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The New Deal
Beginning of Essay
During the 1930's American citizens witnessed a
breakdown of the Democratic and free enterprise
way of life. The government saw that the
free enterprise system was failing.
increased the government's regulation and intervention
and the economic system, t .... Middle of Essay .... communism".
However most socialist political parties in
democratic countries of the West rejected the
Communist idea of socialism. Socialists prefer
the government ownership of industries that are
vital to a country's welfare. These include the
coal, oil, iron, and steel industries. The
basic idea favored by all Socialists is the
public ownership and use of property in order
to extend the benefits of wealth more equally.
Many economic, political, and social factor lead
up to the New Deal. When staggering statistics
such as 25% unemployment, and the fact that 20%
of NYC school children were underwieght and
malnourished (Wo ....
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Words: 747 - Pages: 3
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