Effects and Causes of the New Deal Program
-The Deal Programs were made to end depression in the 1933 and to “stabilize” America’s economy and to provide jobs, Franklin D. Roosevelt hoped to give relief to those who were suffering and restore prosperity to Americans. The Federal Housing Administration. This was made to aid the housing crisis of the Great Depression for people who were struggling, it was designed to regulate mortgages and housing conditions.Emergency Banking Act which stopped Americans from withdrawing their savings from banks, then he urged them to put their savings back into the account.After that the Great Depression was still growing, and the unemployment rate was at staggering levels!. So that June,
June’s National Industrial Recovery Act was created. This act was made for workers which guarantees they would have the right to unionize or bargain for higher wages and better working conditions.Prohibition was also in effect during the new deals program, after the 18 amendment the world violence rate raised and more illegal activity happened with selling of alcohol. One of the quotes were “VOTE!VOTE!WE WANT BEER”. Soon the 21 amendment past which got rid of the 18 amendment..National Labor Relations Act, also was created (known as the Wagner Act) which soon made the National Labor Relations Board, it basically took care of wage growth.
Social Security Act of 1935 which set up a system of unemployment insurance and that the federal government would help care for dependent children and the disabled. The Glass-Segall act of 1933 Created the Federal Deposit Insurance Corporation, which insured the savings of the Americans if there was an event of a bank failure.the Works Progress Administration, created in 1935, also had a positive impact by employing more than 8 million Americans in building projects ranging from bridges and airports to parks and schools.There were many acts created with these new deals, some are still in effect today. This New Deal Progams were made in result of the WW2 massive war production and the effect that it made on America’s unemployment rate.