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V376 The New Deal Vs. The Old Deal

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Running head: THE NEW DEAL VS. THE OLD DEAL The New Deal vs. the Old Deal Institutional Affiliation Date 1 THE NEW DEAL VS. THE OLD DEAL 2 The new deal is the series of activities declared to be performed by President Roosevelt and his cabinet during his inauguration on March 4th, 1933 when the crisis of The Great Depression was at its peak. The president assured people of his zeal to combat the problem and gave them confidence that he would battle it. The following times were accompanied by events such as the closure of insolvent banks and the signing of the act to allow hydro-electric projects along Tennessee River to produce cheaper electricity. Moreover, farmers producing products were paid to leave their lands for a while to reduce the surplus in the market and bring stable prices (www.youtube.com). The act that allowed unions was signed to enable workers to get better pays an ...
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