Was the Economic Recovery of the 1930s a Result of the Effects of the New Deal?
“The economic recovery of the 1930s can be explained entirely by the effects of the New Deal.” How valid is this view?
In 1932 Franklin D Roosevelt won the presidential election as a response to the “Great American Depression” which saw the collapse of the USA’s economic life continuing throughout the 1930s as a result in the inadequate action of Presidents Calvin Coolidge and Henry Hoover to alleviate the sheer hardships that came with the depression. Roosevelt and the Democrats took a more interventionist approach to recover the economy, provide relief for the unemployed and enact reform in order to create a fairer society. “The economic recovery of the 1930s can be explained entirely by the effects of the New Deal.” The “New Deal” was the interventionist programme Roosevelt initiated to tackle the issue and is key in explaining the USA’s economic recovery of the 1930s and is split into two factors in order to determine the validity of the previous statement; the first hundred days known as the First New Deal and from1935 to 1937 known as the Second New Deal. However, there were other factors which were important in the recovery of the USA’s economy. The growing power of the Federal Government to defend these reforms. The rearmament in preparation for the Second World War that reduced unemployment and increased industrial production. However, it was Roosevelt himself that revitalised the economy as he went a long way to rebuild confidence with the American public. Therefore the New Deal was undoubtedly a considerable factor in explaining America’s economic recovery but other factors although associated with the New Deal were independently important in the economic recovery.
The economic recovery of the 1930s can be explained by the First New Deal, to an extent. During the first 100 days of Roosevelt’s office a flood of new legislation most becoming laws quickly providing relief and recovery. This meant that “Alphabet Agencies” were established and run by
In 1932 Franklin D Roosevelt won the presidential election as a response to the “Great American Depression” which saw the collapse of the USA’s economic life continuing throughout the 1930s as a result in the inadequate action of Presidents Calvin Coolidge and Henry Hoover to alleviate the sheer hardships that came with the depression. Roosevelt and the Democrats took a more interventionist approach to recover the economy, provide relief for the unemployed and enact reform in order to create a fairer society. “The economic recovery of the 1930s can be explained entirely by the effects of the New Deal.” The “New Deal” was the interventionist programme Roosevelt initiated to tackle the issue and is key in explaining the USA’s economic recovery of the 1930s and is split into two factors in order to determine the validity of the previous statement; the first hundred days known as the First New Deal and from1935 to 1937 known as the Second New Deal. However, there were other factors which were important in the recovery of the USA’s economy. The growing power of the Federal Government to defend these reforms. The rearmament in preparation for the Second World War that reduced unemployment and increased industrial production. However, it was Roosevelt himself that revitalised the economy as he went a long way to rebuild confidence with the American public. Therefore the New Deal was undoubtedly a considerable factor in explaining America’s economic recovery but other factors although associated with the New Deal were independently important in the economic recovery.
The economic recovery of the 1930s can be explained by the First New Deal, to an extent. During the first 100 days of Roosevelt’s office a flood of new legislation most becoming laws quickly providing relief and recovery. This meant that “Alphabet Agencies” were established and run by