USA HISTORY

THE GREAT DEPRESSION 1929 1940

THE GREAT DEPRESSION

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Until the New Deal, the basic approach of the federal government for handling an economic depression was:
A
to allow the economy to recover on its own.
B
to ask for help from other nations.
C
establish massive deficit-spending programs.
D
None of the above
Explanation: 

Detailed explanation-1: -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-2: -The Civilian Conservation Corps (CCC), which employed young, single men at federally funded jobs on government lands. The Federal Emergency Relief Act (FERA), which gave federal grants to states that funded salaries for government workers as well as local soup kitchens and other direct-aid to the poor programs.

Detailed explanation-3: -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-4: -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.

There is 1 question to complete.