New Deal Dbq

In response to the Great Depression, FDR’s Roosevelt’s New Deal brought the United States to the state of economic stability through programs that provided relief, recovery, and reform. Many of these programs successfully provided millions of jobs for Americans, improved labor conditions in some industries, and brought about new systems in the industry that overall took America out of the Great Depression.

It is important to note that one of the events that led to the outbreak of World War 2 was the Great Depression. Because the nations involved had such weak economies, problems started to arise between them. From 1929 to 1939, the great decline in the economy took 15 million Americans out of their jobs. President Roosevelt, in his First Hundred Days of presidency took it upon himself to provide relief to the

Federal Deposit Insurance Corporation (FDIC) and the Tennessee Valley Authority (TVA). In fact, the FDIC reestablished public trust and stabilize the banking system. It also maintained a great record of keeping insured funds from bank failure. For this reason, the public continued to trust the banks for years to come. Today, the Federal Deposit Insurance Corporation still stands as the nation’s agency that maintains stability and public confidence in the nation’s financial system. Comparatively, the TVA built dams to provide electricity, controlled floods, and built more industry funding. It started out as an effort to improve life in the Tennessee Valley but ultimately became a long-term reliable agency for America. As a matter of fact, it was ranked in the top 10 by Site Selection magazine for economic development among North America utilities. Particularly, “In 2014 alone, TVA’s economic development partnerships helped to create or retain more than 60,000 jobs and promote $8.5 billion in business investment in the region.” (Tennessee Valley