The Great Depression significantly influenced socioeconomic policies in the United States, leading to a shift towards greater government intervention in the economy. Initiated by the stock market crash of 1929, the ensuing economic decline prompted President Franklin D. Roosevelt to implement the New Deal, a series of programs and reforms aimed at recovery. These policies included job creation through public works projects, financial reforms to stabilize the banking system, and social welfare initiatives to support the unemployed and impoverished. The Great Depression fundamentally altered the relationship between the government and its citizens, expanding the role of the government in economic and social welfare.