Franklin D. Roosevelt responded to the Great Depression with a series of economic measures collectively known as "The New Deal," which were designed to help bring the country out of recession, rejuvenate the economy and give the American people confidence in banking again. The New Deal was helped along by the passage of a series of laws, beginning with the Emergency Banking Act and ending with the Farm Credit Act.Continue Reading
One of the most popular programs of the New Deal was the Civilian Conservation Corps. It was used as a means for providing employment for those who were out of work while also creating many public works around the country. The Civil Works Administration was also launched to create jobs, although it was one of the shorter lived programs of the New Deal.
Some of the New Deal programs are still in use today, including the Federal Housing Administration, which is a government agency that addressed the housing problems caused by the Great Depression. As of 2014, the FHA still oversees housing programs and mortgage programs throughout the United States.
The Social Security Act is by far one of the most famous New Deal programs. This program provided an income for retired workers, guaranteeing an income for the elderly.Learn more about US History