What was the New Deal?

The New Deal: The Legacy of FDR

The New Deal was a comprehensive series of social and economic programs enacted during the Great Depression by the Franklin D. Roosevelt Administration that have become part of our everyday lives today.

The New Deal gave the American people the Agricultural Adjustment Act (AAA), which provided funding to farmers to curtail their production; the National Industrial Recovery Act (NRA), which provided for codes of fair competition to regulate industry, and for the first time in American history guaranteed the rights of labor to bargain collectively; the Public Works Administration (PWA), which constructed roads, dams, and public buildings; the Federal Deposit Insurance Corporation (FDIC), which served to insure deposits in banks; the Tennessee Valley Authority (TVA), which provided for navigation, flood control, electricity generation and economic development in the Tennessee River Valley, at the time one of the poorest and least developed regions of America.

The government also set up a special work program for the unemployed in the Civilian Conservation Corps (CCC), whose members planted trees, built public parks, drained swamps to fight malaria, restocked rivers with fish, worked on flood control projects and a range of other work that helped to conserve the environment. Also through the New Deal the government refinanced mortgages, provided emergency relief for Americans who could not then support themselves, regulated the stock market through the Securities and Exchange Commission (SEC), and provided Social Security to America. The New Deal also provided many more projects and programs to alleviate the suffering brought on by the Great Depression.

Want to learn about the many New Deal programs and what the New Deal did for the people of America during the 1930s and 1940s? Visit the FDR Center's New Deal summary section to learn all about the New Deal.

The New Deal: The Legacy of FDR

 
 
 
   
 
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