Was the New Deal Succesful Essay - 582 Words

Henry Ford once said â€Å"Coming together is a beginning; keeping together is progress; working together is success†. The new deal depended on the whole nation working together to strive for relief, recovery, and reform. Whether or not the new deal was a success depends on what one believes the new deal was designed to achieve. To me, the new deal was implemented to aid in restoration of the economy of the United States, not to simply fix the economy. The new deal greatly repaired the economic condition of the United States caused by the great depression, however, it did not fully restore the economy to the peak point that it was at before the stock market crash on October 29, 1929. The new deal was a set of relief programs to provide out†¦show more content†¦The Agricultural Adjustment Act (AAA 1938) restricted agricultural production by paying farmers to reduce crop area. As a result of reducing the amount surplus crop produced, the value of crops would increase. The money for these bonuses was collected through taxes solely on companies which processed farm products. Now for the big question: was the new deal successful? Well once again, that depends on one’s definition of success. The new deal did was not 100% successful as it did not fully restore the economy to its maximum potential, but it did in fact greatly improve the economy and set it on the right course toward growth and greater improvement. With help from the new deal, America’s Gross National Product rose approximately 65% from 1933 to 1939 and the amount of consumer goods purchased rose approximately 70% from 1933 to 1939. Before the Wall Street stock market crash, America was at its economic peak and when the great depression struck, America was at its economic base. The new deal improved so many aspects of the economy which was been drastically damaged by the great depression. The federal emergency relief administration was created to provide direct help to the states, which then were able to help the unemployed within the respective states. The new deal desired to pr omote recovery and so the National Recovery Administration was created. The NRAShow MoreRelatedThe Aftermath Of World War I903 Words   |  4 Pagestake some action in 1932, after realizing that that the nation was only falling further into the de! pression. Created to promote the idea of t.rickle-down economics, the Reconstruction Finance Corporation was meant to aid large business (via half a billion dollars)b in hopes that the â€Å"support† would trickle-down to the public in the form of more work opportunities and thus increased goods production. Despite his best efforts, the plan was seen as too little, too late and failed to make a differenceRead MorePresident Franklin D. Roosevelts New Deal and Unemployment1355 Words   |  6 Pages The New Deal was President Franklin D. 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