The New Deal was FDR's attempt to get the nation out of the Great Depression. It followed the idea of economist John Maynard Keynes employing deficit spending to "prime the pump" in the economy. It was several massive government spending projects aimed at keeping the populace employed, strengthening the value of the dollar, and keeping money flowing in the American economy. Keynes said that it was better for the government to pay people to bury dollar bills in bottles and then allow them to dig them up again than to allow the populace to remain unemployed.
There remains controversy over whether or not the New Deal had any hand in getting the country out of the Depression. Unemployment remained staggeringly high throughout FDR's presidency until the economic boost the United States economy received as a result of the second world war. Many argue that government cannot create jobs since its wealth is usurped from the very same people it hopes to employ.
It was to promote economic recovery and social reform in the 1930s by President Franklin D. Roosevelt.
a free market
The SEC regulated the stock marketduring the Great Depression.
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To create jobs
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a free market
The SEC regulated the stock marketduring the Great Depression.
The New Deal.
The New Deal
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The duration of Deal or No Deal - New Zealand - is 3600.0 seconds.