Answer to Question #73934 in Other History for PatSwim
World History -What was the New Deal?
World History: from laissez-faire to The New Deal. Great depression in 1932 seemed to be a temporary blip to the American President Hoover; however, that was a huge problem and the responsibility of the federal government of the USA. The New Deal was a set of Roosevelt's ideas, initially proposed by the British economist Keynes, to subject banking, production, and prices to strict government control.
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