22, 2021.įranklin Delano Roosevelt Presidential Library and Museum. ' Gross Domestic Product Per Capita.' Accessed Jan. He also implemented a number of job creation schemes like the Federal Emergency Relief Act (FERA) and the Civilian Conservation Corps (CCC).įederal Reserve Bank of St. In his first 100 days in office, he put into effect many major laws, including the Glass-Steagall Act and the Homeowners Loan Act.

Upon taking office in 1933, Roosevelt went straight to work on implementing reforms he hoped would stabilize the economy and provide jobs and financial relief to the American people.

Today, the legacy of the New Deal remains with programs like Social Security still in place.

Roosevelt, the New Deal was an enormous federally-funded series of infrastructure and improvement projects across America, creating jobs for workers and profits for businesses.

Economists often credit the New Deal with shortening the length and depth of the depression, while others question its impact on an otherwise weak recovery.

The New Deal of the 1930s helped revitalize the U.S.

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