New Deal
Concept Map
Define
The New deal was a promise to the Americans from Franklin D. Roosevelt to provide relief for the needy, economic recovery, and financial reform.
Characteristics
Congress passed fifteen major legislative laws to help the nations economy. These laws created a greater role for the government in the economy. Roosevelt tried to restore Americans faith in the banking system.
Examples
The President helped reopen the closed banks. Congress passed the glass Steagall act, which gave insurance to individual bank accounts. The agricultural adjustment act was also passed to increase crop prices. The new deal provided government loans to people who could not pay there mortgage.
Non-examples
One of the bills Civilian conservation corps, which gave many men jobs and supplied food. The National Industrial Recovery Act was made to provide money to construct schools and community buildings. The New deal did not end the depression, some thought it made it worse.