Essay, Research Paper: FDR And The Great Depression
History: American
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FDR and the Great Depression
Essay submitted by Unknown
Critque the efficiency of of FDR's administration at alleviating the suffering of the great
Depression
FDR truely tried to help the people and wanted to make a change. He was mostly
successfull with his New Deal Program. Each Program helped a different part of the the
country and its people. Focusing only on some programs which were in the long list of
programs in the New Deal program, it shows that it helped. The FHA or better known as
the Federal Housing Administration helped people at that time who were in a middle
class position and wanted to build or buy a new home in a secure manner.
The adminstration was formed to insure long-term home mortgages and offered benefits
to both middle class home buyers and lending institutions from which the borrowed their
money to pay for the house. It guaranteed that loans would be secured by banks. This
helped the housing idustry so much, causing new homes to be built and vacant ones to
be inhabitted once again. Keeping this in mind there no question if it was beneficial.
Building new homes also helps the wood, paint and tool industry.
Skilled workers are needed, and unemployment goes down. This also helped the
economy, the people and the lending institutions in the long-run. The FHA was
incorporated into the new Deapartment of Housing and Urban Development also known
as HUD. The Office continued its role as mortgage guarantor and widened it area of
responsibilty to include mortgages lent to the owners of multifamily dwellings and to
public housing authorities as well as individual homeowners.
Focusing now on another program called the SSA also called the Social Security
Administration. This program is the most known program from the New Deal program
today. And we know that is was without question successfull. It secured people's
earned money so when they retire they still get money and don't starve.
It not only helps the people but also helps the government. The government takes the
money and invests it in secure investments or works with it in a different way and gets
money from the intrest of the money that the government doesn't owe.
Today the government has many problems with the social security but inspite that this
program is now 62 years old, and it must have been successfull to be still in action
Essay submitted by Unknown
Critque the efficiency of of FDR's administration at alleviating the suffering of the great
Depression
FDR truely tried to help the people and wanted to make a change. He was mostly
successfull with his New Deal Program. Each Program helped a different part of the the
country and its people. Focusing only on some programs which were in the long list of
programs in the New Deal program, it shows that it helped. The FHA or better known as
the Federal Housing Administration helped people at that time who were in a middle
class position and wanted to build or buy a new home in a secure manner.
The adminstration was formed to insure long-term home mortgages and offered benefits
to both middle class home buyers and lending institutions from which the borrowed their
money to pay for the house. It guaranteed that loans would be secured by banks. This
helped the housing idustry so much, causing new homes to be built and vacant ones to
be inhabitted once again. Keeping this in mind there no question if it was beneficial.
Building new homes also helps the wood, paint and tool industry.
Skilled workers are needed, and unemployment goes down. This also helped the
economy, the people and the lending institutions in the long-run. The FHA was
incorporated into the new Deapartment of Housing and Urban Development also known
as HUD. The Office continued its role as mortgage guarantor and widened it area of
responsibilty to include mortgages lent to the owners of multifamily dwellings and to
public housing authorities as well as individual homeowners.
Focusing now on another program called the SSA also called the Social Security
Administration. This program is the most known program from the New Deal program
today. And we know that is was without question successfull. It secured people's
earned money so when they retire they still get money and don't starve.
It not only helps the people but also helps the government. The government takes the
money and invests it in secure investments or works with it in a different way and gets
money from the intrest of the money that the government doesn't owe.
Today the government has many problems with the social security but inspite that this
program is now 62 years old, and it must have been successfull to be still in action
5
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