Title: Effects of the New Deal | Mr. Adams ACEC
Headings: Effects of the New Deal
Effects of the New Deal
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Content: February 16, 2011 at 8:39 pm
Four positive results of the New deals are regulating the stock markets (SEC, Securities and Exchanged Commission), employing the American people, guaranteeing money back if banks close (FDIC, Federal Depositors Insurance Corporation), building for the public (PWA, Public Works Administration), and also to aid farmers with controlled prices (AAA, Agricultural Adjustment Act). Three negative criticisms about the New Deal are that many people (especially the Republicans) didn’t believe the government should be involved with the various programs, people started to demand more, and heavy taxes on the rich to provide equality in the incomes (leaning more toward socialism??) Honestly, I really don’t know about both, yet I am leaning more toward the WW ll idea. If we didn’t enter the war and stayed isolationism, we the American people will still be barely surviving with the New Deal. The war brought more services to be available, and it brought more people to fight in the war. Reply
caroleibryan says: February 16, 2011 at 8:49 pm
Benefits
1. Psychologically the New Deal helped Americans because they felt like the government was doing something to help their lives and that the government was on their side. 2. It expanded the government spending and power
3.