The New Deal introduced by President Franklin D. Roosevelt during the Great Depression included several key points:
1. Control over banks: The New Deal aimed to stabilize the banking system and restore public confidence in banks by implementing regulations and reforms to prevent future economic crises.
2. Revision of labor legislation: The New Deal included measures to improve working conditions, protect workers' rights, and promote collective bargaining, such as the establishment of the National Labor Relations Act.
3. Investment in public works: One of the central components of the New Deal was the creation of public works projects like the Civilian Conservation Corps (CCC) and the Works Progress Administration (WPA) to provide jobs and stimulate economic recovery through infrastructure development.
4. Agricultural price support and increased production: The New Deal included initiatives to support farmers, stabilize agricultural prices, and increase production to combat the effects of the Dust Bowl and agricultural depression.
These points reflect the broad scope of the New Deal policies aimed at addressing the economic challenges faced during the Great Depression and implementing reforms to spur recovery and alleviate hardship across various sectors of society.
