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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. It involved a series of Reforms, especially in the financial system. Although the New Deal failed to alleviate the immediate economic troubles, it had a significant impact on the economic and political systems of the United States. The New Deal created what is known as the "Broker State", where different interest groups compete in the national market. The government became a mediator between those interest groups, giving power to those who has enough political and economical power to demand it. One of the limitations of this Broker States was that minority groups were often ignored since they did not have political power.

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 fully achieve. It involved a series of Reforms, especially in the financial system and labor relations.  

 

Although the New Deal did not fully solve the economic catastrophe that was on the verge of destroying the US economy in early 1933, it achieved many of its objectives and in 1933-37 saw some of the fastest economic growth in American history, as many  (but not all) sectors returned to prossperity.

 

The New Deal created the "Broker State", where different interest groups compete in the national market. The government became a mediator between those interest groups, giving power to those who has enough political and economical power to demand it. One of the limitations of this Broker States was that minority groups were often ignored since they did not have political power.

==Economic planning==

==Economic planning==