Solutions To The Great Depression
It was one of the most detrimental time periods in American history and certain aspects of it still affect us today! This time period known as the Great Depression embodied the peak of unemployment, poverty, and the low point of our United States banking system. One of the solutions that arose from the depression was the New Deal, proposed under Franklin D. Roosevelt's presidency. The New Deal introduced three main solutions for the great depression. The first solution, dealt with unemployment and this was the Public Works Administration as well the Works Progress Administration. Proceeding to the issue of poverty, which was solved by the enforcement of a minimum wage salary. Lastly, the flaws in our banking system were solved by a corporation
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In came the New Deal which birthed two programs known as the Public Works Administration and the Works Progress Administration, which both deemed the worthy solutions of this feat. It was claimed that, “the Public Works Administration began what became an almost decade-long process of building major infrastructure projects, which over time helped support economic activity in areas that previously had had no prospect of growth”(Brinkley, 2017). Two years preceding the PWA, “the New Deal created the Works Progress Administration, the most extensive federal work-relief program ever created, which kept an average of two million people employed throughout its eight year history”(Brinkley, 2017). Consequently, it is safe to say that the jobs that were created from both of these administrations helped “jump start” the United states economy ultimately leaving a long lasting impact on America by keeping them employed. The projects from both associations are still present today and are used and occupied by U.S citizens every single day. One popular project created during the New Deal was the Lincoln Tunnel which is considered to be, “one of the busiest tunnels in the world with 120,000 vehicles passing through this tunnel every single day” (Holland). This legacy created by the PWA and the WPA are a major source of transportation for people to this day and in result, impacting the lives of American citizens. Another project that is relevant to today’s society is the creation of the Grand Coulee Dam which, “is the largest dam in the United States and one of the largest in the world. It provides irrigation for over 600,000 acres and electricity for all or parts of eleven states”(Holland) . Seeing as electricity is a main source of power today, it is safe to conclude that this Dam created by the workers in the 1930’s, made an impact on present day residents in
In came the New Deal which birthed two programs known as the Public Works Administration and the Works Progress Administration, which both deemed the worthy solutions of this feat. It was claimed that, “the Public Works Administration began what became an almost decade-long process of building major infrastructure projects, which over time helped support economic activity in areas that previously had had no prospect of growth”(Brinkley, 2017). Two years preceding the PWA, “the New Deal created the Works Progress Administration, the most extensive federal work-relief program ever created, which kept an average of two million people employed throughout its eight year history”(Brinkley, 2017). Consequently, it is safe to say that the jobs that were created from both of these administrations helped “jump start” the United states economy ultimately leaving a long lasting impact on America by keeping them employed. The projects from both associations are still present today and are used and occupied by U.S citizens every single day. One popular project created during the New Deal was the Lincoln Tunnel which is considered to be, “one of the busiest tunnels in the world with 120,000 vehicles passing through this tunnel every single day” (Holland). This legacy created by the PWA and the WPA are a major source of transportation for people to this day and in result, impacting the lives of American citizens. Another project that is relevant to today’s society is the creation of the Grand Coulee Dam which, “is the largest dam in the United States and one of the largest in the world. It provides irrigation for over 600,000 acres and electricity for all or parts of eleven states”(Holland) . Seeing as electricity is a main source of power today, it is safe to conclude that this Dam created by the workers in the 1930’s, made an impact on present day residents in