New lasting effect not only on the country but

 

 

                                                  

 

New Deal or No Deal

Sarah Enwright

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POLS 1101: American Government

1/26/18

Dr.
Andrea M. Peterson

New Deal or No Deal

“I pledge you, I pledge
myself, to a new deal for the American people.” – Franklin D.  

The Mastermind

For starters, it is important to look at the man that
enacted the New Deal, President Franklin D. Roosevelt. After taking office in
1933 he launched a series of programs to help the economy and address a number
of different reforms after the effect of the Great Depression (Social Welfare
History Project 2017). America’s new president was set on lifting the country
out of the dark times it was experiencing and would enact several policies,
programs, and reforms in order to keep the pledge he made during his campaign.
According to the Social Welfare History Project, the “Hundred Days” is known as
the three months after Roosevelt was elected into office, in which he made most
of his New Deal policies (2017).

Significance

The New Deal
isn’t just about Roosevelt and his idea to make it a success. The New Deal has
had lasting significance in the history of the United States. The reforms and
agencies set in place had a lasting effect not only on the country but also on
the citizens, leaving a stronger sense of security that had gone missing during
the Great Depression. The Library of Congress states that while helping the
people and country recover was one of the main goals of the New Deal, it also
helped shape the federal government so that it played a better role in the
economy and national affairs (n.d.).

Key Objectives

There are three key objects of the New Deal that can
be stated as such: relief, recovery, and reform. After the devastating effects
of the depression, it was important to the United states’ new president to
improve the government’s role in America and thus bring the country to a more
stable and prosperous time. Relief was given in the form of bank holidays and
relaxing the ideals America was being held to. Recovery came by offering the
people new jobs and creating several different programs to stabilize the
economy. With reform, there were a few key objectives but according to
Roosevelt, the corner stone for the New Deal was the Social Security Act of
1935. This act made a point of proving that individuals have clear social rights
and would help with general welfare (Hardman, 1999).

Alphabet
Agencies

            According to ushistory.org (2017), “An armada of
government bureaus and regulatory agencies was erected to service the programs
of the New Deal. Collectively, observers called them the ‘Alphabet Agencies’.” These
Agencies included the CCC, CWA, WPA, NRA, AAA, SEC, FHA, HOLC, USHA, PWA, NYA, and
NLRB (ushistory.org, 2018). The FHA (Federal Housing Authority) supplied interest
loans for new home construction, while the HOLC (Home Owners Loan Corporation) gave
homeowners the opportunity to refinance mortgages to prevent foreclosure (ushistory.org,
2018). Ushistory.org (2018) also talks about the NYA (National Youth Administration)
which provided college students with work-study jobs, and the NLRB (National Labor
Relations Board) which served as a liaison between deadlock industrial and labor
organizations. Finally, another group worthy of mention, is the SEC (The Securities
and Exchange Commission) that served as a watch on the stock market. (Ushistory.org,
2018)

 

Benefited the
Least

             

Conclusion

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References

Social Welfare History Project. (2017). President
Roosevelt’s New Deal. Social Welfare
History Project. Retrieved January 26, 2018 from http://socialwelfare.library.vcu.edu/eras/great-depression/the-new-deal/

Ushistory.org. (2018). FDR’s Alphabet Soup. US History Online Textbook. Retrieved January
26, 2018 from http://www.ushistory.org/us/49e.asp

American Psychological Association. (2010). Publication
Manual of the American Psychological Association (6th Ed.). Washington, DC.

Peterson, Andrea.
M, (2016). APA Sample Paper and Template. Retrieved August 22,
2016 from https://chattahoocheetech.blackboard.com

 

 

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