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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PWA
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CCC
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AAA
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FDIC
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Detailed explanation-1: -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-2: -Roosevelt’s New Deal Recovery programs focused on stabilizing the economy by creating long-term employment opportunities, decreasing agricultural supply to drive prices up, and helping homeowners pay mortgages and stay in their homes, which also kept the banks solvent.
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).
Detailed explanation-4: -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.