Categories
Investments glossary

The New Deal

The New Deal was a comprehensive and broad set of government-directed projects set forth by the federal government under President Franklin Delano Roosevelt and designed to help the United States economy emerge from the Great Depression. It launched in the early 1930s and was meant to bolster the United States economy, reduce unemployment, provide a social safety net, and instill confidence in the government’s ability to protect its citizens.

Click to rate this post!
[Total: 0 Average: 0]

Leave a Reply

Your email address will not be published. Required fields are marked *