Paper Details  
 
   

Has Bibliography
3 Pages
744 Words

 
   
   
    Filter Topics  
 
     
   
 

fdr newdeal

s included the NRA, FERA, FDIC, CCC, AAA, TVA, HOLC, WPA, RFC, and NIRA. These programs insured banks, farmers, jobs, and much more. These programs also improved roads, made parks, and helped the arts. 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 starve. It not only helps the people but also helps the government. The government takes the money and invests it in secure ...

< Prev Page 2 of 3 Next >

    More on fdr newdeal...

    Loading...
 
Copyright © 1999 - 2024 CollegeTermPapers.com. All Rights Reserved. DMCA