Franklin D. Roosevelt's New Deal: Relief and Reform
Classified in Social sciences
Written on in English with a size of 2.43 KB
Safeguards for a New Order
Finally, in our progress toward a resumption of work, we require two safeguards against a return of the evils of the old order; there must be strict supervision of all banking, credits, and investments; there must be an end to speculation with other people’s money, and there must be provision for an adequate but sound currency.
Immediately after his election, Roosevelt began to formulate policies to bring about relief from the economic hardships the American people were experiencing. These programs became known as the New Deal, a reference taken from a campaign speech in which he promised a "new deal for the American people." The New Deal focused on three general goals:
- Relief for the needy
- Economic recovery
- Financial