Did the New Deal Help or Hurt Our Country?
Did the new deal help or hurt our country?
In President Roosevelt’s Inaugural address, President Roosevelt said, “This nation asks for action, and action now.” He announced a special session of congress, which became known as the Hundred Days. During the Hundred Days, Congress approved numerous programs to battle the depression. Together these programs became known as the New deal. There are many reasons why I think the New Deal helped our country.
One reason I believe that the New Deal helped our country is because of its many different programs that helped get America out of the great depression. One program that the “New Deal” had was the SEC. The SEC stands for Securities and Exchange Commission. The mission of the SEC is to protect investors, and maintain fair, orderly, and efficient markets. Each year the SEC brings hundreds of civil enforcement actions against companies and individuals for violation of the securities and the companies that issue them. Without this program other people or companies doing insider trading can be making more money and not creating fair marketing for people buying products. Overall without the SEC the marketing business would fail completely because the SEC balances things out and it makes it fair for competing companies.
Another program that the New Deal had was the FHA. The FHA stands for Federal Housing Administration. The FHA insures bank loans for building and repairing homes. This helped so much during the Great Depression. This helped us get out of the Great Depression because many people during that time were homeless because they couldn’t afford houses. Many people couldn’t afford houses because they didn’t have jobs. Unemployment was a big issue during the great depression. When people were out of a job they were not making money so many people became homeless, but luckily when the new deal created the program called the FHA people were able to make houses and live in them and not be homeless anymore. This
In President Roosevelt’s Inaugural address, President Roosevelt said, “This nation asks for action, and action now.” He announced a special session of congress, which became known as the Hundred Days. During the Hundred Days, Congress approved numerous programs to battle the depression. Together these programs became known as the New deal. There are many reasons why I think the New Deal helped our country.
One reason I believe that the New Deal helped our country is because of its many different programs that helped get America out of the great depression. One program that the “New Deal” had was the SEC. The SEC stands for Securities and Exchange Commission. The mission of the SEC is to protect investors, and maintain fair, orderly, and efficient markets. Each year the SEC brings hundreds of civil enforcement actions against companies and individuals for violation of the securities and the companies that issue them. Without this program other people or companies doing insider trading can be making more money and not creating fair marketing for people buying products. Overall without the SEC the marketing business would fail completely because the SEC balances things out and it makes it fair for competing companies.
Another program that the New Deal had was the FHA. The FHA stands for Federal Housing Administration. The FHA insures bank loans for building and repairing homes. This helped so much during the Great Depression. This helped us get out of the Great Depression because many people during that time were homeless because they couldn’t afford houses. Many people couldn’t afford houses because they didn’t have jobs. Unemployment was a big issue during the great depression. When people were out of a job they were not making money so many people became homeless, but luckily when the new deal created the program called the FHA people were able to make houses and live in them and not be homeless anymore. This