How the New Deal Failed to Achieve Its Objectives

â€Å"The New Deal failed to achieve its objectives† The ‘New Deal’ was introduced by Franklin D. Roosevelt in 1933, in his first 100 days in office. The new deal was based upon a series of economic programmes implemented in the United States by the federal government. Importantly, part of the new deal was based on the ‘Alphabet Agencies’ which were numerous amount of authorities/acts which were set up to either provide relief (for the people who had been affected by the great depression), reform (changing things to stop another crash from happening) and recovery (getting the economy going again). The main purpose for the New Deal was to get the economy going again and to give people the confidence again to spend. Even though this looked†¦show more content†¦Even though this being said, the Alphabet Agencies only provided short-term jobs, such as building roads and schools; once they were built people were out of jobs again. People were enjoy ing being back at work again, but sooner than they knew it they were back on the dole. In 1937, there were still 14 million people out of work, and the number reached to 19 million the following year. Once again, the new deal did not solve the problem of unemployment, but merely made the situation not as bad as it was. Industrial workers were also helped in the New Deal. The NRA and the Second New Deal greatly strengthened the positions of labour unions and made co-operations negotiate with them. Although, the new deal failed as unions were still treated with great suspicion by employers. Indeed, many strikes were broken up with brutal violence in the 1930’s. Large co-operations employed ‘heavies’ to deal/ take care of the union leaders, and sort of protect them from any disruption being made, which lead to being that unions were useless. Social welfare was boosted by the New Deal via the Social Security Act as it provided the USA with a semi- welfare state which included pensions for the elderly and widows and state help for the sick and disabled. Monthly cheques were being given out to help and benefit the people who needed it. On the other hand someShow MoreRelatedA Chinese Technology Company for Sale1015 Words   |  5 PagesManager at Indivers BV, has to develop a viable deal structure and negotiation strategy. Questions: What are the objectives of different parties on the sellers side? Specifically, what are the objectives of Indivers? Of QI-TECHs local management? Of QQMF? Of Roger Kollbrunner? Below we state different parties objectives: Indivers initially expected at least a 20% annualized return on the investment in QI-TECH. 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