Government Involvement in the Economy: The New Deal rejected the laissez-faire approach of the past and prioritized direct government intervention to restore economic stability, provide relief, and promote recovery.
Relief for Struggling Americans: The New Deal aimed to provide immediate assistance to those affected by the Great Depression. It established various relief programs to help the unemployed, farmers, and vulnerable communities.
Economic Stimulus and Regulation: The New Deal included measures to stimulate economic growth through public works projects, infrastructure development, and financial reforms. It also implemented regulatory policies to prevent future economic crises.
Social Security and Worker Protections: The New Deal introduced important social programs, such as Social Security and unemployment insurance, to establish a safety net for vulnerable individuals and families. It also enacted labor laws to protect the rights and welfare of workers.
Balancing Power Dynamics: The New Deal sought to correct imbalances in economic and political power by introducing measures to curb the influence of big businesses and strengthen the position of workers, consumers, and small businesses.
Promoting Recovery and Long-term Sustainability: The New Deal's ultimate goal was to restore the economy to a healthy state and put the country on a path of long-term economic stability and growth.
These beliefs represented a significant shift in the federal government's approach to economic and social policy, and the New Deal had a profound impact on the United States, reshaping the role of government in the lives of citizens and shaping the nation's economic policies for decades to come.