How successful was the new deal?

... How successful was the new deal? America's "Great Depression" began with the dramatic crash of the stock market on "Black Thursday", October 24, 1929 when 16 million shares of stock were quickly sold by panicking investors who had lost faith in the American economy. At the height of the Depression in 1933, 24.9% of the Nation's total work force, 12,830,000 people, were unemployed. Wage income for workers who were lucky enough to have kept their jobs fell 42.5% between 1929 and 1933. It was the worst economic disaster in American history. Farm prices fell so drastically that many farmers lost their homes and land. Many went hungry. President Franklin Delano Roosevelt took office in March 1933. He had promised the American people a New Deal and immediately set to work to create jobs for the unemployed. People had different opinions of the New Deal. There were many who opposed his policies.

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