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Running head: ANALYZING A SOCIAL POLICY 1 Analyzing a Social Policy Student’s Name University/College
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ANALYZING A SOCIAL POLICY 2 The New Deal is a social policy that sought to improve the US economy while providing work for a large number of the citizenry. The social policy meant that the government would begin to spend on public projects. It was done instead of providing cash payments that have not been effective in dealing with the Great Depression that occurred in the 1930s. The lack of employment and social depression was a major issue facing the citizenry (Goetz, 2013) . It was imperative that the government comes up with social policy to deal with the current challenges. The New Deal was passed in the US between 1933 and 1938. The Great Depression The social problem addressed by the policy is the Great Depression. The social policy creates a means to deal with the depression while allowing the population to have better prospects economically. The Great Depression occurred from 1929 for ten years. It was a period that the country was undergoing an economic recession. The recession was signaled by the crash of Wall Street in 1929, leading to a significant downturn in the economy countrywide. The issues faced in the country were broad and varied. It included high unemployment rates, low profits, poverty, reduced income from agriculture and lost opportunities that would have been vital to economic growth and recovery. The country plunged into an economic downturn that made living conditions worse (Birrell, 2009). The Great Depression was a major issue in the society leading to emigration and movement as people began to look for better opportunities in other countries. Many theories emerged to explain the Great Depression. Specifically, the structural approaches can be used in understanding the causes. The theory looks at the institutional economics. In this regard, over-investment and reduced consumption were a primary cause of the depression. The country has witnessed an increasing GDP before the depression. However, an
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