How Did The New Deal Affect The Economy In The 1930s

The 1930’s, the worst depression ever seen in the United States. America witnessed the breakdown of its economy and the effects that it had spread throughout the United States and drastically the unemployment rate rose. A grand total of sixteen million people were unemployed and it was time for a change. America Ready for a change elected Franklin D. Roosevelt in 1932 and this move brought a new period of time for Americans. The New Deal has emerged with his election but was it what America really needed to jump start the economy. While Roosevelt and the people thought that the New Deal solved everyone’s issues, this did not happen. However, there were many things that were successful; the administration changed the relations between the people …show more content…
When the banks reopened many people decided that it was safe to reinvest their money and trust in his plan. In the first 100 Days relief program, there was a huge group of laws and policies which were thought to solve the country’s problems. The other Acts within the '100 Days´ were the AAA, TVA, HOLC and NIRA. These programs were put in place and designed to help as many people as possible and also as quickly as possible. Unemployment was a major issue in the 1930’s. Firstly, relief was given to the people unemployed with the help of a 500 million-dollar Federal aid package. Roosevelt knew that the plans he had wouldn’t solve everything and might only be temporary so he proposed a public works program which employed many people and in turn the unemployment rate lowered. There were Three big ideas to give jobs to those who were unemployed. The Civilian Conservation Corps which provided work for the young. The Works Progress Administration. Which conducted large public works. It gave jobs to about 2 million people and kept them busy on projects such as schools, roads, Dams, community schemes etc Rockefeller’s The Great Depression