THE GREAT DEPRESSION 1929 1940
THE GREAT DEPRESSION
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Henry Ford
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Herbert Hoover
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Franklin D Roosevelt
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Theodore Roosevelt
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Detailed explanation-1: -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.
Detailed explanation-2: -The FERA (Federal Emergency Relief Administration) and the WPA (Works Progress Administration) provided jobs to thousands of unemployed Americans in construction and arts projects across the country. The NRA (National Recovery Administration) sought to stabilize consumer goods prices through a series of codes.
Detailed explanation-3: -What were the most important results of the New Deal? The New Deal established federal responsibility for the welfare of the U.S. economy and the American people.
Detailed explanation-4: -Much of the New Deal legislation created actual government programs and federal agencies-some of which are still very much a part of modern America. One of the most well-known is the Securities & Exchange Commission (SEC) which has its genesis with the crash of the stock market in 1929.
Detailed explanation-5: -The Roosevelt Administration was a time of great expansion of the Federal Government, including the formation of new Departments of Commerce and Labor; an addition of almost 150, 000, 000 acres of public lands as public conservation areas; new laws protecting the health of Americans; and regulating the drug industry.