New Deal
Programs, public work projects and financial reforms responding to the Great Depression, 1933 - 1939
Real World Example
The New Deal was important because it helped the United States recover from the Great Depression by creating jobs and providing financial security. It highlighted the tension between government intervention in the economy and free-market capitalism, a debate that continues today. Programs like Social Security, which began during the New Deal, still provide financial support to retirees and disabled people. This impacts people's daily lives by offering a safety net if they lose their job or retire. The New Deal's focus on public works also set a precedent for government investment in infrastructure, which affects how communities are built and maintained today.
