THE GREAT DEPRESSION 1929 1940
THE GREAT DEPRESSION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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corporations were best left to operate without government interference
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state governments should give up control over commerce inside their states
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the government should be more concerned with the people’s social welfare
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the stock market was best left unregulated
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Detailed explanation-1: -The New Deal had three goals: relief, recovery, and reform. Relief meant that the president wanted to help those in crisis immediately by creating jobs, bread lines, and welfare. Recovery was aimed at fixing the economy and ending the Depression.
Detailed explanation-2: -The New Deal was grounded in the belief that the power of the federal government was needed to lift America from the Great Depression (Library of Congress, n.d.).
Detailed explanation-3: -The programs focused on what historians refer to as the “3 R’s": relief for the unemployed and for the poor, recovery of the economy back to normal levels, and reform of the financial system to prevent a repeat depression.
Detailed explanation-4: -Their coalition has splintered over time, but many of the New Deal programs that bound them together-Social Security, unemployment insurance and federal agricultural subsidies, for instance-are still with us today.