USA HISTORY

Detailed explanation-1: -The New Deal had three goals: relief, recovery, and reform. Relief meant that the president wanted to help those in crisis immediately by creating jobs, bread lines, and welfare. Recovery was aimed at fixing the economy and ending the Depression.

Detailed explanation-2: -The programs focused on what historians refer to as the “3 R’s": relief for the unemployed and for the poor, recovery of the economy back to normal levels, and reform of the financial system to prevent a repeat depression.

Detailed explanation-3: -Hint: Between 1933 and 1939, President Franklin D. Roosevelt implemented a series of programmes, public works projects, structural reforms, and regulations known as the New Deal.

Detailed explanation-4: -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-5: -The Securities Act of 1933 provided government oversight of stock trading. The Federal Deposit Insurance Corporation (FDIC) protected depositors’ bank accounts. Later programs included the Social Security Act, the Works Progress Administration (WPA), and the National Labor Relations Act.