It also did not redistribute income equally among the people. However, it did provide Americans with economic security that they had never known before. The legacy of the New Deal included unemployment insurance, social security insurance, and insured bank deposits The Wagner Act reduced violence in labor relations. The Securities and Exchange Commission protected the Stock Market investment of millions of small investors. The New Deal’s greatest and most important legacy was a shift in government philosophy. Because of the New Deal, the American people came to believe that the federal government has a responsibility to ensure the health and prosperity of the nation’s economy and the welfare of its
It also did not redistribute income equally among the people. However, it did provide Americans with economic security that they had never known before. The legacy of the New Deal included unemployment insurance, social security insurance, and insured bank deposits The Wagner Act reduced violence in labor relations. The Securities and Exchange Commission protected the Stock Market investment of millions of small investors. The New Deal’s greatest and most important legacy was a shift in government philosophy. Because of the New Deal, the American people came to believe that the federal government has a responsibility to ensure the health and prosperity of the nation’s economy and the welfare of its