What economic policy was enacted in the United States in hopes of mitigating the financial crisis of the Great Depression?

The economic policy that was enacted in the United States in the hopes of mitigating the financial crisis of the great depression was called **the New Deal. **The New Deal was a series of government programs and regulatory efforts that sought to inject money into the American economy, get Americans back to work, and also seek to prevent further financial turmoil in the future.

Answered by Gibbs | 2024-06-10

The New Deal was a series of economic policies enacted by President Franklin D. Roosevelt in the 1930s to combat the Great Depression. It aimed to provide relief, recovery, and reform through various programs and regulations. This approach helped to stabilize the economy and improve the lives of many Americans.
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Answered by Gibbs | 2025-04-10