| − | The '''New Deal''' was the name coined by President [[Franklin D. Roosevelt]], a [[Democratic Party|Democrat]], for the programs he sponsored, especially 1933-36. His program had three aspects: relief, recovery and reform. It sought to provide immediate relief for the millions of unemployed in the [[Great Depression]]. It promoted Recovery of the economy to normal standards--a goal he did not achieve. It involved a series of Reforms, especially in the financial system. | + | The '''New Deal''' was the name coined by President [[Franklin D. Roosevelt]], a [[Democratic Party|Democrat]], for the programs he sponsored, especially 1933-36. His program had three aspects: relief, recovery and reform. It sought to provide immediate relief for the millions of unemployed in the [[Great Depression]]. It promoted Recovery of the economy to normal standards--a goal he did not achieve, although under the New Deal, GDP increased every year from 1933 onward, except for 1937, when he attempted to cut taxes and scale back New Deal programs. It involved a series of Reforms, especially in the financial system. |