The New Deal: The Cause Of The Great Depression
The New Deal was a success for many different reasons. The Great Depression started from 1929 all the way through 1939. During the depression a great majority of American Families lost all their money in the banks and all the banks shut down from the stock market also crashing. Something had to be done to get American citizens back in the loop and The New Deal was a great fix for the Great Depression.
A big problem during the Depression was businesses closing because of the lack of money. “The New Deal itself created millions of jobs and sponsored public works projects that reached most every county in the nation” (Independence Hall ushistory.org). All of the money being gone a lot of businesses could not stay open and the workers would also then lose their jobs. The New Deal fixed it by supplying jobs for men to work again to make money. The AAA act was put into play, “a core to plan to raise crop prices by paying farmers a subsidy to compensate for voluntary cutbacks in production.” (John Hardman, Web.Stanford.edu). Overproduction in food caused a deflation and farmers had too many crops and little amounts were purchased because people did not have enough money to buy crops. The CCC was another great way to help citizens, “CC), a program enacted by Congress …show more content…
to bring relief to young men between 18 and 25 years of age.” (John Harden, Web.Stanford.edu). This was government support and showed the New Deal was taking effect.
The Depression put families in very stressful situations and some men would leave he their families.
The New Deal improved depression, “In art the short term, New Deal programs helped improve the lives of people suffering from the events of the depression.” (Library of Congress, loc.gov). During the Great Depression suicide rate was 20% because of income troubles and maintaining a family. Stocks were the biggest problem that made the Great Depression. The Stock crash initially started it, “The New Deal stabilized the banks and cleaned up the financial mess left over from the Stock Market crash of 1929.” (Living New Deal, livingnewdeal.org) The New Deal wanted to fix what could be done from the initial
crash.
The New Deal overall was a great success. The stock market was the initial cause of the Great Depression. The New Deal fixed unemployment, created millions of jobs, help farmers, helped citizens, and more. The New Deal had a greater impact and made the Nation stronger.
A big problem during the Depression was businesses closing because of the lack of money. “The New Deal itself created millions of jobs and sponsored public works projects that reached most every county in the nation” (Independence Hall ushistory.org). All of the money being gone a lot of businesses could not stay open and the workers would also then lose their jobs. The New Deal fixed it by supplying jobs for men to work again to make money. The AAA act was put into play, “a core to plan to raise crop prices by paying farmers a subsidy to compensate for voluntary cutbacks in production.” (John Hardman, Web.Stanford.edu). Overproduction in food caused a deflation and farmers had too many crops and little amounts were purchased because people did not have enough money to buy crops. The CCC was another great way to help citizens, “CC), a program enacted by Congress …show more content…
to bring relief to young men between 18 and 25 years of age.” (John Harden, Web.Stanford.edu). This was government support and showed the New Deal was taking effect.
The Depression put families in very stressful situations and some men would leave he their families.
The New Deal improved depression, “In art the short term, New Deal programs helped improve the lives of people suffering from the events of the depression.” (Library of Congress, loc.gov). During the Great Depression suicide rate was 20% because of income troubles and maintaining a family. Stocks were the biggest problem that made the Great Depression. The Stock crash initially started it, “The New Deal stabilized the banks and cleaned up the financial mess left over from the Stock Market crash of 1929.” (Living New Deal, livingnewdeal.org) The New Deal wanted to fix what could be done from the initial
crash.
The New Deal overall was a great success. The stock market was the initial cause of the Great Depression. The New Deal fixed unemployment, created millions of jobs, help farmers, helped citizens, and more. The New Deal had a greater impact and made the Nation stronger.