the legacy of the new deal
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The Legacy of the New deal. Criticisms of the New D eal. Gives too much power to the Government, which taxes Americans in order to fund programs (like Social Security) More money was spent than collected in taxes –hoping that future gains would balance the budget

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criticisms of the new d eal
Criticisms of the New Deal
  • Gives too much power to the Government, which taxes Americans in order to fund programs (like Social Security)
  • More money was spent than collected in taxes –hoping that future gains would balance the budget
  • It didn’t end the Great Depression.

But what did?

what really ended the great depression
What really ended the Great Depression?
  • World War II began when Pearl Harbor was bombed by the Japanese on December 7, 1941 – “a date that will live in infamy.”
  • Employment in the United States went to 100% virtually overnight, as fifteen (15) million men joined the armed forces and factories began producing metal works, weapons, and supplies.
  • Prosperity would continue after the war, as the United States emerged as a military and economic superpower.
accomplishments of the new deal
Accomplishments of the New Deal
  • Employed millions of people through public work programs (like the PWA) – RELIEF
  • Created programs for the poor and disadvantaged (like Social Security) - RELIEF
  • Increased role of the federal government in economic affairs (like the FDIC ) - RECOVERY
  • Government is needed to regulate business practices (like the REA) – REFORM

http://www.youtube.com/watch?v=WvcWeNf9g6A

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