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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“Rugged individualism” will end social inequality
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Government must assume greater responsibility for helping the unfortunate
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Antitrust legislation could destroy the free enterprise system
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State governments should have more power over the economy than the national government
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Detailed explanation-1: -"A Better Relationship Between Management and Labor" This idea was a guiding principle in the National Industrial Recovery Act that sought to bring management, labor, and consumers together to create industrial codes that produced goods at a fair price, under fair working conditions, and resulted in a fair profit.
Detailed explanation-2: -The New Deal was a series of programs and projects instituted during the Great Depression by President Franklin D. Roosevelt that aimed to restore prosperity to Americans. When Roosevelt took office in 1933, he acted swiftly to stabilize the economy and provide jobs and relief to those who were suffering.
Detailed explanation-3: -Roosevelt’s “New Deal” aimed at promoting economic recovery and putting Americans back to work through Federal activism. New Federal agencies attempted to control agricultural production, stabilize wages and prices, and create a vast public works program for the unemployed.
Detailed explanation-4: -The New Deal restored a sense of security as it put people back to work. It created the framework for a regulatory state that could protect the interests of all Americans, rich and poor, and thereby help the business system work in more productive ways.