In the midst of the Great Depression, America elected a new president. This new president was Franklin D. Roosevelt. Taking office in 1933, he immediately began a series of federal programs. This New Deal program had four main goals; economic recovery, job creation, investment in public works, and civic uplift. FDR planned on executing these goals in a period known as the Hundred Days.
Roosevelt’s New Deal was revolutionary to America in many aspects, including in daily life and politically. The New Dealers were very efficient at meeting the problems of governing and bettering the lives of the people. Within the promised hundred day time frame, he managed to pass more than 15 major pieces of New Deal legislation.
The New Deal brought significant changes to the employment, banking, rural, housing, labor relations, and retirement industries. All of these major changes created an entirely transformed nation. The nation under FDR’s rule had ...view middle of the document...
Widespread banking failures caused the public to lose faith in the system. Roosevelt aimed to restore this trust. He passed the Emergency Banking Relief Act, Banking Act of 1935, among others. The public eventually began to deposit their money into savings again, and the baking system was restored. Till this day, some of these programs such as the FDIC are still in effect.
The people who were the hardest hit by the depression were the farmers. Many lost their land and overproduced. The Agricultural Adjustment Act lowered production and raised crop prices which put money back into farmer’s pockets once more. The development of dams in the Tennessee Valley led to an increase in jobs and power supply.
After living in shantytowns for years, Americans home ownership finally improved in the New Deal. Through various programs such as the Federal Housing Administration, the American people could now get loans or insurance to buy or build homes. Many people could now afford to live in a stable home, whether it was private or public housing.
Working conditions changed significantly as well. The National Labor Relations Board rid unfair labor practices and settled disputes between workers and employees. The Fair Labor Standards Act established a minimum wage and maximum amount of hours for the whole nation. It also set guidelines for the working age. The basis of modern work policies today are primarily the same as the terms set up in the New Deal.
One of the most important achievements of the New Deal Program overall was the Social Security Act. The Social Security system allowed retired workers to have a steady source of income, as well as unemployed workers to get compensated. Disabled people and depended children were also provided with financial aid. Today this is still intact, allowing people to live comfortable lives upon retirement or inability to work.
Overall, the New Deal was very vital to American history. It changed the direction of the Great Depression and led America to become the nation that it is today. A lot of the programs instilled in this time period are so important and changing, that they are still used today. Roosevelt created a truly revolutionary program, fixing America in one of its greatest times of struggle.