How Did The New Deal Affect The Economy

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Hopeless; helpless; hungry. The state of the American people amidst the Great Depression. The stock market paired with widespread bank failures lead to the most horrific economic deflation in the history of the United States of America (Roberts, 2012). Throughout this difficult time for our nation, President FDR, generated idea after idea to change this crisis as well as insure another would not happen; in doing so he changed the way federalism would be viewed forever (Kowalski, 2008). Development, Implementation, and Significance of the New Deal The New Deal, a program designed to counteract the tragic effects of the Great Depression, was developed by President Franklin D. Roosevelt (Roberts, 2012). Immediately after his inauguration into office, Roosevelt began vigorously generating ways the federal government could help aid the states during their financial crisis. He formulated temporary measures that could be taken as well as programs to provide future security to the American economy. The significance of the New Deal still effects every American to this day. This program was the start of a more active national government without taking away any unnecessary …show more content…

Many groups such as Mexicans and African Americans didn’t receive full benefit like many other white people did. Several Mexican Americans lacked permanent addresses leaving them outside the reach of the New Deal. The South was still fighting racial matters at this time so without their votes their needs were not seen by politicians. This made it hard for Congress to push to provide aid for minorities. Often times they were the first to lose their jobs to open up spots for white men. Education and economic resources and opportunities became back breaking tough to find. Along with racial minority groups, women and children weren’t even considered for being capable of having a job (Goetz,