New Deal: Difference between revisions
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Revision as of 22:55, 9 July 2021
United States - public policy - legislation.
The New Deal refers to a series of major US public spending and public policy actions between 1933 and 1939.
They were a response to the Great Depression which had started in 1929, signalled - or triggered - by the Wall Street Crash.
The New Deal was designed to:
- Provide relief for unemployed and poor people.
- Stimulate economic activity.
- Reform the financial system to prevent another depression.
The US President during this period was the Democrat Franklin D. Roosevelt.
