In determining whether the New deal was successful in solving the problems of the great
depression, you must analyze its purpose. The motives behind the New Deal were to help get money
back in the pockets of Americans, and help the millions of displaced Americans find homes and jobs
once again. When looking at the programs introduced by the New deal, some were successful, some
were not helpful, and some might have even taken the economy in the wrong direction. But all in all, the
New Deal not only helped the American public back into jobs and homes again, but improved the
relationship between the federal Government and the public
The purpose of President Franklin D. Roosevelt’s New Deal was to promote economic recovery
and regional economic growth. FDR believed that if economic development was successful, then
economic growth as well as domestic and industrial quality of life would be better as well. As a response
to the failure of banking throughout the country, the Emergency Banking Act was established on March
9th, 1933. This Act and several others that followed, changed the American financial system forever and
prevented negligent practices that were large factors in causing the great depression. If it wasn’t for the
New Deal, the same practices that caused the Great Depression would have continued to conduct
themselves in a way that was negatively affecting the economy. While FDR’s idea of encouraging market
activity, thus improving market competition, was well thought out, the NRA however failed to improve
economic conditions because large corporations took advantage of the codes introduced.
