Franklin D. Roosevelt passed the New Deal in response to the Great Depression of the 1930s with the primary purpose of providing relief, recovery, and reform to the American people and economy. The New Deal aimed to:
- Provide immediate relief to the unemployed and poor through job creation and welfare programs.
- Promote economic recovery by stimulating demand, creating jobs through public works projects, and stabilizing industries and agriculture.
- Implement reforms to prevent future economic crises by regulating the financial system, supporting labor rights, and establishing social safety nets like Social Security.
Roosevelt believed that massive government intervention was necessary to stabilize the economy, restore confidence, and address the inherent instabilities that caused the depression. The New Deal included programs such as the Civilian Conservation Corps (CCC), Works Progress Administration (WPA), Agricultural Adjustment Administration (AAA), and the establishment of the Federal Deposit Insurance Corporation (FDIC) to insure bank deposits. It also introduced labor protections and financial market regulations. Overall, the New Deal redefined the role of the federal government, making it responsible for the economic welfare of its citizens and setting a precedent for future social welfare programs
