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

The New Deal was not a complete success

Extracts from this document...


The New Deal Was Not A Complete Success.' How Far Do You Agree With This Statement? The New Deal was introduced in 1933 due to the Wall Street crash. It helped the unemployment problem but did not entirely solve it .The Federal Government and President Roosevelt got involved in the economy, which until now was unknown of in America. The New Deal stopped things from getting any worse in the short, however in the long term only WW2 fully cleared the unemployment problem. The New Deal aimed to bring relief through the Federal Emergency Act (FERA) which aimed to direct cash to the poor and needy and stop the threat of starvation that existed. An amount of $500 million was spent on soup, kitchens, blankets employment schemes and nursery schools, so that parents could go out during the day to find a job. The works Progress Administration (WPA) aimed to find emergency short term employment for unskilled workers in construction jobs. The Public Works Administration. ...read more.


This Act was followed up in 1934 by another Securities act which established securities and exchange to control the stock market. Its aim was to regain further confidence in USA businesses. The New Deal never solved the underlying economic problems and the US economy took longer to recover than most European countries. Confidence remained low. Throughout the 1930s Americans only spent and invested about 75% of what they had before 1929. When Roosevelt cut the New Deal budget in 1937, the country went back into recession. The Agriculture Adjustment Act (AAA) aimed to stop farmers overproduces food. This would force prices up and make farmers earn more money. The government were given the power to destroy surplus food and give farmers compensation for this. Cotton farmers were told to plough their crops into the ground, the government slaughtered animals that would increase this overproduction of meat stocks, and also agree with farmers the sensible level of food production. ...read more.


Companies that followed the orders were given favours by the government to gain contracts in industry. The National Insurance Recovery Act promised to guarantee workers fair wages and conditions. The New Deal was a success as the Federal Government had got involved for the first time which helped a lot. Acts such as the WPA and the PWA provided relief for the economy and helped the unemployed. The AAA helped agriculture and the Banking Act and the Securities Act helped solve the financial crisis which took place after the Wall Street Crash. The National Insurance Recovery Act improved working conditions for workers and promised to guarantee workers fairer wages. However, the problem of 'dustbowl' continued, unemployment did not go away, most New Deal laws were designed to help women rather than men and the New Deal had a lot of opposition. It was the war that finally solved the problem of unemployment. Samrah Bhatti 11CES History Coursework ...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 History Projects 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 History Projects essays

  1. With what success has the Britain government tried to deal with the Irish Troubles ...

    I believe that power-sharing is a good idea but it may not work for Northern Ireland because the Protestants and the Catholics there had been fighting for so long they may continue to do so and therefore never come to any agreements.


    They began selling their shares fearing that the stock market would crash sooner or later. Since the demand for shares decreased and the people selling the shares became more, a drastic crash happened in the stock market and people lost a lot of their money.

  1. Roosevelt's New Deal

    Roosevelt was known for his strong character as he managed to achieve all his goals with his severe disability of being paralyzed from the waist down by poliomyelitis. People related to him as being a down to earth man who was easy to relate to.

  2. Explain the features of the New Deal.

    also known as "Agricultural Adjustment Administration". This gave the government the power to influence prices by destroying surplus crops, told cotton farmers to plough their crops into the ground and tried to reduce production in the long term by agreeing a sensible amounts to be produced in future.

  1. Why did the stock market collapse in 1929?

    This is what exactly occurred on Thursday 24th and Tuesday 29th October. On 5th September, a leading economist Roger Babson while addressing the Annual Nation Business Conference predicted the crash. Babson predicted that a crash sooner or later was inevitable and the crash would be so devastating that factories would

  2. How far did the development of the needle industry affect the working conditions of ...

    This is from an extract from "Household Words". A weekly journal conducted by Charles Dickens, 1850/2. 5"A DESCRIPTION OF THE POINTERS WOKRING CONDITIONS 'Needle pointers, lived while they worked in an atmosphere thick with stone and dust and steel dust generated by the dry grinding of needles upon the wheel, just under their noses.

  1. Evacuation was a success

    Age group 17 - 19 has been skipped which means that the data is non-continuous. This will show up on the scatter graph: it will have no correlation. At the same time, the primary and secondary data we have is likely to be anomalous.

  2. Pompeii and Herculaneum Conservation

    5 million tourists each year. Even though this is beneficial for the Italian economy, and for the heritage sites as they do make money out of tourists which can be later spent on the site itself for restoration and preservation processes, it does degenerate the site overtime, as Pompeii has been poorly maintained and equipped

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