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NEW DEAL
When Franklin D. Roosevelt was elected president of the United States in 1932 he said: ‘I pledge you, I pledge myself, to a new deal for the American people.’ The new deal refers to the unprecedented government initiatives to stimulate industrial recovery from 1933 to 1939. These new programs and reforms of programs were designed to assist victims of the depression, to guarantee minimal standards of living, to provide financial stability for citizens and to create employment and economic growth. For example, the Social SECURITY Act of 1935 set up a system of old-age pensions and unemployment insurance. This period can be seen as the beginnings of the welfare state in the United States. See: WELFARE STATE / .

Last updated 2002--0-9-

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Athabaca University ICAAP

© Robert Drislane, Ph.D. and Gary Parkinson, Ph.D.
The online version of this dictionary is a product of
Athabasca University and
ICAAP

*This social science dictionary has 1000
entries covering the disciplines of sociology, criminology, political
science and women's study with a commitment to Canadian examples and
events and names