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New Deal Dbq

519 Words3 Pages

In general, most Americans see the New Deal as one of the most important events in American history. Passed by President Franklin D. Roosevelt in 1933, the New Deal was a response to the Great Depression, aiming to provide relief, reform, and recovery for the American people. While the New Deal was successful in some areas, it also had some drawbacks. This essay will explain how the New Deal was both good and bad.

The New Deal was successful in providing relief to millions of Americans who were suffering from the Great Depression. Programs such as the Civilian Conservation Corps (CCC) put unemployed Americans to work in national parks and forests, while the Federal Emergency Relief Administration (FERA) provided aid to the poor and elderly. The Social Security Act provided a safety net for the …show more content…

The Glass-Steagall Act created the Federal Deposit Insurance Corporation (FDIC) which ensured bank deposits up to $2500. The Securities and Exchange Commission (SEC) was also created to regulate stock market practices.

The New Deal was also successful in promoting recovery from the Great Depression. The Works Progress Administration (WPA) provided work for millions of Americans through public works projects. The Tennessee Valley Authority (TVA) brought electricity to millions of people in the rural South and the Home Owners Loan Corporation (HOLC) provided relief for homeowners facing foreclosure.

Despite its successes, the New Deal had some drawbacks. One of the main criticisms of the New Deal was that it was not effective enough in providing relief to the unemployed and poverty-stricken. Critics argued that the programs, while providing some aid, did not go far enough in providing long-term solutions to the problems of unemployment and

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