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1. How did the
New Deal impact the role of government and American Capitalism?
2. Describe how
World War II impacted American Capitalism both at home and abroad.
3.
Discuss examples of how American Capitalism affected the international
economy following World War II
Discussion 4 - New
Deal; World War II; International Capitalism- post 2nd World War
Question
1: How did the New Deal impact the role of government and American Capitalism?
The new deal brought about significant effects on both the American government and capitalism. Before implementing the new deal, a few rich private individuals controlled the American economy, which translates to a capitalized form of economy. The initiation of a new deal by Franklin D. Roosevelt in 1933 expanded the American Government's role. After Franklin assumed the presidency, post in worked hand in hand with the government to stabilize the state's banking system . Franklin declared a national bank holiday on 6th march to hinder depositor from withdrawing their funds from faltering banks (Hein, & Truger, 2012). He also called Congress into an emergency session to allow...
