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2 March, 19:05

The New Deal changed the role of the federal government in people's lives. In 3-5 sentences, evaluate whether this was a positive or negative change. Describe 2-3 New Deal programs that were effective or ineffective to support your evaluation

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  1. 2 March, 19:23
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    Answer: Banking Law, Public Works Program, National Industry Restoration.

    Explanation:

    The New Deal has had a relatively positive track record in addressing the US economic crisis. The Roosevelt government offered this package of economic reforms, and on this occasion, we will single out only a few.

    In 1933, the president closed a large number of banks and obliged Congress to check their operations. Congress formed a committee that was tasked with securing the roles. The bank audit restored the hope of the Americans that they would not lose their savings in the event of a nanny crash.

    The public works program involved the rehabilitation of roads, bridges, and public areas. This program has had a positive impact on society as it employs tens of thousands of residents who have previously lost their jobs.

    The price drop of the 1930s product. It caused business failures and unemployment. The National Industry Renewal Act was enacted to stem the fall in prices and to facilitate employment. The Act also allowed trade associations in many industries to set out codes for wages, working conditions, production, and prices. The National Industry Restoration Act also stipulated a minimum wage.
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