The first stage of FDR " New Deal " was relief. The goal off relief was to provide temporary help to suffering and unemployed Americans. At the time not very many people had jobs because everyone was losing their money during the stock market crash. Relief allowed people to obtain jobs by building new public projects such as houses, hospitals, roads, schools ect. The social security act had helped citizens not go into proverty beause as they get older their savings will add up as they get paid until they reached a certain age. The Federal Housing Administration may not have been apart of the 1st new deal program relief, but its still a huge part of ending the Great Depression. http://efkcdepression.weebly.com/the-new-deal--the-3-rs.html
The 2nd new deal was known as Recovery. Recovery main purpose was to help rise the economic from the depression. Our new deal program is known as the federal Housing Administration was a part of the Recovery stage. Its main purpose was to give a loan to the ones who needed money to buy a house. At the time most houses are rented and 4 out of every 10 households were owned. They helped military from when they returned from war, elders, handy cap, and low income Americans. A loan for a home helps many people around the country to keep them fro living in the harsh conditions without shelter. http://efkcdepression.weebly.com/the-new-deal--the-3-rs.html
http://portal.hud.gov/hudportal/HUD?src=/program_offices/housing/fhahistory The 3rd and last part of the New Deal is known as Reform. The purpose of Reform is to eliminate any causes that had led to the Great Depression and to prevent one from ever happening again. The Federal Housing Administration has a small part of Reform giving the fact that they can give loans for housings instead of business so the stock market doesnt crash again. They also help certain types of people as in the ones in need of a loan for ONLY a home. The great depression should have been learned from the first time now Reform has the job of preventing it. In the end FDR had a brilliant 100 day plan which came out to be the solution of the great depression.http://efkcdepression.weebly.com/the-new-deal--the-3-rs.html |
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