The true statement about the New Deal is: <em>C. The New Deal helped the economy to slowly recover.</em>
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Franklin Delano Roosevelt (FDR) was an American politician and statesman who was elected as the 32nd President of the United States of America in 1933. He was born on the 30th of January, 1882 in Hyde Park, New York, United States of America.
The New Deal legislation was a collection of government reform programs in various sectors such as finance, public works, transportation and regulations that were established by President Franklin Delano Roosevelt between 1933 and 1939 in the United States of America in order to boost its economy, guard against economic disasters, and providing employment opportunities for the people during the Great Depression. The Great Depression was a period of severe economic downturn or meltdown (crisis) of the industrialized world and it mainly started from the United States of America, typically lasting for a period of ten (10) years i.e form 1929 to 1939.
The New Deal reform programs established by President Franklin Delano Roosevelt include the following;
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Social Security Administration (SSA).
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Works Progress Administration (WPA).
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Federal Housing Administration (FHA).
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National Youth Administration (NYA).
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Tennessee Valley Authority (TVA).
- Federal Deposit Insurance Corporation (FDIC).
Basically, the New Deal reform programs were established by FDR in acceptance of the federal government's responsibility to provide economic relief for the American citizens while helping the the economy to slowly recover during the Great Depression.
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