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History paper essay New Deal
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During Franklin D. Roosevelt presidency, Franklin expressed multiple ways that the economy could once be prosperous again and how to bring relief to americans. This plan was called the New deal and included FDR’s multiple benefits towards the economy and Americans, but also the various drawbacks to individuals portraying the economy and Americans. FDR was a very determined and ambitious man due to his handicapped conditions. FDR never gave up and stayed strong on his ideas about the New deal and his plans for the American people.
During the second new deal, he changed direction because his popular support began to ebb. During the summer of 1935, also known as the ‘second hundred days,’ he passed progressive legislation that dedicated the government to providing a minimum level of social and economic protection. It had three major initiatives: the Works Progress Administration, the Wagner Act, and the Social Security Act. The Wagner-Connery National Labor relations act guaranteed the labor unions the right to organize and bargain collectively, and establish national labor relations bound to enforce these rights. It also curbed the use of practices like blacklisting, and union membership grew to over 13 million during WWII.
During World War I and the 1920s, the American economy was flourishing due to the increase in jobs and production which supported the war effort. However, underlying problems brought about by the end of the war: over speculation, inflation, and unemployment were growing increasingly detrimental. Eventually, after the stock market crash of 1929, the American economy fell into a depression. Faced with severe unemployment and food shortages, President Hoover struggled to restore the economy. In 1932, Franklin D. Roosevelt was elected president and he began to implement his New Deal programs.
President Roosevelt had many supporters but he also had many opponents during his year in office. Conservatives or the “Rights”, argued that the New Deal programs that provided more government activity weakened the autonomy of American business. They also claimed that the effort to aid nonbusiness groups was too much. They were using too much government funded money to support unemployment. Bankers and industrialists created the American Liberty League to try to end the New Deal, which did not work.
The stock market crash caused a chain of events that ended with 13 million unemployed Americans. Herbert Hoover the current president believed that the economy would fix itself. Hoover’s economic plan was to use the trickle down system, meaning that if the money started at the top it would trickle down to the bottom. His hope was that if he gave money to the federal government they would give money to businesses, businesses would create jobs, and the workers with these jobs would spend money. However, that didn’t happen and by the end of his term many people criticized him for the little involvement he put into ending the depression.
Critics perceived Roosevelt’s New Deal as the pathway to socialism, which leads to communism, which America was greatly against. According to “Letter to Senator Robert Wagner, March 7, 1934.” it states, “it seems very apparent to me that the Administration at Washington is accelerating it’s [sic] pace towards socialism and communism. Everyone is sympathetic to the cause of creating more jobs and better wages for labor; but, a program continually promoting labor troubles, higher wages, shorter hours, and less profits for business, would seem to me to be leading us fast to a condition where the Government must more and more expand it’s relief activities, and will lead in the end to disaster for all” The author of this document is opposed to the policies of FDR during the Great Depression because they believe FDR’s administration is pushing the country towards Communism and Socialist ideas. The author views The New Deal as a threat to democracy and a dangerous expansion of power.
The Great Depression was a time of financial trouble for many Americans. During the Great Depression, many men stood in long lines outside soup kitchens to get some food. Franklin Delanor Roosevelt (FDR) was responsible for creating and implementing the New Deal that saved America after the Great Depression. The New Deal was important because the American economy was doing great and had to come out of it.
The ramifications of the Great Depression extended far beyond the borders of the United States, impacting countries globally. The labor movement faced immense challenges during this period as soaring unemployment decimated union ranks and bargaining power. However, a turning point emerged as unions regained strength and a surge of militancy took hold by 1933-1934. Two critical factors drove this revival: 1) the pro-labor provisions of the National Industrial Recovery Act (NIRA), and 2) the New Deal's economic relief and job creation programs putting people back to work and reinvigorating consumer demand. Section 7a of the NIRA proved instrumental to labor's restoration by granting employees the right to join unions and bargain collectively
After Hoover’s disastrous term as president, America was desperate for change. They sought for something new to help their economy and get them out of the horrible slump that they’d been in for far too long. In 1933, they put their faith in Franklin Delano Roosevelt and prayed for the best. Roosevelt ended up implementing many policies to try and help the American people. These policies were dubbed as The New Deal.
From 1929 to 1939, the Great Depression wrecked havoc upon the economy both nationally and internationally. Franklin Delano Roosevelt’s leadership as president of the United States and the New Deal Programs brought recovery to the nation up to a certain extent. The president’s predecessor, Herbert Hoover, layed down the foundation for what Roosevelt’s ideas would be based off of. Additionally, World War II served as an opportunity to increase demands for production and open jobs which was completed by everyone rather than tracing it back to only Roosevelt. Regardless, the 32nd president gave the American people hope and a sense of unity that serves as much greater in value in comparison to policies such as the New Deal Programs, not that the
New Deal The Great Depression began soon after the stock market crashed. As a result, the people lost their jobs, banks failed, and companies went bankrupt. One long term cause of the Great Depression was when people put their money in banks and when they went back to get It, It was not there because the banks had no money because they loaned it out to big companies and then the big companies were not making money so they could not pay the banks back. The second long term cause was when they had to shut down the railroad tracks because It was replaced by busses and cars.
President Franklin D. Roosevelt’s New Deal legislation restored the public’s confidence in the federal government through acts that protected and promoted the general welfare of American. The new direction abandoned the previous administration's laissez-fair style Roosevelt took immediate action after his inauguration signing the Banking Act of 1933. In the wake of the 1929 Stock Market Crash, the Banking Act, aliened with his first goal was to repair the people’s trust in the nation's financial system. Roosevelt described the law passed by Congress as having, “authority to develop a program of rehabilitation of our banking facilities.” The new regulations hinder the reopening of banks based on assessments that ensured only healthy banks would
Herbert Hoover, who was president at the beginning of the Great Depression, preferred the American system over giving the government more power to solve the economic problems in the U.S. Former President Franklin D. Roosevelt announced in his inauguration speech in 1933 that he had high hopes for his plans for when he became president during the Great Depression. Roosevelt’s idea was to create a series of programs to help ease the U.S. economic disaster. These programs came to be known as the New Deal. Problems such as agriculture, high taxes rates, and citizens living in poverty were a few examples that he hoped would be solved.
The New Deal had both positive and negative effects when looking back at it. One of the biggest positive aspects of the New Deal was the National Labor Relations Act. The result of this “was to inhibit employers’ opposition to union organization and true collective bargaining, so that trade union membership was more than doubled” (The New Republic, Doc 1). This helped the National Labor Relations Act become a very strong movement for the American people. Without a strong labor movement, the possibility of being industrially modern would not exist and it all started with the foundation.
America was losing its vitality; the stuffing that made it known as the land of the brave. But, the New Deal was a godsend for the US. FDR and the New Deal made the people believe that things were going to change. The president was going to make sure that everyone was going to survive and improve. One cotton mill worker said that, “Just knowin’ that for once there was a man to stand up and speak for him [the working man]... has made a lot of us feel a lot better even when there wasn’t much to eat in our homes,” (FWP)