How Did The New Deal Affect The Economy

Social Security is an important thing that benefits people who are of old age or people who are deaf, blind, or disabled but what people don’t know is that the New Deal, which was President Roosevelt’s economic plan, made that possible. The New Deal was in response to the Great Depression which was a difficult time for most Americans as industrial production fell and many Americans were left unemployed and the banks themselves were going down because of the loans that Americans took out and accounts even began to shaken. It really hurt the economy during that time period but Franklin Roosevelt had a plan to change all that and compensate for the loss. The New Deal were a set of laws that Roosevelt and Congress created that would help in banking failures, agriculture, business, and unemployment. …show more content…
Disadvantages was Congress cutting the WPA’s (Works Progress Administration) funding in half which lowered the unemployment rate to 19%. In my own words, I think the overall effect of the New Deal was generally positive as it tried to help the Americans in many ways as possible but also had people who opposed it like southern Democrats or rural Republicans. Ways in which the government’s role in the lives of the Americans increased through the New Deal’s programs was a broader and more structured government from the private companies, the WPA program, and the increase of gross domestic product (GDP). But the New Deal also had negative aspects in the roles of the African Americans as it didn’t really help them at