The New Deal under FDR led to permanent changes in the federal government, expanding its role in American life and business, with programs like the FDIC and SEC still in effect today.
The New Deal, implemented by President Franklin D. Roosevelt during the Great Depression in the 1930s, led to permanent changes in the federal government. It expanded the role of governmental actions in American life and business, establishing programs like the Federal Deposit Insurance Corporation (FDIC) and the Security and Exchange Commission (SEC), which continue to impact the nation today. Additionally, it increased the power of the federal government in shaping the economy and creating a safety net for citizens.
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