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UPDATED: SEP 10, 2018 | ORIGINAL: AUG 13, 2018

Did New Deal Programs Help End the Great Depression?

While the New Deal did have a lasting impact on the U.S. economy, other significant factors contributed toward ending the Great Depression by June 1938.

BY BRIAN DUNLEAVY

A New Deal WPA mural created in 1942 for the former Social Security Board Building in Washington, D.C.

VCG Wilson/Getty Images

Since the late 1930s, conventional wisdom has held that President Franklin D. Roosevelt’s “New Deal” helped bring about the end of the Great Depression. The series of social and government spending programs did get millions of Americans back to work on hundreds of public projects across the country.