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24 October, 09:20

What was the first New Deal?

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  1. 24 October, 09:42
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    The First New Deal refers to the primary actions taken by president FDR to deal with the financial and social crisis impacting the US during the Great Depression. It comprises the years 1933-1934. After taking office, he swiftly moved to stabilize the economy, provide jobs and relief to suffering people. FDR first tackled the banking crisis with the Emergency Banking Act, passed just a few days after the start of his presidency in March 1933. Emergency relief, worker relief and agricultural relief programs were passed. The acts and policies passed and enforced during the first years of his first presidency is what we call the First New Deal.
  2. 24 October, 09:49
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    the new deal was made between Germany and other western countries involved in the second world war for Germany to pay for reparations for damaged caused or done during the war
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