What does the term 'New Deal' refer to in American history?

The term 'New Deal' refers to a series of progressive reforms implemented in the United States during the 1930s, particularly under President Franklin D. Roosevelt. The New Deal was a response to the Great Depression and aimed at providing relief for the unemployed, recovery of the economy, and reform of the financial system to prevent future depressions. Key initiatives included social security, labor rights, infrastructure projects, and economic regulation to stabilize the economy.

The New Deal is not solely classified as an economic stimulus program, as it encompasses a broader range of reforms and initiatives. While economic stimulus was a significant aspect of the New Deal, the term itself highlights the extensive reforms aimed at addressing social, economic, and political issues of the time.