Meaning of “new deal” in the English Dictionary

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"new deal" in Business English

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new dealnoun [ S ]

also New Deal uk us ECONOMICS, GOVERNMENT
the New Deal

a set of actions taken by US President Franklin D. Roosevelt in the 1930s, intended to help the economy when it was in great difficulty:

Roosevelt's New Deal cultural programs marked the U.S. government's first big, direct investment in cultural development.

a set of actions by the UK government designed to help the unemployed:

The scheme would cover the New Deal programmes for young people and for the long-term unemployed.

(Definition of “new deal” from the Cambridge Business English Dictionary © Cambridge University Press)