The New Deal established federal responsibility for the welfare of the U.S. economy and the American people. Despite the importance of this growth of federal responsibility, perhaps the greatest achievement of the New Deal was to restore faith in American democracy at a time when many people believed that the only choice left was between communism and fascism.
What were the most important results of the New Deal?
What was the purpose of the New Deal?
The United States was in the throes of the Great Depression. Banks were in crisis, and nearly a quarter of the workforce was unemployed. Wages and salaries declined significantly, as did production. U.S. President Franklin D. Roosevelt’s New Deal (1933–39) aimed to provide immediate economic relief and to bring about reforms to stabilize the economy.