What did the New Deal help America recover from?

Answer 1

It gave money back to the tax payers It created desperately needed good paying jobs It encouraged wealthy people to do the same thing It made trade easier with Mexico It allowed construction companies to make a large profit

Answer 2

Franklin Delano Rooseveltâ??s â??New Dealâ?? effort brought needed jobs to Americans following the Great Depression. Young men lived in work camps while working in the Civilian Conservation Corps and the Works Progress Administration gave jobs to researchers, writers and editors.

Answer 3

Franklin Delano Roosevelt's New Deal made many unsuccessful expensive trys to help US economy recover during and even following the Great Depression. Sometimes, there was limited success as in WPA or Works Progress Administration which built many bridges/buildings/roads during 1930s. Once or twice, the "Three Letter Group" head even admitted failure to stimulate the economy. After Dec. 7,1941, Pearl Harbor tragedy, the economy improved due to many man away in the War and the pressing need for war goods/services to sustain the troops, airmen, and sailors in the War. Many women such as "Rosy the Reveter" earned good salaries while contributing their skills to the war effort.

Answer 4

It created desperately needed good paying jobs Additionally. : In the wake of no House GOP support (and very few of the GOP reps in the Senate) of any stimulus packages consider the alternitives they propose. Nothing except tax reduction and deregulation. Here is a parallel history of what can happen when we fail to act. : Look how unemployment rose over a 5 year period (1929 -33 , house & senate Republican controlled). Notice that when WWII began in 1942 the unemployment rate was 9.9%, reduced to about what it is today. This is the time period that conservitive talk show host today say FDR had failed and his policies did not work. : But gee-wiz unemployment was reduced by 15% from 33 to 41 (then war came and saved us ? ). Now do not forget that after the war , with hundreds of thousands of GI's coming home with no jobs, new deal policies continued and massive amounts of federal dollars were spent to help businesses re-invest and retool in the peace time economy. The GI bill was passed that led to the creation of our modern middle class and that we enjoy today ( but has been on the decline for 20 years). : The point I am making is that our economy was collapsing for 6 years under the hands off, market will take care of itself polices of the 20's and 30's. Now we are in a parallel economic crisis directly tied to parallel economic policies. It is important that we invest in our economy before we get to the 25%unemployment rate of 1933. : I agree that this is an over-simplification of our economic problems, but so is bulk of complaints coming out of the conservative media. We did not learn from history so we get to repeat it. : Bureau of Labor Statistics : This article was originally printed in the Fall 2001 issue of Compensation and Working Conditions. : From an estimated annual rate of 3.3 percent during 1923-29, the unemployment rate rose to a peak of about 25 percent in 1933. The economy reached its trough in 1933; but although unemployment had reached its peak, economic recovery was slow, hesitant, and far from complete. As shown below, the unemployment rate was still nearly 15 percent in 1940. 37 : Herbert Hoover, who had been elected President at nearly the peak of the economic boom of the 1920's, was presented with an economic situation for which precedents were few. At the time, it was generally felt that economic laws made departures from full employment self-correcting. However, the deepening of the downspin cast doubt on policy based on this view, and a new administration was elected in 1932 on a platform of more active economic policy. : In March 1933, Franklin D. Roosevelt was inaugurated President and initiated a series of aggressive measures, collectively known as the New Deal, in an attempt to revive the economy from the Depression. New Deal legislation brought unprecedented Federal Government involvement to the economy. : Year Unemployment rate : 1923-29 3.3 : 1930 8.9 : 1931 15.9 : 1932 23.6 : 1933 24.9 : 1934 21.7 : 1935 20.1 : 1936 17.0 : 1937 14.3 : 1938 19.0 : 1939 17.2 : 1940 14.6 : 1941 9.9 : 1942 4.7

Answer 5

In my opinion, it actually deepened and extended the length of the depression.

Answer 6

it created desperately needed good paying jobs

Answer 7

it gave money back to the tax payers