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The New Deal
Beginning of paper
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, thus temporarily
abandoning the capitalism system and turning toward
soc .... Middle of paper
.... 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 chi ....
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Number of words: 747
Number of pages: 3 (approx. 250 words per double-spaced page)
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