New Deal Dbq

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New Deal In 1933, President Franklin D. Roosevelt enacted the New Deal to counter the effects of the Great Depression, which focused on the three ‘R’s: Recovery, Reform and Relief. It’s mostly split into two sections “First New Deal” which took place between 1933 and 1934 and the “Second New Deal” which took place between 1935 and 1938. Relief came in the form of public works. Many unemployed people were put to work on government financed public works projects, such as building highways, airports, and bridges. From 1933 to 1935, $3.3 billion was spent on these public projects. Food stamp programs, a welfare program that provides stamps to lower/no income people to allow them to purchase food. FDR believed in the reform and recovery of rural areas would allow for the depression to heal and enacted several groups (i.e. Tennessee Valley Authority, National Youth Administration, Civilian Conservation Corps) and several laws (i.e. the Agricultural Adjustment Act and the Rural Electrification Act) in order to combat poverty in rural areas. …show more content…

With unemployment rates reaching 25% of the population, declining wages and runs on banks, Roosevelt started his presidency by having 100 days of meeting with Congress to enact laws, bills and organizations that would help protect the people, such as the FDIC to insure bank accounts. Roosevelt created an “emergency budget” which was unbalanced on a temporary basis in order to combat depression. Roosevelt also created the Emergency Banking Act, which provided a system for reopening banks under the Department of Treasury’s supervision. After it was passed, many Federal Reserve banks opened and hoarded currency flowed back into the banking system to sustain it. We also suspended the gold standard for currency (a standard in which every US dollar was could be converted and back by

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