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How Did The New Deal Improve The Economy

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There are many deals in the united states but there were the three main deals which had helped improve the economy and the working class. The three main deals were the New deal, Square deal, and Fair deal. During The Great, Depression Franklin Roosevelt wanted to fix the Great Depression problem so he offered the people a ̈New Deal ̈. The “new deal” was Proposed by Franklin Roosevelt. The “Fair deal” was an ambitious set of proposals put forward by U.S. president Harry S. Truman. The "Square Deal" was a domestic policy that was adopted by the President in which he pledged not to favor any group of Americans but to be fair to all, but in which that favored fair relationships between companies and workers.

When Franklin Roosevelt got in office he acted fast and tried to stabilize the economy and provide jobs to relieve those who were suffering from the Great Depression. The “New deal” was a series of programs and policies of relief, recovery, and reform to the effects of the Great Depression. The “New deal” fell into two series and dates once the programs were initiated. The first series of the “New deal” was surrounded by national planning and laws which introduced Congress passing Roosevelt’s Emergency Banking …show more content…

The policies are referred as “Square deal” President Roosevelt supported progressive and aggressive political reforms, including the heavy regulation of business. The deal focuses primarily on controlling corporations. A significant component of the Square Deal policies was aimed at keeping businesses fair and also protecting businesses against unreasonable labor unions. Roosevelt's labor policies significantly increased workplace safety by encouraging or establishing certain standards that formed many of the

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The New Deal included programs that would help average citizens find relief and provide recovery from the dire economic situation, helped farmers recover from foreclosures produce more crops and reduce the prices of crops for citizens and consequently expanded the role of gov’t because more people depended more on their gov’t in a time of need. The Great Depression started after the stock market crash of 1929, shortly thereafter companies started firing millions of workers (Document J) to save money because CEO’s are always greedy and always want to keep as much money as possible for themselves. FDR’s response to mass unemployment was to create agencies like the TVA (Document I) which employed unemployed workers in Tennessee for public projects such as bridges, roads, dams, parks etc. Anything that benefited the public was built so that people had jobs and were able to bring the economy out the depression.

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During his first term in office, he took on programs and policies to relieve the effects of the depression, collectively known as the New Deal. During this time, many social policies were passed to specifically aid the working class. Some of the acts Roosevelt implemented were the Glass-Steagall Act, the Federal Deposit Insurance, the Securities and Exchange Commission, the Home Owners Loan Corporation, the Works Progress Administration, the National Labor Relation Board, and Social Security. All of these acts were put in place to aid the working class, and prevent the severity of future depressions. The outcome of the New Deal gave a new role for the federal government, which is the partial responsibility for the people’s financial

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Roosevelt’s “Square Deal” Theodore Roosevelt, the 26th president of the United States, was active in politics from a young age. Though he assumed the role as president only after McKinley’s assassination, he prided himself on his broadening of the executive powers, as well as that of the federal government; he passionately took McKinley's place as Chief executive. Roosevelt was a lively and devout nationalist and a strong believer of a powerful central government. Teddy Roosevelt's presidential platform, as well as his domestic program, became known as “The Square Deal”, because he vowed not to favor any group of Americans and to be fair to all. Teddy Roosevelt encouraged the nation to revive an active role in global politics, particularly

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New deal was first introduced by President Theodore Roosevelt in response to the problems of the depression. New Deal in itself was series of programs and projects that was focused on economic recovery, job creation, and etc. Roosevelt’s new deal essentially promised people to end the Great Depression, and he focused on passing bank reform laws, work relief programs, etc. David M. Kennedy of Yale University and Burton Folsom both discuss the implication of New Deal in United States and whether it was successful in overcoming the problems of Great Depression in their essays, FDR: Advocate for the American people, and FDR: Architect of Ineffectual big Government.

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It is a program that helps the common man by government regulations for business in order to level the playing field. It gave equal and fair opportunities to ensure that no sector has an unfair advantage over another (Square Deal). Although Roosevelt was seen as a “traitor to his own class,” he continued to make changes that would benefit every American citizen. Roosevelt settled the coal strike of 1902 by forcing the owners to negotiate with the unions. Instances like the coal strike of 1902 almost never receive responses that benefit the workers, however, Theodore Roosevelt had the workers’ best interest at heart.

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The three C’s, or basic goals of the deal are to conserve the countries natural resources, take control of U.S. corporations, and protect consumers. These objectives were designed to aide middle class citizens and attacked capitalists and bad trusts while simultaneously preserving companies from intense demands of unions. Roosevelt believed in authoritative federal action to mollify social corruption. During the 1912 presidential election the Square Deal approach was broadly integrated into the platform of the Bull Moose, Progressive, Party when Roosevelt was its candidate. The reform movement of Progressivism eased the devastating effects of industrial capitalism on citizens and society.

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