New Deal
From ACT Wiki
Jump to navigationJump to search
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.
