The Depression: Two Phases Of The New Deal

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#4) The New Deal was created in the time of the Depression in the United States. There were two phases to this policy created by Franklin D. Roosevelt when he became President of the U.S. The first phase was from 1933 to 1935 and the second from 1935 to 1937. During the first phase, seven policies were created. These policies were the Emergency Banking Act, the Agricultural Adjustment Act, the Civilian Conservation Corp, Wall Street, the Public Works Act, the National Recovery Act, and the Tennessee Valley Authority. The EBA as the first policy of the New Deal was very important. In this policy, the United States had to have the ability to spend money for the economy, so they did away with the gold standard. Now the country used a piece of paper to buy what they needed. Only banks that were in good condition would be the ones to stay open and have what the government called a "Bank Holiday." The second policy, the Agricultural Adjustment Act, focused on all the farmers that made their living on their products. The value of their goods had dropped dramatically so something needed to be done to help them during this time and that …show more content…

The Social Security Act would give those who were over sixty five years old some type of aid every month and also create jobs for people. This policy also gave those who didn 't work some money so that they could survive more than they could have without money. The results of the New Deal were that people got jobs and money they needed. They were able to get money even if they weren 't working, which helped the people of that time. Despite all this, the New Deal did not end the Depression like it had hoped to do. What it did was show the people what the government was supposed or what they could do for them. As these policies came to light, people started wanting more and more so that they could continue getting jobs or money or whatever else they

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