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Essay

The New Deal

Essay specific features

 

Issue:

Miscellaneous

 

Written by:

Jose S

 

Date added:

January 31, 2016

 

Level:

University

 

Grade:

B

 

No of pages / words:

4 / 861

 

Was viewed:

9231 times

 

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Essay content:

New governmental agencies brought generous credit facilities to industry and agriculture. The Federal Deposit Insurance Corporation (FDIC) insured savings-bank deposits up to $5,000, and severe regulations were imposed upon the sale of securities on the stock exchange. In addition to aggressive legislation to corral the failing bank system FDR vigorously attacked unfair business practices...
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The National Recovery Administration (NRA), established in 1933 with the National Industrial Recovery Act (NIRA), attempted to end cut-throat competition by setting codes of fair competitive practice to generate more jobs and thus more buying. Although the NRA was welcomed initially, business complained bitterly of over-regulation as recovery began to take hold...
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