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To What Extent Did The New Deal Strengthen Or Weaken The Usa Capitalism

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Introduction: The Great Depression was considered to be one of the darkest times in America’s history. It all began in 1929 and lasted about a decade. At the beginning of the Great Depression, the banks failed, the stock market crashed, many people lost their jobs and the economy came to a near standstill. Franklin D. Roosevelt was elected president in 1933. He was president for three terms. During his presidency, he did everything in his power to end the depression and put Americans back to work. He is best known for a series of programs commonly called the New Deal. The New Deal was significant because it helped put America back on track. The New Deal created jobs, a better economy and, most of all, it created hope.
Significance and key objectives of the New Deal: The real significance of the New Deal was that it increased both the size and the power of the federal government. The federal government grew after the Civil War, but the New Deal sped up the growth rate. Americans were looking to the national government for assistance in all areas of their lives. FDR was the man for the job. The New Deal had three objectives. They were relief, recovery and reform.
The 3 R’s The administration knew that they needed to take immediate action or relief to stop the panic and downward spiral of the economy. To do this, FDR closed the …show more content…
Some of the Alphabet Agencies were struck down by the Supreme Court. In 1935, the Supreme Court declared that the NRA, an agency created by the National Industrial Recovery Act, was unconstitutional. When labor organized, they gained a lot of power, but also became more corrupt. All U.S. citizens were not helped by the New Deal. It mostly hurt the very poor and black farmers. Roosevelt’s AAA did not help the poor farmers. It encouraged them to farm less which it forced them to leave the land. The Wagner Act hurt black farmers by

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