American system-Economic program advanced by Henry Clay that included support for a national bank, high tariffs, and internal improvements; emphasized strong role for federal government in the economy.
Victory in Europe Day, generally known as V-E Day or simply V Day, was the public holiday celebrated on 8 May 1945 to mark the formal acceptance by the Allies of World War ll of Nazi Germany's unconditional surrender of its armed forces. It thus marked the end of World War ll in Europe.
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In the short term, New Deal programs helped improve the lives of people suffering from the events of the depression. In the long run, New Deal programs set a precedent for the federal government to play a key role in the economic and social affairs of the nation.
