New Deal
The New Deal was a series of domestic programs, public work projects, and financial reforms and regulations enacted by President Franklin D. Roosevelt in the United States between 1933 and 1938, with the aim of addressing the Great Depression, which began in 1929. Roosevelt introduced the phrase upon accepting the 1932 Democratic presidential nomination, and won the election in a landslide over Herbert Hoover, whose administration was viewed by many as doing too little to help those affected. It was widely believed that the depression was caused by inherent market instability, and that massive government intervention was necessary to stabilize and rationalize the economy.
| Location | United States
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| Outcome | Reform of Wall Street; relief for farmers and unemployed; Social Security; political power shifts to Democratic New Deal Coalition
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