What was one consequence of the New Deal programs initiated during the Great Depression?

One significant consequence of the New Deal programs initiated during the Great Depression was the expansion of the federal government's role in the economy. The New Deal, implemented by President Franklin D. Roosevelt in response to the economic crisis, included a series of programs and reforms aimed at providing relief, recovery, and reform to a nation facing severe economic hardships.

Through initiatives such as Social Security, the establishment of the Securities and Exchange Commission (SEC), and the Federal Deposit Insurance Corporation (FDIC), the government took on a more active role in regulating the economy and providing a safety net for citizens. This marked a shift towards a more interventionist approach, where the federal government not only responded to economic crises but also sought to prevent future ones by instituting regulations and support systems.

This expansion in governmental responsibilities reflected a fundamental change in the relationship between the government and its citizens, emphasizing the idea that the government had a role in ensuring economic stability and social welfare. This transformative approach laid the groundwork for future policies and interventions in the economy, establishing a precedent for government involvement that continues to influence economic policy today.