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...
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