In page navigation
New Deal
Invezz is an independent platform with the goal of helping users achieve financial freedom. In order to fund our work, we partner with advertisers who compensate us for users that Invezz refers to their services. While our reviews and assessments of each product on the site are independent and unbiased, brands may pay to appear higher up our table rankings or place ads in specific areas of the site. The order in which products and services appear on Invezz does not represent an endorsement from us, and please be aware that there may be other platforms available to you than the products and services that appear on our website. Read more about how we make money >
The U.S. Federal government under President Roosevelt began, in 1933, a num ber of projects designed to give financial assistance and work to the large num ber ofpeople thrown out ofemployment by the great depression, which followed the stock market collapse on Wall Street in 1929. This change of policy was called the New Deal. It met with a certain amount of opposition, because it led to budget deficits.
Reference: The Penguin Dictionary of Economics, 3rd edt.
More definitions
Invezz is a place where people can find reliable, unbiased information about finance, trading, and investing – but we do not offer financial advice and users should always carry out their own research. The assets covered on this website, including stocks, cryptocurrencies, and commodities can be highly volatile and new investors often lose money. Success in the financial markets is not guaranteed, and users should never invest more than they can afford to lose. You should consider your own personal circumstances and take the time to explore all your options before making any investment. Read our risk disclaimer >