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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fix this economy
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prevent a future depression
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direct help to the people (jobs, $)
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None of the above
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Detailed explanation-1: -Reform was President Roosevelt’s objective of finding the sources of the Depression and creating a plan so that it would never happen again.
Detailed explanation-2: -Based on the assumption that the power of the federal government was needed to get the country out of the depression, the first days of Roosevelt’s administration saw the passage of banking reform laws, emergency relief programs, work relief programs, and agricultural programs.
Detailed explanation-3: -The New Deal is often summed up by the “Three Rs”: relief (for the unemployed) recovery (of the economy through federal spending and job creation), and. reform (of capitalism, by means of regulatory legislation and the creation of new social welfare programs).