweeping up leaves in parks or getting out-of-work actors to give free shows, simply gave people something to do. Another example of an unnecessary scheme could be the WPA.

  2. Explain the main features of the New Deal

    The money that paid for all of these pensions and benefits came from taxing the employers and employees. b) Explain why Roosevelt Introduced the New deal The Wall Street Crash in 1929 caused the American economy to fall into a state of depression.

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

    FDR with his endless confusion has just kept spending money on getting these remedies for America but none are working and the question is asked, when will the table be full? When will the money run out and when will America be restored?

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

    This scheme helped to employ 2.5 million men. FDR got an act passed that aimed to deal with the problems of industry; it was called the National Industrial Recovery Act (NIRA). The act was divided into two parts; the first part was set up to help unemployment in June 1933 and was called the Public Works Administration (PWA).

  1. Depression and The New Deal

    From Roosevelt's first day in office, the USA began a time of exhaustive activities which is known as the Hundred Days. During this time, the Federal government tried to do something for everyone. Roosevelt sent 15 separate proposals to Congress and they were all accepted.

  2. Was The New Deal a Complete Success

    They felt that F.D.R's policies had taken away some of their stature and power. Another limitation of the New Deal was that it provided no support for both Black Americans and Women. At the time, black people were still treated as second class citizens, and racism and discrimination still ran rife throughout America.

  1. How Far Was The New Deal A Success By 1941?

    Along with the negative facts only 8,000 women belonged to a Civilian Conservation Corps, CCC, out of a possible 2,750,000. Although, Roosevelt was a clever politician as he passed laws, which allowed women to be appointed as judges, to the Senate and the House of Representatives, but these jobs were almost full with males.

  2. Was the New Deal a success? (Source based questions)

    In fact they were considerably damaged by it. Source I is written by a self-made successful businessman who is now having to pay immensely overpriced taxes as a result of his hard work. In addition, his money is being used to feed those who are not working. Some felt that the New Deal schemes were more similar to those of Communist USSR than the democratic USA.

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