Title: Fiscal Federalism | Boundless Political Science
Headings: Fiscal Federalism
Fiscal Federalism
The New Deal
Learning Objectives
Key Takeaways
Key Points
Key Terms
The New Deal
The First and Second New Deals
Political Realignment
Federal Grants and National Efforts to Influence the States
Learning Objectives
Key Takeaways
Key Points
Key Terms
Federal Grants
Types of Grants
Criticisms
Federal Mandates
Learning Objectives
Key Takeaways
Key Points
Key Terms

Content: The New Deal
The New Deal was a series of economic programs enacted in the U.S. between 1933 and 1936 that involved presidential executive orders passed by Congress during the first term of President Franklin D. Roosevelt. The programs were a response to the Great Depression. They focused on the “3 Rs”: relief, recovery, and reform. Relief was offered to the unemployed and poor; recovery was intended to bring the economy to normal levels; and system reform was hoped would prevent a repeat depression. Before the New Deal, deposits at banks were not insured against loss. When thousands of banks faced bankruptcy, many people lost all their savings. There was no national safety net, no public unemployment insurance, and no Social Security.