THE ROARING 20S 1920 1929
AMERICAN POLITICS IN THE 1920S
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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An advocate of President Franklin D. Roosevelt’s farm policy would have likely supported which economic strategy?
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Reducing agricultural output to increase product values
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Utilizing minimum wage laws to stimulate farm productivity
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Allowing market forces to operate freely to achieve stabilization
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Increasing agricultural production to ensure an affordable food supply
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Explanation:
Detailed explanation-1: -FDR embraced Keynesian economic policies and fought to expand the role of the federal government in the nation’s economy. FDR implemented a series of projects and programs called the New Deal to stabilize the economy. Despite FDR’s New Deal, the Great Depression persisted into the late 1930s.
Detailed explanation-2: -What was Roosevelt’s first action as president to stimulate the economy, and to what degree was it successful? After his inauguration, FDR passed the Emergency Banking Bill, which gave him the authority to declare a four-day banking holiday.
There is 1 question to complete.