Roosevelt's New Deal and the programs that came with it had a great impact in economic, social, political, and philosophical aspects. In the economy, the New Deal led to the end of the Great Depression, provided jobs, and restored profits. Socially, the New Deal reduced or ended suffering for millions of people throughout the country. Politically, it worked to restore confidence in the government. Philosophically, it led to the government supporting the 'common man' over business interests.
The New Deal had a few major achievements, economic recovery being a big one of them. The development of the New Deal enabled stabilization of the failing banks. Nearly half the banks had failed and the New Deal stopped them from continuing to fail. It also cleaned up the financial mess left behind from the Stock Market crash of 1929. It also was very beneficial with job creation. With the making of multiple special agencies and programs, millions of workers were able to find jobs and provide support to their families. With all of these new jobs, along came the building of hundreds of thousands of highways and bridges, hospitals, schools and libraries, post offices, and many other public works that are still used today. |