USA HISTORY

Detailed explanation-1: -The New Deal stabilized the banks and cleaned up the financial mess left over from the Stock Market crash, allowing credit to flow again. It stabilized farm prices, aided state and local governments, and injected a surge of federal spending into the economy that bolstered household incomes and business revenues.

Detailed explanation-2: -The New Deal created a broad range of federal government programs that sought to offer economic relief to the suffering, regulate private industry, and grow the economy. The New Deal is often summed up by the “Three Rs”: relief (for the unemployed)

Detailed explanation-3: -The WPA gave some 8.5 million people jobs. Its construction projects produced more than 650, 000 miles of roads, 125, 000 public buildings, 75, 000 bridges, and 8, 000 parks. Also under its aegis were the Federal Art Project, Federal Writers’ Project, and Federal Theatre Project.

Detailed explanation-4: -The program included abolition of child labor, supporting higher wages for all workers, and government recognition of the right of workers to organize. Many of these items were already under consideration by the Administration but the conference gave added thrust to them.