The New deal may not have been a complete success, as in part, it failed its main objective to put the U.S back into work and solve the problems caused by the depression and it was the re-armament program which brought America back into work, however many of the new deal programs had a very successful impact on trying to review and stabilise the ever more failing American economy.
In the first 100 days, Roosevelt showing his will to undertake immediate action in trying to revive the American economy and to look after the well being of his people. He introduced the emergency banking relief act, which closed all banks for four days in order to quieten things down and then only allowed the banks with sufficiently hopeful funds to re-open. Banks were then promptly banned from investing in the stock market. By doing this, he restored confidence among the American people in the banking system, something fundamental for every capitalistic economy.
New Deal Annual Conference
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United StatesNow people were secure that they could put their money into banks, without losing their life time savings. He also introduced the Federal Emergency Relief Agency, which went against the old attitude of "rugged individualism" and instead provided $500,000,000 emergency aid to the poorest victims of the depression.
Although many may disagree with whether the New Deal truly was a success, none can disagree, that his use of "fireside chats", through which he communicated to the public, what was being done, restored lost confidence and gave people hope that something could be done and that was probably one of the greatest achievements of the new deal.
Further success included how he tried to deal with agriculture, an industry which had been in depression since the 20's. Through the new deal, he managed to raise prices and stop...