THE ROARING 20S 1920 1929
AMERICAN ECONOMY IN THE 1920S
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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corporations were best left to operate without government interference
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state governments should give up control over commerce inside their states
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the Federal Government must concern itself with the people’s economic well-being
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the United States Constitution was not relevant to 20th-century life
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Detailed explanation-1: -The New Deal had three goals: relief, recovery, and reform. Relief meant that the president wanted to help those in crisis immediately by creating jobs, bread lines, and welfare. Recovery was aimed at fixing the economy and ending the Depression.
Detailed explanation-2: -Supporters of FDR’s New Deal were democrats because they wanted change. They were liberal, because they wanted government assistance. They believed that if the government gave a little money to those in need the economy would restore.
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 programs focused on what historians refer to as the “3 R’s": relief for the unemployed and for the poor, recovery of the economy back to normal levels, and reform of the financial system to prevent a repeat depression.