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Critque the Efficiency of of Fdr's Administration

  • Date Submitted: 01/28/2010 06:29 AM
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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

...

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