In: Economics
The program called the New Deal, aimed to provide economic and financial reforms for the recovery of US economy from pangs of the Great Depression. The strengths of the New Deal were as follows :-
i) relief schemes were carried out for the jobless and needy like by providing them the basic necessities of food, clothing and shelter.
ii) more working and new job opportunities were created during the time
iii) agricultural, industrial and infrastructural reforms were made by infusing more capital and resources
iv) anti-social movements like communism were supressed easily
The weaknesses of the New Deal were as follows :-
i) rate of unemployment couldn't be controlled effectively
ii) exports and trading was not upto the mark
iii) was not favourable for the blacks...as it was a kind of biased and racist program
iv) failed to win people's support and other legal battles
The American Liberty League was formed in 1934 to oppose the New Deal program and basically comprised a group of rich and elite businessmen. As the program introduced higher taxes for the rich, the higher class felt betrayed and hence formed the league.