The New Deal consisted of laws and policies enacted by President Franklin Delano Roosevelt during the early 1930s. His goal was to revive America's dwindling economy stemming from the Great Depression. Through the implementation of numerous Agencies, the New Deal helped reform, recover, and relieve America's economy and promote economic prosperity for many citizens. Development and Implementation At the time of Franklin Delano Roosevelt’s appointment as President on March 4, 1933, the U.S. economy was in distress and on the brink of collapse. Manufacturing industries and the Gross Domestic Product were down by nearly 50 percent. Additionally, a quarter of the banks across the nation were no longer in operation. Roosevelt quickly realized …show more content…
More important, a host of unemployed citizens face the grim problem of existence, and an equally great number toil with little return. (pg. 1) Roosevelt equated America’s current crisis to the Great Depression that altered the economy during the late 1920’s to early 1940’s. The Great Depression began after the stock market crash in 1929. The Depression impacted financial investments and consumer spending, which devastated the industrial market and fueled a conundrum of unemployment. Roosevelt’s implementation of the New Deal helped to ignite the country’s declining economy and curtailed the widespread poverty spurred by the Depression. The New Deal gave job opportunities to many and helped secure financial stability for many Americans (Hardman, 1999). Key Objectives Reform, Recover, and Relief were the key objectives of the New Deal. The New Deal comprised a conglomeration of laws, acts, and programs aimed at stimulating the economy and promoting political reform, recovery, and relief, because of hardships magnified by the Great Depression. Specifically, the New Deal provided aid to the poor and unemployed, spurred economic growth by increasing consumer demand and job opportunities, and helped reformed the financial crisis through new programs in the business and banking industries (Alchin, …show more content…
Mintz (2017) notes that the Farm Security Administration set up numerous camps for migrant farm workers across California. Additionally, the Works Progress Administration employed Mexican Americans for relief jobs. However, despite the perceived benefits the New Deal afforded Mexican Americans, the advantages were quickly outweighed by the negatives. Since many of the Mexican Americans were migrant workers, they did not meet the residency requirements to qualify for aid and assistance from the government. Additionally, they were not eligible for benefits offered by the National Labor Relations Act, Social Security, or able to receive workers' compensation