Question

What was the essence of Roosevelt’s Third New Deal?

Answer 1

In 1932 ,Franklin D Roosevelt ,Governor Of New York,was nominated as the presidential candidate of the democratic party.After that Roosevelt considered the problems of depression on the American people and economy. He provided various measure for controlling the situation.

1.Banking Reform laws.

2.Emergency Relief programs.

3.Union protection program.

4.Social security Act.

5.Programs to help tenant farmers and marginal workers.

The third new deal program focused on relief to the unemployed and poor people , getting back the economy to normal level and reform of the financial system for reducing depression.

It helps the people to improve the lives of people suffering from recession.This third new deal was liable for some strong and effective accomplishment.,it gets back the people to work and saved capitalism.

Roosevelt has elected a comitee of president for the fulfillment of New Deal.It supported a remarkable legislative initiatives and earned significant increase in production and prices of goods and services.