IndexThe New DealDevelopment and ImplementationImportanceKey ObjectiveAlphabet AgenciesLeast BenefitedConclusionThe New DealThe Great Depression really affected the way things were in America. Franklin D. Roosevelt was the president who faced this problem. It was something the president was optimistic about, saying he “promised a new deal and a new situation for the American people.” This showed America that Franklin D. Roosevelt was not afraid to take big steps to fix this country. It wasn't easy to execute, but it gave America a slight advance in the right direction. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an Original EssayDevelopment and ImplementationIn his first 100 days in office, Franklin D. Roosevelt developed and implemented the New Deal in 1933. This was the primary agenda for Roosevelt, and he believed that was the most important thing to do. The job market was in terrible shape and the poverty rate was at an all-time high. So, implementing such a plan was the best thing at this point for America. This was something that FDR believed would give America a sense of security. Significance This agreement was so significant because the federal government was given greater economic responsibility than ever before. Areas of uncontrolled trade that were not previously controlled by them are now controlled. This led to the resurrection of new jobs for Americans that had been lost during the Great Depression. The New Deal was also important because it began to take care of the basic needs of ordinary Americans. This alone helped the New Deal's credibility, because Americans had faith in it. Key Objective Roosevelt needed an organized plan to help with the New Deal. This is where the 3 Rs were introduced: recovery, relief and reform. The recovery was designed to help the economy get back on its feet after the Great Depression. The relief consisted of providing temporary assistance to jobless Americans. The reform sought to find the roots of the problems of depression and see how to avoid them. These three R's were also important because they led to a greater focus on regulating banks and stock markets, helping farms, and reducing debt. This brings us to our next topic, Alphabet Agencies. Alphabet Agencies The ideology of the 3 Rs had an immediate impact, because it led to the initiatives of the Alphabet Agencies. A very important and aid-related agency is the Social Security Act. Over 40% of seniors lived in poverty. Prevents seniors from being poor in retirement. FDR strongly opposed seeing Americans poor after retirement. Another aspect that needs to be worked on is the banks. Citizens had no faith in banks, so FDR and Congress resolved the issue. They created the FDIC and banking reform, which meant the government could ensure their deposits were safe. If something were to happen to the banks, citizens' funds would be fine. The recovery side consisted of the National Industrial Recovery Act, one of the first attempts to help the economy. It was an act that helped keep the industry at decent wages in order to aid the recovery process of the economy. The Tennessee Valley Authority was very important. According to the Tennessee Valley Authority (2017), the act aimed to provide flood control and improved navigability. As a result, this act led to a huge rate of agricultural and industrial development. The Federal Housing Administration Act was supposed to help 50%..
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