THE GREAT DEPRESSION 1929 1940
THE GREAT DEPRESSION
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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It ended the Great Depression
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It laid the foundations of a welfare state
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It expanded the power of the federal government
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It attracted new groups of voters into the Democratic Party
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Detailed explanation-1: -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.
Detailed explanation-2: -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-3: -What was not an effect of the Great Depression? Many people did not farm; Causes of the Great Depression: many children had a poor diet, many families became homeless, and many men became unemployed.
Detailed explanation-4: -It was marked by steep declines in industrial production and in prices (deflation), mass unemployment, banking panics, and sharp increases in rates of poverty and homelessness.