Attention!! The New Deal
The First New Deal
The New Deal in History
The New Deal was a series of federal programs set by Franklin Delano Roosevelt, during the Great Depression and WWII, in order to save Capitalism and to resolve issues brought upon the people by the Great Depression.
The Main Goals
The main goals for the New Deal was the reform of the economy and the recovery of the people from the Depression. It was to stabilize the banks and clean up the mess caused by the Stock Market Crash of 1929. The New Deal was responsible for fixing the jobs in American Society. 25 percent of all Americans were unemployed in 1933, so the Government created a set of job agencies.
Perhaps one of the most important things that the New Deal was responsible for was moral uplift. Due to the vast increase of jobs and the improvement of the economy, many citizens were able to become optimistic about a bright future, as they were able to get a ruined society back onto its feet in less than a decade. The programs managed to help the financial branch of the economy recover from the Stock Market Crash of 1929. It also helped to steady prices for industrial and agricultural products, and it saved state and local governments from bankruptcy. The New Deal helped millions of people recover from the Depression. Go FDR!