Final answer:
The New Deal began with the Emergency Banking Act following a bank holiday to stabilize the financial system, and the creation of the FDIC through the Glass-Steagall Banking Act to insure bank deposits.
Step-by-step explanation:
The New Deal was a series of programs and policies implemented by President Franklin D. Roosevelt in response to the Great Depression. The two events that kicked off the New Deal were the declaration of a bank holiday and the subsequent passing of the Emergency Banking Act. This immediate response aimed to stabilize the banking system. It was soon followed by the Glass-Steagall Banking Act, which included the creation of the FDIC (Federal Deposit Insurance Corporation), providing government insurance for bank deposits to restore public confidence.
Moreover, Roosevelt's administration prioritized creating job opportunities and pushed for economic regulation and regional planning as part of the First New Deal. These programs sought to address bank reform, job creation, economic regulation, and regional planning. During Roosevelt's first hundred days in office, over fifteen major pieces of legislation were swiftly enacted, laying down the foundation of the New Deal, focusing on the three Rs: relief, recovery, and reform. Efforts to strengthen the economy continued with the Second New Deal, which brought additional reforms such as the Social Security Act.