"In politics, nothing happens by accident. If it happens, you can bet it was planned that way." Franklin D. Roosevelt
Main Points:
•To be done in the first 100 days of FDR’s administration
•Following John Maynard Keynes economical theories
•Building of the Interstates, Hoover Dam etc.
Summary:
The New Deal provided large sums of federal money for direct payments to needy citizens through grants (rather than loans) to the states. It also established various new agencies to provide government-sponsored work for the unemployed. Millions of Americans, unable to find work in an economy that was still badly broken four years into the Great Depression, might have literally starved to death if not for the government checks they earned by working for new agencies like the Civilian Conservation Corps and Works Progress Administration.
- On July 2, 1932, on accepting the nomination as Democratic Presidential candidate, FDR made his famous promise of a "New Deal" for the American people.
- Franklin D. Roosevelt's program was known as the New Deal.
- Shortly after taking office, Roosevelt explained to the American people that his New Deal program would seek to deliver relief, recovery, and reform—the so called 3 Rs.
- In the field of relief, the New Deal proved to be highly successful.
•To be done in the first 100 days of FDR’s administration
•Following John Maynard Keynes economical theories
•Building of the Interstates, Hoover Dam etc.
Summary:
The New Deal provided large sums of federal money for direct payments to needy citizens through grants (rather than loans) to the states. It also established various new agencies to provide government-sponsored work for the unemployed. Millions of Americans, unable to find work in an economy that was still badly broken four years into the Great Depression, might have literally starved to death if not for the government checks they earned by working for new agencies like the Civilian Conservation Corps and Works Progress Administration.