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How Did The New Deal Affect The Economy

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The New Deal was the new additions of work programs, new financial agencies, and new boundaries. This deal was carried out during the Great Depression by President Franklin Delano Roosevelt and it was created to revive the American economy and open new jobs. The New Deal was widely considered a success across America, but it affected some American citizens in a negative way. Even though it affected some in a negative manner, the economy went back to thriving due to the new regulations from the deal. This paper will describe the benefits and detriments of the deal and will tell you if the deal was a benefit or a bust. The New Deal was loved by many because it provided benefits to many, but the deal also included a few failures. One of the agencies that the New Deal created was the …show more content…

Even though there were some downsides to this act, this deal was a huge benefit to farmers who were working very hard but not necessarily making enough money to make a living, so this deal was very beneficial. Another agency created by the New Deal was the National Youth Association, which provided part-time jobs for the American young people so they could still stay in school instead of dropping out to provide for their families. This act was extremely beneficial and allowed young kids to provide for their family and stay in school to someday pursue a better career. The New Deal was beneficial to Americans who were scared of losing their jobs or going into another war, but they were calmed by President Roosevelt when he said, “the only thing we have to fear is fear itself.” However, some critics believed that the New Deal made the depression longer and it could’ve ended sooner without the New Deal. On the other hand, some people believe that the New Deal changed the way the American government works and improved American

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