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2 April, 22:24

Did Franklin Roosevelt's "new deal" weaken or save capitalism? Political cartoon "what a man"

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  1. 2 April, 22:41
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    The correct answer is: "save" Capitalism.

    The "New Deal" was a series of reforms made in the US government administration that was enacted by President Franklin D. Roosevelt in the period between 1933 and 1936. Its purpose was to serve as a relief for the citizens of the country after the Great Depression of 1929.

    This series of reforms established a framework under which private entities could operate. The government entities that were created served as regulators for entities that worked under certain industries. As well as providing a system by which workers could assign a part of their income in order to save for retirement (Social Security Administration).
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