The text authors conclude that “From a purely economic perspective, the New Deal barely made a dent in the Great Depression . . . [but it] blunted [its] worst effects”.
Compare and contrast some of the shortcomings and accomplishments of the New Deal.
ANSWER
The New Deal suffered from poor planning and overcaution. It failed to solve the problem of high unemployment, yet increased the national deficit. On the other hand, the New Deal put many people to work and established a framework for individual economic security that preserved the public’s faith in capitalism and democracy.
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