What notable legislation was passed during the New Deal? 🔊
During the New Deal, several notable pieces of legislation were passed to address the economic hardships of the Great Depression. Key legislation included the Social Security Act of 1935, which established a social insurance program to provide financial support to the elderly, unemployed, and disabled. The National Industrial Recovery Act of 1933 aimed to stimulate industrial growth and improve labor conditions, while the Federal Securities Act instilled regulations to restore public confidence in the stock market. Additionally, the Federal Emergency Relief Act provided direct relief to those in need. These legislative measures aimed at economic recovery and social reform fundamentally reshaped the American welfare state.
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