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New Deal Dbq

611 Words3 Pages

The Great Depression is often looked upon by U.S. historians as a dark time in the history of this great nation, and often the question that arises is whether or not Franklin D. Roosevelt’s New deal program was a success or failure. During the time period, farmers were struggling to grow crops due to the dust bowl, and the American people were broke as the stock market crashed, banks shut down, and everyone’s credit bill came in. FDR definitely made a strong push to dig the United States out of its hole regardless of the circumstances. Social Security, reforming the banking system, and regulating the stock market all prove the New Deal was a success. Before the creation of social security, many people of old age or with disabilities were not offered many relief options financially. But with the creation of the New Deal, FDR made relief for the physically and mentally challenged a reality. As stated by the Social Security Administration, the basic purposes of the original Social Security Act was to protect aged and disabled persons against the expenses of illnesses that may otherwise use up their savings and to provide for the material needs of individuals and families (SSA.gov). The creation of Social Security allowed those with physical or mental …show more content…

FDR and his administration passed several acts and laws to regulate their financial stance. For instance, the SEC (Securities & Exchange Commission) was created to supervise the stock market and protect the investors from any dishonest practices (Mr Kantor’s Website). This program definitely helped regulate the stock market by exposing all the risks that come along buying stock, but also helped place trust in the market and allowed people to trust the stock market once again. The SEC was one of the many acts passed by the FDR administration to provide a sense of relief for the American

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‘“In addition to jobs and assistance, Roosevelt and the New Deal provided another kind of relief of the spirit and psyche. Partly by means of his “fireside chats” over the radio, FDR was able to communicate to Americans his concern and optimism, and New Deal programs provided tangible effort that the president and the government understood and cared. The lifting of American spirits after the worst days of the early 1930’s was surely one of the administration's achievements (Jeffries). “The New Deal provided millions of Americans with the assistance they needed to weather the storms of the Great Depression until the United States could regain its economic footing. Without his help, millions of American families would have found themselves in much greater peril.

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The Lowdown on the New Deal To understand what the New Deal is you need to know about the Great Depression. During the Great Depression, Franklin Delano Roosevelt, known as FDR, was elect president when the Great Depression was at it’s worst time. In the olden days if you lost your job, you didn’t get any help from the Government. So, FDR came up with the idea of the New Deal. The New Deal is laws that were created to help citizens get money.

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