The basic idea of the New Deal was that the federal government has a major responsibility for helping the country recover from the Great Depression. This initiative, introduced by President Franklin D. Roosevelt during the 1930s, aimed to provide relief, recovery, and reform through various programs and policies.
1. Relief programs were established to provide immediate assistance to those suffering from the economic downturn. Examples include the Civilian Conservation Corps (CCC) and the Works Progress Administration (WPA), which created jobs and offered relief to unemployed individuals.
2. Recovery efforts focused on stimulating the economy to promote growth and stability. Programs like the Tennessee Valley Authority (TVA) aimed to modernize infrastructure and generate employment opportunities.
3. Reform measures were implemented to prevent future economic crises. The New Deal introduced regulatory reforms such as the Securities and Exchange Commission (SEC) to oversee financial markets and the Social Security Act to provide a safety net for citizens.
Overall, the New Deal reflected a shift towards increased federal intervention in economic and social issues to address the challenges of the Great Depression.
