The New Deal was a domestic program that took action and brought immediate economic relief as well as reforms in industry, finance, agriculture, labor, etc., and was administrated by President Franklin D. Roosevelt between 1933 and 1939. The term New Deal was actually taken from the President’s speech while accepting the Democratic nomination for the presidency in July 2, 1932. After reacting to the ineffectiveness of the administration of then President, Herbert Hoover, in meeting the ravages of the Great Depression, American voters tremendously voted in favor of the Democratic promise of a ‘New Deal’ for the ‘forgotten man’ that following November. The New Deal, which was generally opposed to the traditional American Political philosophy
