The New Deal was successful in meeting its aims of the reform, relief and recover by easing the

immediate problems of the people who suffered from the Great Depression, recovering the failed American economy (in turn restoring the confidence level of Americans due to the lost of faith in the economy), and the reformation of the conditions of the Tennessee Valley (as a result of frequent natural disasters) as well as the banking system.

The Tennessee Valley had a dangerous river which would destroy the farms in the area, with the land eroding and growing fewer crops. As a result, the people living there grew poorer and hungrier with no means of sustenance to the point where in 1933 half were living on dole money. The Tennessee Valley Authority (TVA) set up in 1933 dealt with this problem by building 21 massive dams on the river and its tributaries. This allowed farmers to run their farms again, coupled with their farms sustaining less damages than before. The dams were also able to generate 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 aided all electricity-related industries due to its low pricing, allowing their businesses 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 businesses improve. Thus, through the TVA, long-term benefits came out of the once called dust bowl, due to the many environmental problems caused by it. This reform in turn helped with the recovery of the American economy, proving how the New Deal was successful. As a result of the Great Depression, many people had become unemployed with the number of employed Americans as high as 15 million in 1933. The Tennessee Valley Authority (TVA) set up in 1933 also helped to create thousands of jobs for unemployed men all along the river, providing an immediate source of income for these employed men. In addition, it also gave the men a sense of purpose because they were given a task. Thus, this relief effort helped ease some of the immediate problems of the people who were suffering from the Great Depression, proving the success of the New Deal.

The infamous stock market crash which was responsible for the Great Depression strained the U.S. monetary system. This led to massive runs on the bank due to collective fears of loss of individual savings, which compounded the problem. The Emergency Banking Act in 1933 was then enacted, allowing the Congress to examine the banking conditions of all banks nationwide, determining which banks had to close and which could be reformed to remain open. About 5000 banks were allowed to reopen, and they were supported by government money. The

Congress also put in place Rules & regulations to prevent reckless speculation like that leading to Wall Street Crash. When the banks reopened for business, within two weeks, Americans had deposited more than half of the currency that they had withdrawn from the bank before the bank suspension. As such, it is clear that the Emergency Banking Act had been successful in the reform of the bank system in America through eliminating corruption and reforming the banking structure of America. The Emergency Bank Act restored credibility to the banking system and it also led to the restoration of the functionality of the banking system. This is imperative to the future development and running of the American economy as the banking system in a country is crucial to future financial developmental projects and the development of industrial and agricultural sectors of the country, which were also some of the many things President Franklin D. Roosevelt had planned to work on as part his New Deal plans. Hence, the Emergency Banking Act helped in the recovery of the American economy by the reforms implemented. As such, the New Deal was a success.