Academic Master

English

President Franklin D. Roosevelt’s Domestic Program Called the “New Deal”

Breimyer, H. F. (1983). Agricultural Philosophies and Policies in the New Deal. Minn. L. Rev., 68, 333.

The article “Agricultural Philosophies and Policies in the New Deal” provides a detailed analysis of various agricultural policies that were implemented by President Franklin D. Roosevelt during his administration. The author provides a detailed analysis of the various agricultural policies and outlines how these policies helped strengthen the rural economy during the Great Depression. The key themes of the article included in the present research too that why President Roosevelt pursued such policies for the field of Agriculture, the positive results of these policies, and why President Roosevelt was so successful in implementing these policies. The policies that the author includes in the article are price support, abolition of the estate tax, and disaster assistance and their positive impacts on the field of Agriculture following the collapse of the US economy.

Corporation, F. D. I. (1984). Federal Deposit Insurance Corporation: The First Fifty Years: A History of the FDIC, 1933-1983 (Vol. 10). FDIC.

The book “Federal Deposit Insurance Corporation: The First Fifty Years” discusses the history of the Federal Deposit Insurance Corporation (FDIC) which was founded in 1933 by the National Banking Act. It discusses in detail the goal of FDIC, which was to stabilize the banking system and ensure that deposits were paid in the case of a bank failure. The article highlights that FDIC insured all deposits held in banks and other financial institutions in the United States as a result of the “New Deal” implemented by Roosevelt following the Great Depression. The author in this book provides a brief history of the FDIC that the research sheds light on in the social programs section, including FDIC’s origins, its main functions, and its accomplishments in guaranteeing individual accounts at a federally insured bank and preventing one bank’s collapse from causing the entire economy to collapse as well.

Douglas, W. O., & Bates, G. E. (1933). The Federal Securities Act of 1933. Yale LJ, 43, 171.

Douglas and Bates outline The Federal Securities Act of 1933, which was enacted to create a framework for regulating the securities industry and protecting investors. The authors discuss the main purpose of the implementation of the Act throughout the article, which is also included in the present research paper, which was to regulate and protect the public from fraudulent and deceptive securities practices. They highlight the significant policies of the Act in the article that the Federal Securities Act required all sellers of the securities should be registered with the SEC and provide information about themselves and their offerings. The authors mention that the Act also prohibited insider trading, established criminal penalties for certain violations, and created civil liability for securities fraud.

Goldberg, C. A. (2005). Contesting the status of relief workers during the New Deal: The Workers Alliance of America and the Works Progress Administration, 1935–1941. Social Science History, 29(3), 337–371.

The article reviews how the labour movement and its allies helped American workers through the critical moments during the Great Depression in American history. During the Great Depression, workers and unions led struggles to improve their conditions of work and wages through the Works Progress Administration (WPA) which helped thousands of unemployed and underemployed American citizens find work. The article briefly describes the achievements of the WPA include funded research on depression and other social problems that rose higher due to unemployment and higher poverty rates following the Great Depression. However, the efforts of the Workers Alliance of America and the Works Progress Administration helped alleviate the suffering of many American families and saved lives.

Maues, J. (2013). Banking Act of 1933 (Glass-Steagall). Federal Reserve History, November, 22.

Maues, in the article, discusses the Banking Act of 1933, which was a landmark law that separated commercial and investment banking. The author furthers the discussion that the Act was a response to the Great Depression, and it helped effectively to stabilize the banking system. The article explains how the Glass-Steagall Act worked to restore the banking system that collapsed badly during the Great Depression in 1929 and the positive impacts of this Act on the banking industry of the United States. Overall, the article is well-written and provides a good overview of the Banking Act of 1933 implemented in the New Deal programs by President Roosevelt’s administration for the readers as well as the author of the present research study.

Patel, R., & Goodman, J. (2020). The long new deal. The Journal of Peasant Studies, 47(3), 431–463.

Patel, in “The Long New Deal”, article discusses the idea of the implementation of the new long-term economic deal to revitalize the US economy. The article asserts that the economic system of the United States following the Great Depression went out of work, and the government needed a more active role in promoting long-term investment and growth rather than simply trying to fix the immediate economic problems of that time. The article cites that Roosevelt, therefore, implemented “New Deal” programs through government intervention that had been successful in reviving the economy and society of the United States. The programs helped to create jobs, improve infrastructure, and provide relief for the needy. The authors Patel and Goodman acknowledge that overall, the “New Deal” programs were successful and effective in helping to turn the economy around and get America back on its feet.

Reading, D. C. (1973). New Deal activity and the states, 1933 to 1939. The Journal of Economic History, 33(4), 792–810.

The article reviews the “New Deal” implemented by the 32nd US President Franklin D. Roosevelt to cope with the Great Depression. The “New Deal” had a significant impact on the states of America in its time period. The author discusses that the program provided many necessary public work projects to help American unemployed citizens get back on their feet. The article also discusses the idea as the New Deal progressed and Roosevelt’s administration grew more complex; state governments responded with their own initiatives to improve their economies and social welfare provision. Some states were more successful than others, but all benefitted from the federal government’s investment in infrastructure and relief programs. The article concludes that the “New Deal” was a major success in terms of its impact on the American economy and society.

Schlesinger, A. M. (2003). The Coming of the New Deal: The Age of Roosevelt, 1933–1935. Houghton Mifflin Harcourt.

According to the article, President Roosevelt ushered in a new era of American politics with his New Deal policies as he increased the government’s regulation of the economy, reformed the banking system, and created new social welfare programs. Schlesinger emphasizes that Roosevelt’s policies helped to end the Great Depression and set the stage for America’s continued economic growth. In “The Coming of the New Deal”, Schlesinger recounts the life of President Franklin D. Roosevelt, from his humble beginnings as a young labour leader and a lawyer to the job of helping millions of people escape the Great Depression. Through Schlesinger’s expertly written narrative, the readers, as well as the author of the research study, gain a fascinating perspective on Roosevelt’s life and unforgettable events during and after the Great Depression that marked the history of the United States.

References

Breimyer, H. F. (1983). Agricultural Philosophies and Policies in the New Deal. Minn. L. Rev., 68, 333.

Corporation, F. D. I. (1984). Federal Deposit Insurance Corporation: The First Fifty Years: A History of the FDIC, 1933-1983 (Vol. 10). FDIC.

Douglas, W. O., & Bates, G. E. (1933). The Federal Securities Act of 1933. Yale LJ, 43, 171.

Goldberg, C. A. (2005). Contesting the status of relief workers during the New Deal: The Workers Alliance of America and the Works Progress Administration, 1935–1941. Social Science History, 29(3), 337–371.

Maues, J. (2013). Banking Act of 1933 (Glass-Steagall). Federal Reserve History, November, 22.

Patel, R., & Goodman, J. (2020). The long new deal. The Journal of Peasant Studies, 47(3), 431–463.

Reading, D. C. (1973). New Deal activity and the states, 1933 to 1939. The Journal of Economic History, 33(4), 792–810.

Schlesinger, A. M. (2003). The Coming of the New Deal: The Age of Roosevelt, 1933–1935. Houghton Mifflin Harcourt.

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