FDRs new deal
When President took office in March of 1932 he had an idea of a plan, which would have to develop over time, which was the "New Deal for the American People". He believed that if this plan went through, it would solve the problem of the Great Depression and restore the American economy. President Roosevelt's New Deal that took time to develop included programs that would help the unemployed get jobs, social security issues such as welfare, and housing and agricultural recovery. Roosevelt also included programs to help the banking system. President Roosevelt's New Deal failed to restore the economy as Roosevelt had hoped it would, but in turn it helped the people that suffered the most from the Great Depression by giving the hope and confidence they needed.President Roosevelt was by far the most active president we have had, even though little progress was made. His first accomplishment when he took office was restoring the confidence people had lost in the banking system. He did not solve the prob
Roosevelt also aided the farmers through the Agricultural Adjustment Act. By August of 1933, 300,000 men were at work. President Roosevelt also tried to better the economy by causing inflation. lems of the banking system, but he did come up with the Emergency Banking Relief Act of 1933. The social security of the people had more importance than housing. Through these acts the government used millions of dollars to try to relieve farmers' economic crises. The Social Security Act of 1935 provided security for the elderly. The Glass-Stbagall Banking Reform Act, which forbade banks to invest customers' money into the stock market. The elderly were to receive money that was taken from employees. This act gave power to the government to control some of the banking systems and also allowed them to re-open financially secure banks. President Roosevelt also helped strengthen the policies for the building of houses. This meant that when employees retired, the money that had been taken away from them would be given to them in turn. But the New Deal failed to accomplish what it had in mind, FDR hoped that the people would support it and be happy, but the people were more worried about their social security. Overall it seemed that the "New Deal" was helping the economy, but it was a never-ending cycle where that no one could take advantage until an ample amount of time had passed.
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