Natasha Samanich AP U.S.

History (2) 4/20/10 Free Response

New Deal programs were President Franklin D. Roosevelt’s responses to the Great Depression. They focused on the concepts of relief, recovery, and reform. Some felt that the programs were unconstitutional and unnecessary. Others felt that the programs established by the New Deal sped up economic recovery and helped to justify society. The Agricultural Adjustment Act, the Securities and Exchange Commission, and the Social Security Act were three New Deal measures that attempted to fashion a more stable economy and a more equitable society. The Agricultural Adjustment Act was a new radical approach that sought to eliminate decreasing prices caused by crop surpluses. It created an agency, the Agricultural Adjustment Administration, to pay farmers to reduce crop area in order to cause the value of crops to rise. The money for these subsidies was raised by taxing companies who processed farm products who would in turn shift the financial burden to taxpayers and consumers. The Agricultural Adjustment Act attempted to fashion a more stable economy by trying to lessen the financial strain of farmers as mortgages began to become foreclosed, markets overflowed with surplus crops, and corn was burned as fuel. The Second Agricultural Adjustment Act of 1938 attempted to give farmers a more equal share of the national income. The acts attempted to build a more equitable society by making prices fair for farmers and increasing their income. In actuality, the first Agricultural Adjustment Act contradicted other New Deal measures by increasing unemployment inadvertently through its program of paying farmers to let their fields lie fallow.

Roosevelt instituted the New Deal programs. President Franklin D. It sought to make a more stable economy through its regulation of the securities market. dependent children. Dr. Francis Townsend devised and promoted a federally-funded old-age pension as a means of ending the Depression. It also attempted to protect the public from fraud and deception by preventing corporate abuse. companies whose securities traded on them. and the brokers and dealers who conducted trading. the Securities and Exchange Commission. . Social Security acted as a safety net for older workers. The commission was given the right to regulate and license stock exchanges. The Social Security Act of 1935 set up a modest worker-funded but federally-guaranteed pension system. and the Social Security Act. It attempted to create a more equitable society by enforcing federal securities laws to help protect investors. Three measures of the New Deal that attempted to stabilize the economy and create a more unbiased society were the Agricultural Adjustment Act. and the disabled. Our economy and aging population are reliant on their benefits: and the New Deal will continue to impact our way of life for years to come. This was the first time the Federal government tried to stabilize the economy by assuming responsibility of the economic welfare of the American people and by attempting to cushion any future depressions. He argued that turning the nation's elderly population into consumers would solve the underlying problem of weak demand. promoted increased consumer demand and became a lasting American program.The Securities and Exchange Commission was designed to regulate the stock market. In an attempt to bolster an ailing economy. It covered the elderly. While these programs remain the subject of political debates they have become engrained in the fabric of our society. to bring a more equitable sense to society.

Sign up to vote on this title
UsefulNot useful