Workers And Seniors In Roosevelt's New Deal

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The New Deal Essay Acts associating with Workers and Seniors in Roosevelt’s new deal were very successful in assisting the recovery of the economy during the great depression. For example The Civilian Conservation Corporation which provided jobs for young men (18-25 years of age) on conservation projects. The program was a major player with the decrease in unemployment due to the depression, after the addition of new deal acts that provided jobs like the CCC the percentage of unemployment of non farm workers decreased from about 35% to around 2%; a significant decrease of 33% (J). Even for the many African American and Chicano minorities this program (as well as similar acts) were very advantageous. Despite the discrimination these groups …show more content…
One example of this would be the Federal Deposit Insurance Corporation which was set up to further protect bank deposits up to 5,000 dollars. This made it so that public confidence in the banking system was increased making people more lenient to leave their money in banks. The Securities and Exchange Commission is another example; they helped by supervising the stock exchange and putting a stop to dishonest practices. By doing this stock was regulated to prevent fraud for the benefit of the investors on the stock market. Another successful new deal act was the Glass-Stegal Act. This act made it so that it was prohibited for commercial banks to associate with the investment business using deposited money. In doing so this made banks a safer place to store money for citizens and helped banks gradually regain stability after the bank run of 1930. The FDIC, SEC, and Glass-Stegal Act all contributed in changing the role of the federal government. Before the new deal banks had more control over their deposited money which caused them to be reckless and use the money to make investments for their own benefit. These acts made it so that the federal government could regulate the people’s finances by having more control over the banking …show more content…
On top of the new deals obvious effects from the acts the new deal also helped in other ways. For example Roosevelt’s new deal made our federal government a more organized and effective system. In the executive branch this was done by appointing a more divided planning board and in the Judicial branch the Court Packing plan made the Supreme Court more revivified (H). Another example would be the impact of Roosevelt’s administration on African American citizens. The administrations doctrine that African Americans are in fact a part of the country and must be considered in any of the new deal programs was a great contribution (I). This shows that the government was beginning to acknowledging African Americans as equal citizens in the country. Although all these acts were put into place the great depression did not really end till World War II. This is because the new deal was a process that gradually developed (evolved) to show its effects, unlike a revolution where the effects would be instantaneous and clear (C). The new deal as a whole changed the role of the federal government tremendously. Before the new deal the federal government was not suppose to

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