How did the New Deal aim to address the issues of the Great Depression?

The New Deal aimed to address the issues of the Great Depression through a multi-faceted approach characterized by relief, recovery, and reform programs. Relief programs were designed to provide immediate assistance to those suffering from the economic fallout, including job creation and support for the unemployed and impoverished. Recovery programs sought to revitalize the economy through large-scale public works projects, which helped stimulate economic growth and reduce unemployment. Reform initiatives aimed to prevent similar economic crises in the future by restructuring financial systems and enhancing regulatory measures, such as the establishment of the Securities and Exchange Commission.

This comprehensive strategy was crucial for restoring public confidence and providing necessary support to millions of Americans affected by the economic downturn. By taking an active role in economic recovery, the New Deal laid the groundwork for modern social safety nets and regulatory frameworks, addressing both the immediate needs and long-term structural issues of the American economy.