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Franklin D. Roosevelt's New Deal During The Great Depression

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The New Deal The Great Depression was thought to have been caused by the stock market in 1929. The United States had a lot of trouble getting out of the Great Depression, but what helped a lot was Franklin D. Roosevelt’s New Deal. The New Deal did not solve all of the problems the Great Depression caused, but it did make life for the citizens a little better. The New Deal had many successes, but it also had a lot of failures. Roosevelt’s New Deal was successful in many ways. People who were laid off when the market crashed were given a job again. Many organizations started such as the PWA, or the Public Works Administration. The PWA employed about one third of all Americans. They did things beneficial for the economy such as building roads, schools, and buildings. Another program that was successful at the time of the New Deal was the FDIC, also known as the Federal Deposit Insurance Corporation. The FDIC provided insurance to depositors in commercial banks. Roosevelt gave people hope. He restored the banking system which made a …show more content…

The whole goal of it was to end the depression, but it did not end it. It may have made it better, but there were still many problems after the New Deal occurred. Second, many of the jobs that were given were only temporary jobs. The New Deal was successful for a short amount of time. Once the PWA finished building what they needed to build, everyone who was given a job was now unemployed again. There were several programs started in the New Deal that turned out to be failures. For example, The Agricultural Adjustment Act 1934 was declared unconstitutional. The AAA was successful for a short amount of time by paying farmers to not grow crops. The farmers had a huge supply which caused the price to go down. They tried to make the price and demand go up by not planting as much, but it was declared unconstitutional after a fault in the banking with

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