New Deal is a program created by Franklin Delano Roosevelt during the Great Depression to counteract various effects of it. New Deal created many agencies and legislation to help the United States pull itself out of the Great Depression. Some of these agencies have tremendous effect even today. When Roosevelt was elected as the president, he faced many problems such as banking failure and unemployment. Almost immediately, he called on Congress and began what is known as Hundred Days Congress. During this period of time, many legislation was passed to help banks recover, create jobs for the unemployed, and set up many agencies to help these causes. National Recovery Administration and Public Works Administration were created to help industries, labor, and the unemployed. Glass-Steagall Act created Federal Deposit Insurance Corporation. Unemployment R....

Number Of Pages: 5

Number Of Words: 1179

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