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- The New Deal fulfilled to recover the economy after the Great Depression. Hence, citizens were able to get jobs and food on their tables, again. Life Came back to normal.
- This Stat shows that unemployment rate started to decrease gradually from 1933.(#1)
- The GDP(Gross Domestic Production) start to increase sharply From 1933-1937. Decrease during 1937-1938, and then it started to increase again at the same rate.(Second Stat)
- The industrial production index was increased about 45% during the New Deal. (#4)
- The real personal consumption expenditures increased by about 23% during the New Deal. (#3)
- -WPA(Works Progress Administration) Set out to create as many jobs as possible as quickly as possible, therefore the employment rate was dragged down. ( Results shown on #1 stat)
- - NIRA (National Industrial Recovery Act) sought to promote industrial growth by establishing codes of fair practice for individual industrial, Which assisted in rising industrial production. ( Results shown on #4 Stat)
- A piece of statistical evidence thatcontradicts our perspective is: The national debt as % GNP was constant during the New Deal and until before 1941, 40%.(as Stat Shown)Thank you!
- Thank you!
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