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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excessive stock market speculation
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high unemployment
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increased use of credit
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limited income of senior citizens
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Detailed explanation-1: -President Franklin Delano Roosevelt created emergency relief agencies, such as the Civilian Conservation Corps (CCC) and the Works Progress Administration (WPA), to address the severe economic problems of the early 1930s.
Detailed explanation-2: -The Public Works Administration (PWA) reduced unemployment by hiring the unemployed to build new public buildings, roads, bridges, and subways. The Civilian Conservation Corps (CCC) employed hundreds of thousands of young men in reforestation and flood-control work.
Detailed explanation-3: -President Franklin D. 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: -Of all of President Roosevelt’s New Deal programs, the Works Progress Administration (WPA) is the most famous, because it affected so many people’s lives. Roosevelt’s work-relief program employed more than 8.5 million people.