THE ROARING 20S 1920 1929
AMERICAN ECONOMY IN THE 1920S
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Assist in feeding and housing Americans
|
|
|
Create jobs for consumers so they can buy goods
|
|
|
Help businesses recover and reform the system so the economic crisis will not happen again
|
|
|
Create jobs for consumers and increase taxes
|
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: -The New Deal was responsible for some powerful and important accomplishments. It put people back to work. It saved capitalism. It restored faith in the American economic system, while at the same time it revived a sense of hope in the American people.
Detailed explanation-3: -U.S. President Franklin D. Roosevelt’s New Deal (1933–39) aimed to provide immediate economic relief and to bring about reforms to stabilize the economy.
Detailed explanation-4: -The New Deal is often summed up by the “Three Rs”: relief (for the unemployed) recovery (of the economy through federal spending and job creation), and. reform (of capitalism, by means of regulatory legislation and the creation of new social welfare programs).