What the New Deal Did

What the New Deal Did - – Built greater stability and...

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What the New Deal Did
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Did not pull U.S. out of Great Depression Did not redistribute income Did not challenge capitalism What the New Deal did not do:
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What the New Deal did do: (Key word is “security”) Economic Ended bank “runs” and panics Created Securities Exchange Commission (SEC) to regulate Wall Street Created infrastructure for flow of private capital into home construction Preserved capitalism
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Unformatted text preview: – Built greater stability and predictability into U.S. economy – Created foundation for postwar prosperity • Social – Greater accommodation of immigrants, blacks, Indians, and poor – Conservation and internal improvements • Political – Liberal New Deal coalition of labor, farmers, blacks, intellectuals, and Southern whites dominated U.S. politics from 1930s through 1970s....
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What the New Deal Did - – Built greater stability and...

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