The purpose of the New Deal was to provide relief (providing jobs for the unemployed and to protect farms from foreclosure), recovery (to get the economy back into high gear), and reform (to regulate banks, to abolish child labour and to conserve farm lands), and overall to save capitalism and bring back faith in the American economy. .
The New Deal was successful in meeting its aims of recovery, managing to aid the economy in its growth. For example, the dams built by the Tennessee Valley Authority (TVA), a policy implemented as part of the New Deal in 1933, provided a hydroelectric power plant which generated cheaper electricity as compared to the state electricity (by the end of 1940 the 21 dams were producing 3.2 billion kilowatts of electricity each year) through hydroelectric energy, which was beneficial to all electricity-related industries due to its low pricing. With the low electrical cost, these companies could cut their production costs needed for manufacturing, allowing their industries to boom. The dams also resulted in lakes building up behind them which were ideal for transport. Ships could now travel 1000 km up the river carrying various goods, and this allowed factories to transport their products to distant areas for sale, improving their profits and letting their industries improve. As such, this growth in industries assisted the economy in recovering and getting back in high gear. Thus, the New Deal (through which the TVA and its plans was implemented) was successful in recovering the American economy .
The New Deal was also successful in meeting its aims of relief. The New Deal introduced the Civilian Conservation Corps (CCC) in March 1933 which gave work (improving the environment in the American countryside) to unemployed young men for a dollar a day while providing them with food, clothing and shelter. Camp rules also said that they had to send $25 home to their parents each month.
