Franklin D Roosevelt

FRANKLIN DELANO ROOSEVELT 'S NEW DEAL

The New Deal

The New Deal is name given to a series of actions taken by F .D Roosevelt 's administration to reform the American economic domain that suffered massively during the Great Depression . The chief objective of the New Deal was keeping a balance between different interests in a capitalistic system and to lead American nation and economic system to a new future . Though the actions of FDR 's administration did not form a part of carefully planned scheme and were taken to deal with

the immediate problems , yet of all actions were guided by three principles-relief , recovery and reform . FDR administration succeeded in preventing the destruction of American economic and political system . In fact , as a result of his administration , policies and effective measures , American socio-economic system was further strengthened

Background

Franklin Delano Roosevelt , the Democratic Party 's candidate for the presidency , promised American voters A New Deal ' three years after the stock prices crushed on Wall Street signaling the beginning of the Great Depression . The laws that Congress begun enacting a few days after Roosevelt took office in the first week of March 1933 is what came to be known by the new president , the press and every American citizen as the New Deal . This New Deal was United States national reaction to the Great Depression . Among the things that it dramatically shaped are the presidential power , politics and the role of federal government in the United States economy . The majority...