5. The New Deal (1933-1939)
Faced with the crippling effects of the Great Depression, President Franklin D. Roosevelt’s New Deal revolutionized the American economy. Through sweeping reforms and public works programs, the New Deal stabilized banks, created jobs, and restored public confidence.
These measures didn’t just aid recovery—they established a model for government intervention in economic crises. The foundation laid by the New Deal enabled future prosperity and positioned the U.S. to weather global challenges, influencing economic policy for decades to come.
