What did FDR want to do to help prevent another Great Depression?

There were several things that President Franklin Roosevelt tried to do to prevent another Great Depression from happening. President Roosevelt worked to reform the banking industry. With the passage of the Glass-Steagall Act, savings accounts were initially insured up to $2,500. Also, commercial banks were prevented from taking investors' money and investing it in the stock market. The Securities Act was passed, and it stated that companies had to provide accurate information to investors. The Securities and Exchange Commission was formed to regulate the stock market and to work to prevent fraud.
President Roosevelt wanted to get people back to work. A series of programs was created, including the Civilian Conservation Corps, the Public Works Administration, and the Civil Works Administration, to help people get back to work. President Roosevelt hoped that if more people were working, the economy would begin to grow.
President Roosevelt also wanted to provide seniors with an income and to provide help to those people who were unemployed. The Social Security Act gave a pension to those who were 65 or older and unemployment benefits to people who weren’t working. President Roosevelt hoped that if older people and those who were unemployed had money, they would spend it, which would benefit the economy and help it grow.
Whether intentionally or unintentionally, President Roosevelt created a mindset that the government should act as a safety net in case the economy hit a slump. He hoped that with his programs and with a change in perspective about the role of the government, another Great Depression wouldn’t occur.
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