Government Responses to Economic Crisis After 1900

Franklin D. Roosevelt did not have a specific "Five-Year Plan" akin to the Soviet model, but his New Deal policies aimed to address the economic challenges of the Great Depression with a series of initiatives over the years. Key elements of his approach included:

• Economic Recovery: Focused on stimulating economic recovery through government intervention and investment.
• Public Works Programs: Initiated large-scale public works projects (such as the Works Progress Administration and Public Works Administration) to create jobs and improve infrastructure.
• Financial Reforms: Established regulatory measures, including the Securities Act and the Glass-Steagall Act, to restore confidence in the financial system.
• Social Safety Nets: Introduced social security and unemployment insurance to support individuals in times of need.
• Agricultural Support: Implemented measures through the Agricultural Adjustment Act (AAA) to stabilize agricultural prices and aid farmers.
  While not formally labeled a five-year plan, FDR’s New Deal represented a comprehensive approach to revitalizing the economy and implementing fundamental changes in government’s role in economic management.