Evaluate the idea that Roosevelt s New Deal in the United States saved the market economy

The market economy itself has the defects of lag, blindness, and spontaneity, and it is not omnipotent. Roosevelt's New Deal, first, the state unified control of the economy, which is conducive to the stability of the economy and the reduction of income disparity. Due to the high degree of state intervention, the circulation of capital and the right to distribute it are concentrated in the hands of the state, and the state has the initiative in the economy.

The vast majority of enterprises and factories carry out various production activities in accordance with the instructions of the state, which makes economic relations much simpler. Second, the state has mastered social wealth, which is conducive to concentrating financial, material, and human resources to carry out big undertakings. This will help the country to achieve a high utilization of resources in a certain time and to a certain extent, and build some infrastructure facilities and large-scale production equipment and bases that benefit the country and the people.

Arousing the enthusiasm of the people in a short period of time is a rapid increase in national strength. So the market economy was saved. In fact, some of the measures of the "New Deal" were also inadequate, which often became a reason for his political opponents to attack.

The "Industrial Recovery Act" and two other bills, which were important in the early days of the New Deal, were ruled unconstitutional by the Supreme Court two years later.

Roosevelt's economic role cannot be ignored...

It alleviated the economic crisis at that time, made the American masses see hope, established self-confidence in the United States, and also established confidence in the American democratic system, promoted the development of social productive forces, consolidated the hand-infiltration doctrine of capital, and increased social contradictions. I think Roosevelt's New Deal had both advantages and disadvantages, after all, every reform would offend the interests of some of the old aristocracy, and it would also have some general effects on society.

Roosevelt's New Deal played a very important role in the Great Depression in the United States, promoting the recovery of industrial production in the United States, and even more effectively promoting the recovery of the American economy. As a result, the U.S. economy returned to pre-crisis levels in 1940. Although there are some controversies about the sedan chair with some legislation and new policies promulgated during the New Deal period, the role he played cannot be erased.

The New Deal touched on almost every aspect of the socio-economic life of the United States, most of which were aimed at the specific consideration of the United States to get out of the crisis and minimize the consequences of the crisis, and some were long-term plans based on the long-term development goals of capitalism. Its immediate effect was to avoid a major economic collapse in the United States and help the United States emerge from the crisis.

Beginning in 1935, almost all economic indicators in the United States steadily rebounded, and the gross national product.

From $74.2 billion in 1933 to $204.9 billion in 1939, the number of unemployed fell from 17 million to 8 million, restoring national confidence in the state system and freeing them from fascism.

Threats to democratic institutions have saved the United States from intense social upheaval in crisis.

Let's start with the conclusion, not Roosevelt's New Deal.

Saved the United States, it was World War II.

Saved the United States. Roosevelt's New Deal did work, but it wasn't a reversal.

Due to the lack of monthly economic data in the 30s, the interest rate on BAA-rated bonds was used as an observational indicator. (The BAA interest rate is the interest rate of corporate bonds with a lower rating, which is more sensitive to the prosperity of the economy) When the economy is bad, interest rates go higher because no one wants to lend money to companies that are not so good when the economy is bad; When the economy is good, interest rates go down because good companies don't need money, or the interest rate is too low, and people are willing to chase profits and ignore risks.

Looking at the BAA rate, the Great Depression.

The inflection point preceded Roosevelt's New Deal.

Roosevelt's New Deal was proposed in early 1933, and it takes about a year for a policy to have an effect on the economy, such as the public policy proposed in 2015, but the economic recovery promoted began in 2016.

Therefore, according to the general law of late economic transmission, Roosevelt's New Deal came into effect at the beginning of 1934, when the economy had been reversed by the vitality of nature, and it had been recovering for 1-2 years.

But this is not to say that Roosevelt's New Deal did not work, after the New Deal took effect, we can see that the volatility of the BAA interest rate curve has decreased, and the recovery process has stabilized, which is the most positive effect of the New Deal.

Let's go back in time:

In the second quarter of 1932, the recovery from the Great Depression began, and in 1934 Roosevelt's New Deal came into play, and from the second half of 1937 to the whole of 1938, the United States entered a recession again. This recovery period is relatively short-lived, only 5 years.

And the way to solve this problem is war, in 1937, the Asian theater of World War II began, and in 1939, the European theater of war began.

The war is about attrition, a large number of ** is on the one hand, there is also a large amount of infrastructure destroyed, and the new occupiers have carried out a lot of reconstruction, the war has destroyed production and transportation, so all kinds of living materials are in short supply. The United States sold goods at both ends and made war money, which was an important factor in the long-term exit from the Great Depression.

No. These policies exacerbated the crisis, led to a prolonged depression, and ultimately failed to solve the problem of unemployment.

Roosevelt's New Deal did not save the country, but made the depression worse, and the unemployment rate increased from 18 percent to 20 percent.

Personally, I don't think so, Roosevelt's New Deal did not save the United States, it is still an economic depression.

But Roosevelt gave Americans confidence, and conviction.

Roosevelt's "New Deal" not only alleviated the crisis at that time, but also had a series of far-reaching effects on American society and even the international community

First of all, due to the recovery of the economy, the social contradictions in the United States have been relatively eased, which has restored people's confidence in the American state system to a certain extent, thus curbing the fascist forces caused by the economic crisis and enabling the United States to avoid embarking on the fascist road.

Secondly, as a means of responding to the crisis, Roosevelt changed the previous policy of "laissez-faire" on economic development and began to implement state intervention, and this intervention appealed to the economic life of the United States in the form of new legislation through Congress, which was unprecedented. During the Roosevelt era, power was at its peak, and the authority of the Union was strengthened.

Thirdly, Roosevelt's method of relieving the national economic crisis not only became the beginning of the economic system of modern American state monopoly capital, but also had an important impact on the development of economic policy in many other capitalist countries, thereby extending the life of monopoly capitalism, which was further developed after World War II.

Finally, some of the incidental measures of the New Deal had a profound impact today. Such as the protection of the environment and resources. During the "New Deal", Congress passed the "Land Conservation and Domestic Appropriations Act", sent a total of 2.5 million young people to participate in the "Private Resource Protection Team", and also funded the purchase of large areas of forests and scenic areas to establish national parks and wildlife sanctuaries.

Another example is the "New Deal", which promoted the vitality of American thought and the prosperity of academic literature and art. Throughout the New Deal, the United States sponsored a large number of artists, writers, and dramatists, enabling them to get rid of financial difficulties and create independently, and on the other hand, they were commissioned to bring art to schools and the people. The Roosevelt cabinet was a place where intellectuals gathered, and they were involved in all aspects of the New Deal, hence the term "think tank".

Through Roosevelt's New Deal and the opportunity of the two world wars, the United States became a world pole.

I can't remember it all, so let's count it as a reference!

Roosevelt's New Deal nationalized resources, the state intervened in the economy, reduced private losses, alleviated domestic contradictions, built infrastructure, improved infrastructure, provided a large number of jobs, reduced unemployment, and rescued the credit crisis.

Prevent the United States from developing towards fascism.