the new deal Flashcards
(12 cards)
What was the New Deal (1933–1939)?
A series of federal programs, public work projects, financial reforms, and regulations initiated by Franklin D. Roosevelt in response to the Great Depression.
What were the main goals of the New Deal?
To relieve unemployment, stimulate economic growth, and reform capitalism to prevent future economic crashes.
How did the New Deal change the role of government in the U.S. economy?
It significantly expanded the government’s role, shifting away from laissez-faire capitalism to more active intervention and social welfare.
What was the Civilian Conservation Corps (CCC)?
A New Deal program that provided jobs in natural resource conservation for young men.
What was the Works Progress Administration (WPA)?
A New Deal program that employed millions to carry out public funded infrastructure projects such as roads, schools, and bridges.
What did the Social Security Act (1935) establish?
Pensions for the elderly and unemployment insurance.
What was the purpose of the Federal Deposit Insurance Corporation (FDIC)?
To protect bank deposits and restore public trust in the banking system.
What did the National Recovery Administration (NRA) do?
It promoted fair wages and working conditions through business codes (though it was later declared unconstitutional).
Why is the New Deal ideologically significant?
It represents modern liberalism — supporting government action to ensure social justice while preserving democratic freedoms and private property.
How does the New Deal contrast with classical liberalism?
Classical liberalism favors limited government and laissez-faire economics, while the New Deal endorsed regulation and social safety nets.
How does the New Deal differ from authoritarian collectivism?
: It maintained democratic institutions and individual rights while still promoting collective welfare through government programs.
What does the New Deal demonstrate about liberal democracies?
That they can adapt their ideological principles to address economic and social crises without sacrificing political freedoms.
