The far-reaching social and economic programs enacted during the first and second terms of President Franklin Roosevelt. The New Deal was inaugurated in 1933, to overcome the Great Depression. Unemployment relief was increased, industry and agriculture were revitalized, and large public works and other programs which eventually gave employment to ten million people were set up. Unemployment dropped from 17 million to 7 million. The banking system was also reformed, and in 1935 the Social Security Act was passed, giving security to the working population. The New Deal aroused some opposition at the time as "creeping socialism," but its main provisions have endured.