Why was the New Deal introduced?

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โˆ™ 2011-09-13 16:50:35

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The New DealDuring the 1920's, American was the richest country in the world and people flocked from all over Europe to live the American dream.The new deal was introduced to help the American economy after the wall street crash that happened in the "Roaring twenties" (1920). After the First World War America's economy was damaged (although not as damaged as other countries who participated in the war) and the people of America were feeling the effects as industries and banks crashed. The New Deal which consisted of three main principles, Relief, Reform and Recovery was made by President Franklin D. Roosevelt. Relief was supposed to help the unemployed, recovery was supposed to rebuild the economy and Reform was to create a fairer and more just society. All this was done to principally repair Americas economy.
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Q: Why was the New Deal introduced?
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Who introduced the New Deal?

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