Essay On The New Deal

The Great Depression was a time of pain, economic and physical suffering for the United States. Americans were used the luxuries of life, but when the stock market crashed in 1929, the country went into an economic slump. Americans went from the party and joy from the 1920’s to hardship and sadness. Millions were unemployed, and many were starving. To solve this problem President Franklin Delano Roosevelt created the New Deal to help the economy. The New Deal was a series of government programs designed to help get the nation out of the economic slump, and to save people from starving. Although there were many positive thing that came with the new deal there were also many negative things. The New Deal was not a success because it was unfair
Starting in 1931, the unemployment rate was at 15.3%, then in 1932, the unemployment rate increased to 22.5%. SO in 1933, Franklin Delano Roosevelt released the First New Deal which reduced the unemployment rate by two percent to 20.6%. The unemployment rate continued to decrease all throughout the first and Second New Deal. In 1937 when the Second New Deal ended the unemployment rate was at 9.1% more than ten percent lower than when the First New Deal was written. However, the year after that, in 1938 the unemployment rate increased back to 12.3%. Then in 1939, the unemployment rate when down a little bit, but it was still at 11.3%, which was higher than it was when the new deal ended. The unemployment rates did not get better until 1940 when World War II started, when it went down to 9.5%, and then in 1941 the unemployment rate was 6%. Although many people claim that because the unemployment rates were decreased after the First and Second New Deals went into place, the unemployment rate went back up as soon as the new deals ended, so the new deal was not a success because it did not permanently help the unemployment rate stay down, there for it did not have lasting effects on the