How Did the New Deal Change Attitudes About the Role

question 84

Essay

How did the New Deal change attitudes about the role of government in the economy, and the government's responsibility for the social welfare of ordinary Americans? What economic and social-welfare programs today trace their origins to New Deal legislation?

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Definitions:

Amortized

The process of spreading the cost of an intangible asset over its useful life, or the reduction of debt through regular payments of principal and interest over a set period.

Accumulated Amortization

The total amount of amortization expense that has been applied to intangible assets over time, reducing their book value on the balance sheet.

Intangible Assets

Assets that lack physical substance but have economic value due to rights, privileges, or advantages they confer to the business, such as patents, trademarks, and copyrights.

Amortized

The process of gradually reducing debt through regular payments over a set period, covering both the principal and interest.