THE GREAT DEPRESSION 1929 1940
FRANKLIN D ROOSEVELTS NEW DEAL
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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for the first time.
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again.
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for the last time.
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indefinitely.
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Detailed explanation-1: -After all, there is an element in the readjustment of our financial system more important than currency, more important than gold, and that is the confidence of the people themselves. Confidence and courage are the essentials of success in carrying out our plan.
Detailed explanation-2: -Roosevelt was criticized for his economic policies, especially the shift in tone from individualism to collectivism with the dramatic expansion of the welfare state and regulation of the economy. Those criticisms continued decades after his death.
Detailed explanation-3: -President Franklin D. Roosevelt delivered his first fireside chat, on the Emergency Banking Act, eight days after taking office (March 12, 1933).
Detailed explanation-4: -Roosevelt supervised the mobilization of the U.S. economy to support the war effort and implemented a Europe first strategy, initiating the Lend-Lease program and making the defeat of Germany first a priority over that of Japan.