What is the function and significance of Roosevelt's New Deal?

The function and significance of Roosevelt's New Deal;

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

2. Strengthen state intervention and management of economy;

3. Push the United States out of the economic crisis and become a world economic power again;

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

5. Contained fascism in the United States.

Roosevelt's New Deal:

Roosevelt's New Deal refers to a series of economic policies implemented by franklin roosevelt after he took office as the president of the United States in 1933. The New Deal greatly eased the economic crisis and social contradictions brought about by the Great Depression by increasing the direct or indirect government intervention in the economy. Through the National Assembly, the Emergency Banking Law, the National Industrial Rehabilitation Law, the Agricultural Adjustment Law, the Social Security Law and other bills were promulgated. Until World War II, the United States had recovered to the level before the economic crisis.

The essence of Roosevelt's New Deal;

Local adjustment of capitalist relations of production and self-improvement of capitalist system.

The core of Roosevelt's New Deal:

Maximize the protection of the interests of the middle and small bourgeoisie and the lower classes, and gradually stabilize social order.