Discuss FDRs new deal programs and their similarity to typical communist programs in the Soviet Union

Expert Solution

The US economy was shattered during 1933 as a result of the Great Depression. In order to revive the economy FDR introduced the concept of New Deal Programs. The new deal programs ensured social security . Farmers were given training through educational programs along with that the policy also aimed resettlement of the poor farmers. A minimum wage was set for the workers along with a limit to the maximum working hours. Several programs for the unemployed and the for the youth has been rolled out under the new deal programs. Measures to regulate the financial sector was also put forward.

The new deal programs had much similarities with the typical communist programs. The program gave more emphasis on the notion of collectivism rather than capitalism. The various regulations which was made on the economy and the various social security measures created the concept of a welfare state. This was one which is related to the concept of communism. The upliftment of the workforce was also one of the program which had much similarity with that of the one adopted by the Soviet Union.

Rahul Sunny answered 8 months ago

How did the farm programs of the New Deal change the relationship of the federal government...

How did the farm programs of the New Deal change the relationship of the federal government to farmers and rural communities? Briefly explain the trade-offs facing the federal government in determining how much support to provide farmers? How have those trade-offs impacted the type of policies enacted over the last 80-90 years?

HISTORY- The Soviet Union collapsed for which of the following reasons? A. all of these answers...

HISTORY- The Soviet Union collapsed for which of the following reasons? A. all of these answers combined B. demoralization from the Soviet Union’s defeat at the hands of Islamic Afghan rebels who had been supplied by the U.S. C. economic problems caused by excessive military spending in an attempt to match U.S. military spending D. demoralization from seeing Eastern European protesters and governments renounce communism in 1989

Why has Joseph Stalin successful in taking over the Soviet Union?

Was the New Deal a new deal, an old deal, or a raw deal?

Identify the main differences between the socialist economics of the Soviet Union and China. In your...

Identify the main differences between the socialist economics of the Soviet Union and China. In your answer, include a discussion of organization, operation, and reforms.

SHORT ANSWERS a. Macroeconomic Disequilibrium Describe the macroeconomic disequilibrium in the Soviet Union. Why was there...

SHORT ANSWERS a. Macroeconomic Disequilibrium Describe the macroeconomic disequilibrium in the Soviet Union. Why was there a disequilibrium? What was the resulting problem? b. Indicative Planning Some have argued that indicative planning is attractive as a mechanism for resource allocation because it eliminates some of the negative features of directive planning while retaining positive features. Comment. c. Why has investment been very high in the East Asian Economies? When answering the question, relate to concepts such as saving, consumption, the...

Describe and analyze the relative importance and the interaction of the “two Chinas,”[i] the Soviet Union,...

Describe and analyze the relative importance and the interaction of the “two Chinas,”[i] the Soviet Union, the United States, and the United Nations during the Korean War.

How did the United States and the Soviet Union shape the cold war? HISTORY!

How did the United States and Soviet Union shift the focus of the Cold War to...

How did the United States and Soviet Union shift the focus of the Cold War to the Third World? Answer in 2 paragraphs with 5 sentences min

1. After the dissolution of the Soviet Union in 1991, the Russian Federation had a lot...

1. After the dissolution of the Soviet Union in 1991, the Russian Federation had a lot of issues building a strong capitalistic economy. During the period of privatization, a lot of people were unemployed and had no clue how a free market economy works. All this factor resulted in the formation of bandit groups and gangs and a huge unemployment rate in the whole country. Based on the theories created by John Maynard Keynes, how should the government of the...

Question