FDR’s New Deal

Definition

FDR's New Deal refers to a series of programs and policies implemented by President Franklin D. Roosevelt during the Great Depression to provide relief, recovery, and reform. It aimed to address the economic crisis, create jobs, regulate the financial system, and protect citizens from future depressions.

Related terms

Social Security Act: A key component of FDR's New Deal that established a system of retirement benefits for workers.

Works Progress Administration (WPA): A program under the New Deal that provided employment opportunities for millions of Americans through various public works projects.

National Recovery Administration (NRA): An agency created by the New Deal which aimed to stimulate industrial recovery by establishing fair labor practices and promoting cooperation between businesses.