The role and significance of Roosevelt’s New Deal?

The role and significance of Roosevelt’s New Deal:

1. Created a new model of state intervention in the economy;

2. Strengthened state intervention and management of the economy ;

3. Promote the United States to emerge from the economic crisis and become a world economic power again;

4. Promote the United States to change its original foreign policy and strengthen international cooperation;

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5. Contained the growth of fascism in the United States.

Roosevelt's New Deal:

Roosevelt's New Deal refers to a series of economic policies implemented after Franklin Roosevelt became president of the United States in 1933. The New Deal was designed to increase the government's direct or indirect intervention in the economy. This approach greatly alleviated the economic crisis and social conflicts caused by the Great Depression. The "Emergency Banking Act", "National Industrial Recovery Act", "Agricultural Adjustment Act", "Social Security Act" and other bills were enacted through Congress. Until World War II, the United States had returned very well to pre-crisis levels.

The essence of Roosevelt’s New Deal:

Partial adjustment of capitalist production relations and self-improvement of the capitalist system.

The core of Roosevelt's New Deal:

Protect the interests of the small and medium-sized bourgeoisie and the lower classes to the greatest extent, and gradually stabilize the social order.