Question

What effect did New Deal programs have on the economy during the Great Depression?

Answer 1

They backfired and caused more banks to close down is the effect that New Deal programs have on the economy during the Great Depression.

Explanation:

• The great depression which happened in 1929 devastated the economy of the US. The new deal was brought up by Roosevelt.  
• The new deal programs like social security act and also the schemes that helped the farmers and migrant workers.
• Thus it helped many people who suffered from depression.
• It helped by stimulating private home building and increased the number of individuals who have houses on their own.