When Roosevelt was elected as the president, he faced many problems such as banking failure and unemployment. Almost immediately, he called on Congress and began what is known as Hundred Days Congress. During this period of time, many legislation was passed to help banks recover, create jobs for the unemployed, and set up many agencies to help these causes. National Recovery Administration and Public Works Administration were created to help industries, labor, and the unemployed. Glass-Steagall Act created Federal Deposit Insurance Corporation. Unemployment Relief Act created Civilian Conservation Corps which hired many uniformed young men to do public works such as fire fighting and reforestation. Agriculture Adjustment Act also helped to solve overproduction of crops. Tennessee Valley Authority (TVA) was created, which would build dams and power plants and in many other ways salvage a vast impoverished region. This agency was

In conclusion, New Deal was and still is an essential part of the nations. Agencies and acts still existing have tremendous effects on us. Even though it was criticized for an enormous expenditures, every dime spent on it was worth it. It also paved the way for new programs such as Truman's Fair Deal. New Deal was a great program because it acted in a way as a first aid to the dying United States. It helped the United States just enough so that it would slowly recover. New Deal's greatest achievement was to restore faith in American democracy at a time when many people believed that the only choice left was between communism and fascism.

Contrast to what people believe, New Deal did not end the Great Depression. However, through New Deal, Roosevelt sought to solve the immediate problems that threatened the United States. Author Kenneth S. Davis states, "...New Dealers pointed out that relief- not economy- had been the primary object of their multi-front war on the depression." ( Davis, p147) Although long term goal of New Deal was to end the depression it really never did. Unemployment rates were down from before the election, but statistics show that it was steadily going up even after the New Deal recovery until the World War II.

Many economists believed that its greatest failure was its inability to bring about complete economic recovery. Many economists called for massive deficit spending to promote recovery. However Roosevelt remained unpersuaded. There were even more farm surpluses under Roosevelt than under Hoover. Also the national debt had skyrocketed from the already enormous figure of $19,000,000,000 in 1932 to $40,440,000,000 by 1939. This is an outrageous spending considering the nation was going through economic troubles. "Despite some $20,000,000,000 poured out in six years of deficit spending and lending, of leaf raking and pump priming, the gap was not closed between production and consumption" (Parrish, p195). After all that trouble to get consumption to match the production, New Deal really didn't do much to close the gap. There were still overproduction of goods and not enough consumption to match the pro

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Approximate Word count = 1461
Approximate Pages = 6 (250 words per page double spaced)