New deal is still affecting American society today with its heavy focus on privatization and globalization.
Explanation:
There are several institutions that form the backbone of the globalized and free trade economy of US that was founded in the time of the passing of the New Deal which is responsible for change to those form of practices.
These include:
Federal Housing Administration (FHA)
Federal Crop Insurance Corporation (FCIC),
Federal Deposit Insurance Corporation (FDIC),
Tennessee Valley Authority (TVA)
These are the institutions that are safeguard of the type of economy founded in the New deal.
