USA HISTORY

Detailed explanation-1: -The New Deal was a series of programs, pubIic work projects, financial reforms, and regulations enacted by President Franklin D. Roosevelt in the United States between 1933 and 1939.

Detailed explanation-2: -New Deal Policies FDR launched the New Deal in three waves from 1933 to 1939. Congress passed dozens of programs to stabilize the U.S. financial system. They provided relief to farmers, and jobs to the unemployed. They also built private-public partnerships to boost manufacturing.

Detailed explanation-3: -The New Deal is often summed up by the “Three Rs”: relief (for the unemployed) recovery (of the economy through federal spending and job creation), and. reform (of capitalism, by means of regulatory legislation and the creation of new social welfare programs).

Detailed explanation-4: -In his acceptance speech, Roosevelt addressed the problems of the depression by telling the American people that, “I pledge you, I pledge myself, to a new deal for the American people.” In the election that took place in the fall of 1932, Roosevelt won by a landslide.

Detailed explanation-5: -Banks were in crisis, and nearly a quarter of the workforce was unemployed. Wages and salaries declined significantly, as did production. U.S. President Franklin D. Roosevelt’s New Deal (1933–39) aimed to provide immediate economic relief and to bring about reforms to stabilize the economy.