THE NEW DEAL
- Make work projects
- To be done in the first 100 days of FDR's admin
- Following John Maynard Keynes economic theories
- Building of the Interstates, Hoover Dam etc.
Interesting Fact
The Empire State building, the Chrysler building, the Golden Gate Bridge and Rockefeller Center were all built as part of depression-era worker relief programs.
Quote
"I pledge you, I pledge myself, to a new deal for the American people."
--Franklin D. Roosevelt, accepting the Democratic Party nomination for President, 1932
--Franklin D. Roosevelt, accepting the Democratic Party nomination for President, 1932
Subjunctive Question
Would the USA have eventually gotten themselves out of the Depression without the New Deal?
Summary
FDR put the New Deal in place to help the USA get out of the Depression. It created make work projects which were funded by the government inorder to help people make some money. It was to be done in the first 100 days of FDR's admin. These projects included the buliding of the Hoover Dam and many interstates that we use today. It following John Maynard Keynes economic theories.