NEW DEAL


Meaning of NEW DEAL in English

U.S. domestic program of Pres.

Civilian Conservation Corps to alleviate unemployment, the National Recovery Administration to revive industrial production, the Federal Deposit Insurance Corp. and the Securities and Exchange Commission to regulate financial institutions, the Agricultural Adjustment Administration to support farm production, and the Tennessee Valley Authority to provide public power and flood control. A second period of legislation (1935–36), often called the second New Deal, established the National Labor Relations Board , the Works Progress Administration , and the {{link=Social Security Act">social security system. Some legislation was declared unconstitutional by the U.S. Supreme Court, and some programs did not accomplish their aims, but many reforms were continued by later administrations and permanently changed the role of government. See also Public Works Administration .

Britannica English dictionary.      Английский словарь Британика.