THE GREAT DEPRESSION 1929 1940
THE GREAT DEPRESSION
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
by eliminating trading on the stock market
|
|
|
by encouraging war with Germany and Japan
|
|
|
by creating jobs through various new programs
|
|
|
by giving people money through new bank laws
|
Detailed explanation-1: -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-2: -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-3: -The New Deal restored a sense of security as it put people back to work. It created the framework for a regulatory state that could protect the interests of all Americans, rich and poor, and thereby help the business system work in more productive ways.
Detailed explanation-4: -The New Deal failed because the AAA, by interfering with supply and demand, damaged farming which had repercussions on the overall economy. The government ensured price floors on wheat and cotton. Thus, wheat and cotton farmers expanded their businesses and other farmers flocked to those “guaranteed” crops.
Detailed explanation-5: -Roosevelt’s “New Deal” helped bring about the end of the Great Depression. The series of social and government spending programs did get millions of Americans back to work on hundreds of public projects across the country.