How does the new deal effect our lives today?

In the short term, New Deal programs helped improve the lives of people suffering from the events of the depression. In the long run, New Deal programs set a precedent for the federal government to play a key role in the economic and social affairs of the nation.

Lasting effects of the New Deal include Social Security, a program that workers and employers pay into so they can retire when they reach old age. This is a popular program with very broad support.

Explanation:

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the government closely monitored its finances to avoid another financial collapse.