The New Deal Questions and Answers

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What are the successes and failures of the New Deal?      

The New Deal can be considered a success in that its reforms prevented future economic depressions. It also provided important temporary relief to Americans in the 1930s that kept millions from experiencing total ruin. Its failures were that it did not end the Great Depression. Several of its laws and programs were struck down by the Supreme Court. It also failed to help minorities and bring unemployment to acceptable levels.

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The Roosevelt Administration's and Congress's response to the Great Depression was not without controversy. The New Deal succeeded in a number of ways, but that success was limited.

A major goal of the New Deal was to prevent future financial disasters. While there have been several recessions in the last century, the country has never faced a depression like the one of the 1930s. This is largely thanks to New Deal reforms which are still in place. This includes the FDIC, Social Security, and FCIC. A number of banking and stock market reforms were passed to prevent the risky practices that caused the Depression in the first place. Some even blame the recession of 2008 on the 1999 repeal of the Glass-Steagall Act of 1933. In the short-run, the New Deal succeeded in proving jobs for the millions of newly unemployed. The CCC, TVA, CWA, and other work programs provided wages for many Americans who would otherwise have been without work. This, in turn, pumped more money back into the...

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