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   New Deal

   /ˌnjuː ˈdiːl/

   • 1. the economic measures introduced by Franklin D. Roosevelt in 1933 to counteract the effects of the Great Depression. It involved a massive public works programme, complemented by the large-scale granting of loans, and succeeded in reducing unemployment by between 7 and 10 million.

   Derivatives

   • 1. New Dealer noun

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