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New Deal

analytical Essay
788 words
788 words
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Franklin Roosevelt’s “optimism and activism that helped restore the badly shaken confidence of the nation” (pg. 467 Out of Many), was addressed in the New Deal, developed to bring about reform to the American standard of living and its low economy. It did not only make an impact during the Great Depression. Although, many of the problems addressed in the New Deal might have been solved, those with the long lasting effect provide enough evidence to illustrate how great a success the role of the New Deal played out in America’s history to make it what it is today. Although, the growth of business was booming and consumption was extremely high during the 1920’s employers failed to equally distribute the benefits to its industrial workers who got the short end of the stick and did not see any profit from productivity. Since there was no law at the time established on how many hours a person was to work and get paid, employers would overwork and underpay the laborers. This became a major problem because it brought about high unemployment rates, which for laborers, the shortage of jobs meant strong competition among each other for finding and keeping a job, and low wages, which brought down consumption. Several of the policies created to specifically help the jobless during that time were, Emergency Relief Appropriations Act (1935) run by the Public Works Administration (PWA), designed for the construction of public building, roads, dams and other projects. Federal Project No. 1, also run by PWA, gave jobs to writers, musicians, and artist. “The idea was to provide jobs and thus, stimulate the economy through increased consumer spending”. (pg 469 Out of Many) The most benefited policies created through the New Deal for employment, one, the Social Security Act (1935), provides “old-aged pensions and unemployment insurance. A payroll tax on workers and their employers were created a fund from which retirees received monthly pensions after age sixty-five.” (pg 470 Out of Many) Second, National Labor Relations Act (1935), also known as the Wagner Act, gave Americans the right to form a union and bargain with their employers for better pay and working conditions. Third, and the most important one of all Fair Labor Standard Act (1938), it established a minimum wage and maximum hours for an employee. Roosevelt’s first order of business as President was to put a halt on the banking system. Congress passed the Emergency Bank Act, which gave him leeway to all banking transactions and foreign exchange.

In this essay, the author

  • Explains that roosevelt's "optimism and activism that helped restore the badly shaken confidence of the nation" was addressed in the new deal, developed to bring about reform to the american standard of living and its low economy.
  • Explains that while business was booming and consumption was extremely high during the 1920's, employers failed to equally distribute the benefits to its industrial workers who got the short end of the stick and did not see any profit from productivity.
  • Explains the emergency relief appropriations act (1935) run by the public works administration (pwa), designed for the construction of public building, roads, dams and other projects.
  • Describes the most benefited policies created through the new deal for employment, such as social security act, national labor relations act and fair labor standard act.
  • Analyzes how roosevelt's first order of business was to put a halt on the banking system. congress passed the emergency bank act, which gave him leeway to all banking transactions and foreign exchange.
  • Explains how the federal deposit insurance corporation (fdic) insures deposits in banks just in case the bank fails, and the costumer would be left with nothing in their pocket.
  • Explains that industrialization destroyed natural resources and damaged the environment. the civilian conservation corps was instituted in 1933 to help in conservation of water, timber, and soil.
  • Opines that the new deal did not challenge big business, which is why many policies created were not as effective and didn't help end the industrializations greatest problem, the great depression.
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