New Deal, in U.S. history, term for the domestic reform program of the administration of Franklin Delano Roosevelt Roosevelt, Franklin Delano (dĕl`ənō rō`zəvĕlt)
..... 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
..... Click the link for more information. through programs of agricultural and business regulation, inflation, price stabilization, and public works. Meeting (1933) in special session, Congress established numerous emergency organizations, notably the National Recovery Administration National Recovery Administration (NRA), in U.S. history, administrative bureau established under the National Industrial Recovery Act of 1933. In response to President Franklin Delano Roosevelt's congressional message of May 17, 1933, Congress passed the National
..... Click the link for more information. (NRA), the Federal Deposit Insurance Corporation Federal Deposit Insurance Corporation (FDIC), an independent U.S. federal executive agency designed to promote public confidence in banks and to provide insurance coverage for bank deposits up to $100,000.
..... Click the link for more information. (FDIC), the Agricultural Adjustment Administration Agricultural Adjustment Administration (AAA), former U.S. government agency established (1933) in the Dept. of Agriculture under the Agricultural Adjustment Act of 1933 as part of Franklin Delano Roosevelt's New Deal program.
..... Click the link for more information. (AAA), the Civilian Conservation Corps Civilian Conservation Corps (CCC), established in 1933 by the U.S. Congress as a measure of the New Deal program. The CCC provided work and vocational training for unemployed single young men through conserving and developing the country's natural resources.
..... Click the link for more information. , and the Public Works Administration Public Works Administration (PWA), in U.S. history, New Deal government agency established (1933) by the Congress as the Federal Administration of Public Works, pursuant to the National Industrial Recovery Act.
..... Click the link for more information. . Congress also instituted farm relief, tightened banking and finance regulations, and founded the Tennessee Valley Authority Tennessee Valley Authority (TVA), independent U.S. government corporate agency, created in 1933 by act of Congress; it is responsible for the integrated development of the Tennessee River basin.
..... Click the link for more information. . Later Democratic Congresses devoted themselves to expanding and modifying these laws. In 1934, Congress founded the Securities and Exchange Commission Securities and Exchange Commission (SEC), agency of the U.S. government created by the Securities Exchange Act of 1934 and charged with protecting the interests of the public and investors in connection with the public issuance and sale of corporate securities.
..... Click the link for more information. and the Federal Communications Commission Federal Communications Commission (FCC), independent executive agency of the U.S. government established in 1934 to regulate interstate and foreign communications in the public interest.
..... Click the link for more information. and passed the Trade Agreements Act, the National Housing Act, and various currency acts.

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
..... Click the link for more information. system was established in 1935, the year the National Youth Administration National Youth Administration (NYA), former U.S. government agency established in 1935 within the Works Progress Administration; it was transferred in 1939 to the Federal Security Agency and was placed in 1942 under the War Manpower Commission.
..... Click the link for more information. and Work Projects Administration Work Projects Administration (WPA), former U.S. government agency, established in 1935 by executive order of President Franklin Delano Roosevelt as the Works Progress Administration; it was renamed the Work Projects Administration in 1939, when it was made part of
..... Click the link for more information. were set up. The Fair Labor Standards Act Fair Labor Standards Act or Wages and Hours Act, passed by the U.S. Congress in 1938 to establish minimum living standards for workers engaged directly or indirectly in interstate commerce, including those involved in production of goods bound
..... Click the link for more information. was passed in 1938. The Revenue Acts of 1935, 1936, and 1937 provided measures to democratize the federal tax structure. A number of New Deal measures were invalidated by the Supreme Court, however; in 1935 the NRA was struck down and the following year the AAA was invalidated. The President unsuccessfully sought to reorganize the Supreme Court. Meanwhile, other laws were substituted for legislation that had been declared unconstitutional.

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.
..... Click the link for more information. . As the prospect of war in Europe increased, the emphasis of government shifted to foreign affairs. There was little retreat from reform, however; at the end of World War II, most of the New Deal legislation was still intact, and it remains the foundation for American social policy.

Bibliography

See 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 Deal

U.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 (redirected from Roosevelt's New Deal)

Bibliography

New Deal

New Deal
(redirected from Roosevelt's New Deal)