History

Question

what positive things did the New Deal accomplish?

1 Answer

  • The New Deal itself created millions of jobs and sponsored public works projects that reached most every county in the nation. Federal protection of bank deposits ended the dangerous trend of bank runs. Abuse of the stock market was more clearly defined and monitored to prevent collapses in the future. The Social Security system was modified and expanded to remain one of the most popular government programs for the remainder of the century. For the first time in peacetime history the federal government assumed responsibility for managing the economy. The legacy of social welfare programs for the destitute and underprivileged would ring through the remainder of the 1900s.

    Laborers benefited from protections as witnessed by the emergence of a new powerful union, the CONGRESS OF INDUSTRIAL ORGANIZATIONS. 

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