How Did The New Deal Affect The Economy

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The New Deal that Franklin Delano Roosevelt introduced was a huge change in the way the government dealt with economic issues because it marked a huge increase in the amount of involvement of the government in the economy. Before F.D.R., especially in the Roaring Twenties and the Great Depression before he was elected, the government had a laissez-faire economic policy. They let the economy run its course and did not interfere. But after the Great Depression took its hold on America, it was clear that this hands-off approach wasn’t working anymore and the U.S. was only sinking deeper into the Great Depression. With the New Deal, F.D.R. ended laissez-faire economics in America and began the level of federal involvement in economics that we
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