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Mila [183]
3 years ago
7

The effects of the new deal​

History
1 answer:
igor_vitrenko [27]3 years ago
7 0

The New Deal had an important impact in the housing field. The New Deal followed and increased President Hoover's lead and seek measures. The New Deal sought to stimulate the private home building industry and increase the number of individuals who owned homes.

By 1939, the New Deal had run its course. In the short term, New Deal programs helped improve the lives of people suffering from the events of the depression. In the long run, New Deal programs set a precedent for the federal government to play a key role in the economic and social affairs of the nation.

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1

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After the Civil War, the dream of independent farms remained, but the reality was more complex. Just as big business was coming to dominate the factories of eastern cities, so too were powerful corporate interests beginning to elbow out the independent farmers, miners, and cowboys who had built the image of the West as the land of opportunity for the rugged individual.

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A variety of factors enticed American settlers and immigrants to head west in the late nineteenth century. Chief among these was the availability of cheap land for farming, logging, and ranching. Hundreds of thousands of people obtained land through the Homestead Act: through it, the US government transferred more than 270 million acres of public lands into private hands.^2  

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The discovery of precious metals and minerals also drew people to the West. Miners discovered gold, silver, and copper in several western states. The discovery of silver in the Comstock Lode in Nevada in 1858 prompted the largest rush of prospectors since the California gold rush a decade earlier. Hordes of miners looking to strike it rich created short-lived “boomtowns” that swiftly turned into abandoned “ghost towns” when the communities exhausted the easily-accessible minerals. By the 1880s, only large mining corporations had the money and machinery necessary to undertake the difficult work of extracting ore from deep in the earth.^3  

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