How does the New Deal relate to the New Deal era.
The New Deal is related to the New Deal Era. The New Deal Era is the time period when the New Deal programs were created and put into effect. Therefore, the New Deal Era and the New Deal are closely connected.
The New Deal Era began when Franklin D. Roosevelt became President in early 1933. He launched a series of programs designed to provide relief for the American people, recovery for the American economy, and reform of our financial and investment system. This Era lasted until 1939, approximately.
The relief programs were designed to get people working again. Many jobs were created in the construction field as a result of the Civil Works Administration and the Public Works Administration. Relief was also provided to homeowners and those who owned farms as they were helped with mortgages.
Recovery programs were designed to get the economy up and running again. For example, the National Industrial Recovery Act had businesses, workers, and the government working together. They agreed to a series of rules for wages, prices, and hours of work.
The reform programs were designed to prevent future depressions from happening again. The Glass-Steagall Act created insurance for savings accounts. It also prevented commercial banks from speculating in the stock market. The Securities Act created the Securities and Exchange Commission to prevent fraud.
These programs and many more were developed as part of the New Deal during the New Deal Era. They were designed to help people during the Great Depression and to try to prevent the causes that led to the Great Depression from happening again.