The new deal
The New Deal was a program that was set up by FDR to help America get out of the Great Depression. It consisted of many programs to help the people during a bad economy. These programs were the Federal Insurance Deposit Corporation, Social Security Act, Civilian Conservation Corps, Works Progress Administration, and many more. There were 3 R's in the New Deal, Relief, Recovery, and Reform. The Relief was there to help Americans who lost their jobs, but only temporary. Recovery was created to raise the economy through government spending. Reform was designed with many programs to make sure a depression like this will never happen again.
The FDIC program was created with the intent of reforming the nation. While banks failed and people who had their money in the banks lost it all, the FDIC made sure that if that happened again, that the people will have something left. They did this by closing all the banks for the Federal Reserve to strengthen the banking system. FDIC assured people that their money will never be lost again.The Social Security Act was created also to reform of the nation. It was created for retired citizens. During the 1930's 50% of senior citizens lived in poverty. FDR thought that there should be security for the senior citizens as well. They would have money monthly once they retire. This program still exists today because it was so successful in the 1930's.
The CCC program was created for the recovery part of the 3 R's. The CCC gave jobs to millions of Americans. It was to help those who were unemployed and lost their jobs because of the Great Depression. The jobs they gave them were mainly construction jobs that helped build roads, schools, hospitals, parks, and airports. This program not only gave jobs to millions of people, but also helped to improve the nation with the public projects. The WPA was very similar to the CCC, it also helped Americans by giving them jobs to create public works. This project or program helped to stimulate the economy.
The FERA, Federal Emergency Relief Agency was created for relief in the nation. The FERA was used to give money temporary for the poor. The government would assist the poor with aid for some time so that they don't die and have just enough money for food.
The FDIC program was created with the intent of reforming the nation. While banks failed and people who had their money in the banks lost it all, the FDIC made sure that if that happened again, that the people will have something left. They did this by closing all the banks for the Federal Reserve to strengthen the banking system. FDIC assured people that their money will never be lost again.The Social Security Act was created also to reform of the nation. It was created for retired citizens. During the 1930's 50% of senior citizens lived in poverty. FDR thought that there should be security for the senior citizens as well. They would have money monthly once they retire. This program still exists today because it was so successful in the 1930's.
The CCC program was created for the recovery part of the 3 R's. The CCC gave jobs to millions of Americans. It was to help those who were unemployed and lost their jobs because of the Great Depression. The jobs they gave them were mainly construction jobs that helped build roads, schools, hospitals, parks, and airports. This program not only gave jobs to millions of people, but also helped to improve the nation with the public projects. The WPA was very similar to the CCC, it also helped Americans by giving them jobs to create public works. This project or program helped to stimulate the economy.
The FERA, Federal Emergency Relief Agency was created for relief in the nation. The FERA was used to give money temporary for the poor. The government would assist the poor with aid for some time so that they don't die and have just enough money for food.
The video describes what the New Deal is, how it began and how it was during the 1920-30's.