President Franklin Roosevelt initiated the New Deal to address the Great Depression, contrasting with Herbert Hoover's approach, leading to a significant shift in government intervention in the economy.
President Franklin Roosevelt initiated the New Deal in response to the Great Depression, aiming to alleviate suffering and revitalize the economy. His administration introduced various programs like Social Security, the Securities and Exchange Commission, and the Works Progress Administration.
Herbert Hoover, the preceding president, faced criticism for not taking adequate measures against the economic crisis, which led to his loss in the 1932 election to FDR.
The New Deal marked a shift towards increased government intervention in the economy, contrasting Hoover's emphasis on minimal intervention and self-improvement.
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