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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It was too expensive and increased federal spending
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It decreased the unemployment rate and increased wages
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Some of the programs were unconstitutional and expanded the president’s power
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It allowed banks to operate without any regulations
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Detailed explanation-1: -Criticism of the New Deal and of tax policy Roosevelt was criticized for his economic policies, especially the shift in tone from individualism to collectivism with the dramatic expansion of the welfare state and regulation of the economy.
Detailed explanation-2: -Main criticisms of the New Deal by conservatives included: There was now too much government control over private business. The free enterprise system was threatened by so much government takeover of business. Too much federal spending and too much federal debt.
Detailed explanation-3: -Terms in this set (12) FDR had to agree to too many compromises for political power. Couldn’t end segregation. The New Deal “relief and reform” only preserved capitalism. Didn’t change the unequal distribution of wealth.