New Deal

  

Definition

A series of economic policies introduced by President Franklin D. Roosevelt after the Great Depression left the U.S. economy in a dismal state. The programs were implemented to provide relief to millions of Americans that were stuck in a state of poverty as a result of the Great Depression. The various programs were rolled out over five years (1933-1938) and covered a range of items including labor, bank, and relief reforms. The New Deal had many opponents who felt the programs implemented built up the power held by the government and promoted capitalism. With the start of World War II, the programs created by the New Deal became practically unnecessary as GNP and unemployment rates improved drastically as men became soldiers and women took over jobs previously held by the men.

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