This promoted higher wages, continuous labor disputes, and shorter hours, which meant less profits and failures for businesses. Failure for businesses would lead to the loss of employees then loss of jobs, and no money for food, shelter and family. This is important because the expansion of governmental relief activities lead to the downfall of the economy, which proves the failure of the New…. If the amount of money people make at the lowest level begins to increase, so will the mid and high level paying jobs will also have to be paid more creating inflation. Inflation is not something that we need more of as it will make the US dollar weaker against other currency and what a dollar is worth now after raising minimum wage it will only be worth a fraction of what it is now. Inflating the dollar will not help the situation of poverty because then people will be making more money, but that money will not be worth as much.
The Success and Failure of the New Deal
The New Deal | Fresh Essays Samples
Since the late s, conventional wisdom has held that President Franklin D. The series of social and government spending programs did get millions of Americans back to work on hundreds of public projects across the country. But in the 80 years since the Great Depression was formally declared over in June of , historians and economists have continued to debate the true merits of the New Deal and whether, in fact, the radical government spending programs brought about the end of the biggest economic downturn in history. Other factors were also at play—including the onset of a major world war. Still, as Dr. Lichtenstein notes, several programs created through the New Deal did have a lasting positive impact on the U.
Was the New Deal a Success Policies?
Please join StudyMode to read the full document. The SSA is the most successful social program ever enacted in the United States, guaranteeing a measure of basic security for nearly all workers and their families. For nearly two-thirds of the elderly, Social Security provides at least half their total income; for 22 percent of them, it is the only source of income.
This particular essay topic presents you with a very broad idea and then asks you to explain your view and back it up with concrete examples. Not every SAT essay topic will. After the Philadelphia Convention of , it was voted that Constitution would become the new foundation of the national government, not the Articles of Confederation.