Fdr New Deal Research Paper
What do you do when an entire country is in an economic depression? You can count on FDR's New Deal to resolve it. FDR's New Deal is an expression that is used to describe the number of relief, recovery, and reforms programs aimed to fight off the Great Depression. These programs are also known as the alphabet agencies due to their acronyms. With New Deal programs such as the CCC, FDIC, AAA, WPA, and Social Security, FDR is able to improve the lives of millions of people suffering under the depression. Unemployment was a major problem ever since the Great Depression started. Without jobs, people were not able to earn money to support themselves and their families. In 1933, thirteen million people are unemployed. To counteract this problem, FDR created alphabet agencies like the CCC (Civilian Conservation Corps), the WPA (Works Progress Administration), the CWA (Civil Works Administration) and the TVA (Tennessee Valley Authority) to promote jobs. In the CCC alone, the agency hired two hundred and fifty thousand young men to do conservation and construction
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Many farmers lost their homes because of the low prices they received for their products and the rising taxes. To counter this, the AAA (Agricultural Adjustment Act) was created. The AAA was designed to maintain a balance between production and consumption of food. The AAA also answers many demands made by farmers: higher prices for their crops; the chance to refinance loans over a longer period of time; and cash relief to pay debts. The first demand was solved by using a process known as "supply and demand." By growing less, the price of the crops rises. Wheat that was sold for $0.38 a bushel in 1932 now rose to $1.02 a bushel in 1936. The AAA is also paying farmers for not growing crops to help pay off debts. The final result of the AAA is that American farmers were now making a decent
Many farmers lost their homes because of the low prices they received for their products and the rising taxes. To counter this, the AAA (Agricultural Adjustment Act) was created. The AAA was designed to maintain a balance between production and consumption of food. The AAA also answers many demands made by farmers: higher prices for their crops; the chance to refinance loans over a longer period of time; and cash relief to pay debts. The first demand was solved by using a process known as "supply and demand." By growing less, the price of the crops rises. Wheat that was sold for $0.38 a bushel in 1932 now rose to $1.02 a bushel in 1936. The AAA is also paying farmers for not growing crops to help pay off debts. The final result of the AAA is that American farmers were now making a decent