The Impact of the New Deal on the Great Depression Era Essay

The Impact of the New Deal on the Great Depression Era In 1933, President Roosevelt proposed New Deal legislation to alleviate the effects of the Great Depression through various public works programs and other federal initiatives. The many reforms of the New Deal were racked by intense criticism from their very beginnings. The New Deal was a catalyst in the surge of the federal government’s power. One year before the financial collapse on Wall Street, President Hoover said, â€Å"We in America today are nearer to the financial triumph over poverty than ever before in the history of our land† (Major 31). This overly confident statement was outrageously wrong. On October 24, 1929, the Wall Street stock market plummeted. As of that date,†¦show more content†¦15). The FERA’s main purpose was to assume economic responsibility for 18 million unemployed Americans. FERA was to help these people find work through the private sector. FERA was intended to allow unemployed people regain their dignity and improve their economic status (Hopkins par. 12). Many people outside of the United States foresaw the greatness and legacy that would follow the Roosevelt administration. For instance, Neville Chamberlain, the British Chancellor of the Exchequer (later to become the British Prime Minister), said before the House of Commons concerning FDR’s first 100 days in office â€Å"Within weeks of taking office Roosevelt had carried off his first triumph, the restoration of national confidence† (Rosenman 66). Key factors of New Deal reforms to end the depression were to create work relief programs. The epitome of F.D.R.’s feelings toward work relief were spoken eloquently when he said â€Å"The test of our progress is not whether we add more to the abundance of those have it much; it is whether we provide enough for those who have too little† (Wolters 170). With this said, in 1933 Roosevelt signed an executive order to create the CWA, or the Civil Works Administration. Four hundred million dollars was eventually transferred from the FERA program’s budget to help boost the CWA. The CWA, a basic extension of the FERA, was created because of FERA’s general lack of putting enough people to work. The CWA wouldShow MoreRelatedTaking Sides : Clashing Views Of United States History By Madaras, Larry And James Sorelle973 Words   |  4 Pageswhich debates on whether the new deal prolonged the great depression. The great depression refers to an era in US history, which happened from 1929 to 1941 during president Franklin Delano Roosevelt era, and it made the US citizens face economic hard times. The great depression era had much overproduction, inequality in wealth distribution and over borrowing. Consequently, the president implemented the new deal with the aim of saving American citizens from the great depression. 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