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New Deal |
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New Deal, in U.S. history, term for the domestic reform program of the administration of Franklin Delano Roosevelt Roosevelt, Franklin Delano , 1882–1945, 32d President of the United States (1933–45), b. Hyde Park, N.Y.
Early Life
Through both his father, James Roosevelt, and his mother, Sara Delano Roosevelt, he came of old, wealthy families. ..... Click the link for more information. ; it was first used by Roosevelt in his speech accepting the Democratic party nomination for President in 1932. The New Deal is generally considered to have consisted of two phases. The first phase (1933–34) attempted to provide recovery and relief from the Great Depression Great Depression, in U.S. history, the severe economic crisis supposedly precipitated by the U.S. stock-market crash of 1929. Although it shared the basic characteristics of other such crises (see depression), the Great Depression was unprecedented in its length and The second phase of the New Deal (1935–41), while continuing with relief and recovery measures, provided for social and economic legislation to benefit the mass of working people. The social security social security, government program designed to provide for the basic economic security and welfare of individuals and their dependents. The programs classified under the term social security differ from one country to another, but all are the result of government The New Deal, which had received the endorsement of agrarian, liberal, and labor groups, met with increasing criticism. The speed of reform slackened after 1937, and there was growing Republican opposition to the huge public spending, high taxes, and centralization of power in the executive branch of government; within the Democratic party itself there was strong disapproval from the "old guard" and from disgruntled members of the Brain Trust Brain Trust, the group of close advisers to Franklin Delano Roosevelt when he was governor of New York state and during his first years as President. The name was applied to them because the members of the group were drawn from academic life. BibliographySee B. Rauch, History of the New Deal 1933–1938 (1944); A. Schlesinger, Jr., The Coming of the New Deal (1959) and The Politics of Upheaval (1960); M. Keller, ed., The New Deal: What Was It? (1963); R. Eden, ed., The New Deal and Its Legacy (1989); W. E. Leuchtenburg, The Supreme Court Reborn (1995); G. E. White, The Constitution and the New Deal (2001); A. L. Hamby, For the Survival of Democracy: Franklin Roosevelt and the World Crisis of the 1930s (2004). New DealU.S. domestic program of Pres. Franklin Roosevelt to bring economic relief (1933–39). The term was taken from Roosevelt's speech accepting the 1932 presidential nomination, in which he promised “a new deal for the American people.” New Deal legislation was enacted mainly in the first three months of 1933 (Roosevelt's “hundred days”) and established such agencies as the Civil Works Administration and the Civilian Conservation Corps to alleviate unemployment, the National Recovery Administration to revive industrial production, the Federal Deposit Insurance Corp. and the Securities and Exchange Commission to regulate financial institutions, the Agricultural Adjustment Administration to support farm production, and the Tennessee Valley Authority to provide public power and flood control. A second period of legislation (1935–36), often called the second New Deal, established the National Labor Relations Board, the Works Progress Administration, and the social security system. Some legislation was declared unconstitutional by the U.S. Supreme Court, and some programs did not accomplish their aims, but many reforms were continued by later administrations and permanently changed the role of government. See also Public Works Administration. New Deal a system of measures undertaken by the US government between 1933 and 1938 to mitigate the contradictions of American capitalism, which had been aggravated as a result of the economic crisis of 1929–33. The New Deal is associated with President F. D. Roosevelt. During the first period of the New Deal (1933–34) laws advantageous to large-scale employers were passed. The National Industrial Recovery Act (NIRA), which was passed in 1933, provided for the introduction into various branches of industry of “codes of fair competition,” which fixed production costs and levels of output and allocated market areas. Basically, the codes supported the largest monopolies at the expense of small and middle-level employers. The Agricultural Adjustment Act (AAA), which was passed in 1933, was designed to raise prices for farm products by paying monetary compensation to farmers who reduced sown areas and livestock herds. These and subsequent New Deal economic measures directed at state regulation of the economy constituted an important stage in the development of state-monopoly capitalism in the USA. A number of laws were passed during the second period of the New Deal (1935–38), a time marked by the growth of the working-class and democratic movements: Among those passed in 1935 were the National Labor Relations Act (the Wagner Act), which reinforced NIRA provisions concerning the right of workers to organize trade unions and conclude collective agreements, and the law providing for social security and for aid to the unemployed, the first such law in the history of the USA. The Fair Labor Standards Act (1938) established minimum wages and the maximum length of the workday for certain categories of workers. The labor and social laws of the New Deal expressed the government’s aim to deaden the class struggle and weaken the workers’ and mass democratic movement. Through their struggle to expand the framework of bourgeois democracy, the toiling masses forced the ruling circles of the USA to undertake reforms and compromises. REFERENCEMal’kov, V. L. “Novyi kurs” ν SShA: Sotsial’nye dvizheniia isotsial’naia politika. Moscow, 1973.D. G. NADZHAFOV Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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