Answer:
Basically, President Franklin D. Roosevelt's New Deal created many government institutions and programs that aimed to achieve:
1. relief
2. recovery
3. reform
To make sure that an economic disaster like the Great Depression would never happen again, Roosevelt established his New Deal. The New Deal brought sweeping reforms in American economic policy.
For example, the U.S. has economic safeguards (including "safety nets") that protect the U.S. economy.
The New Deal also created financial institutions and programs that still exist today. One of the most widely known is Social Security, which is a program that provides insurance and benefits to the retired + elderly, those with disabilities, and war veterans.
We also have the FDIC or Federal Deposit Insurance Corporation, which ensures that you will not lose your money if the bank fails (insured deposits).
Many people still rely on the benefits and protections from these programs. In fact, some take advantage of the government for their own benefit. People with both high or low wages can access their government benefits, and such a practice may be unsustainable in the future.
There is definitely more to the New Deal, but this is most of what I remember off the top of my head. Hope this helps!
