Final answer:
The New Deal resulted in the Federal Government assuming ever-greater responsibility for the individual citizen's well-being through various programs and policies, such as deficit spending, the introduction of Social Security, and the creation of regulatory bodies.
Step-by-step explanation:
The New Deal resulted in the Federal Government assuming ever-greater responsibility for the individual citizen's well-being through various programs and policies. One of the significant effects of the New Deal was the expansion of government spending through deficit spending, which caused an increase in the U.S. debt. Additionally, the New Deal changed the public's view of governmental assistance, with the acceptance of the idea that the government is responsible for the economic security of its citizens.
Furthermore, the New Deal introduced programs such as Social Security, which shifted the responsibility for the care of the elderly and the infirm from individual families and states to the federal government. This marked the first time in U.S. history that the federal government expanded significantly in peacetime. The New Deal also led to the creation of regulatory bodies such as the Federal Deposit Insurance Corporation (FDIC) and the Security and Exchange Commission (SEC), which continue to exist today.
Overall, the New Deal expanded the role of the federal government in the economy and society, with lasting effects on the government's involvement in citizens' well-being and economic regulation.