Saturday, May 23, 2020

The Success of the New Deal in Solving the Problems Caused...

The Success of the New Deal in Solving the Problems Caused by the Great Depression Introduction- In the late 1920’s and early 1930’s the whole of America was in a deep depression and was in desperate need of help. When Franklin D Roosevelt was elected president of USA he came up with the plan of â€Å"the new deal† this was a planned guideline to regenerate money and the high standards of living the Americans once had not so long ago. He introduced 5 major organisations to restructure the American way of life they were now facing; these were the F.E.R.A, C.C.C, A.A.A, T.V.A and the N.R.A. In this essay I am going to study if â€Å"the new deal† was successful up to 1941. During the Great Depression, when†¦show more content†¦He asked Congress to create â€Å"a corporation clothed with the power of government but possessed of the flexibility and initiative of a private enterprise.† On May 18, 1933, Congress passed the TVA act. Right from the start, TVA established a unique problem-solving approach to fulfilling its mission-integrated resource management. Each issue TVA faced—whether it was power production, navigation, flood control, malaria prevention, reforestation, or erosion control—was studied in its broadest context. The N.R.A was an act called for industrial self-regulation and declared that codes of fair competition-for the protection of consumers, competitors, and employers-were to be drafted for the various industries of the country and were to be subject to public hearings. The administration was empowered to make voluntary agreements dealing with hours of work, rates of pay, and the fixing of prices. The AAA paid farmers not to grow crops and not to produce dairy produce such as milk and butter. It also paid them not to raise pigs and lambs. The money to pay the farmers for cutting back production of about 30% was raised by a tax on companies that bought the farm products and processed them into food and clothing. The AAA also became involved in trying to help farmers destroyed by the creation of the dust bowl in 1934. The Federal Emergency Relief Administration, or FERA, is a governmentShow MoreRelatedThe Great Depression Trademarks America1544 Words   |  7 Pages The Great Depression trademarks America at its all-time historical down point. In FDR’s Folly, Powell spotlights the presidency of Franklin Delano Roosevelt, astronomical levels of unemployment, as well as the New Deal program developed to combat the Great Depression. Powell, who was born and educated in London, earned a master’s degree in history and he clearly demonstrates his views to the reader. 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