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24 July, 21:56

What were the three premises that the New Deal economic policy rested on?

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  1. 24 July, 22:21
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    The New Deal was a series of programs, reforms and regulations implemented by the government of of President Franklin D. Roosevelt in the United States between 1933 and 1936. It was a response to the effects that the Great Depression had on the country, and an effort to rebuild the economic system of this one.

    The New Deal focused on 3 premises to structure the economic policy. First it was the relief for the unemployed and poor. Second, the recovery of the economy back to normal levels, and lastly the reform of the financial system, so that a new crisis would not arise in the future.
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