FDR's New Deal Programs Quiz

Play an AI-generated podcast conversation about this lesson

What was the purpose of the Second New Deal?

To reform banking and business institutions

To create more employment opportunities for Americans (correct)

To provide financial assistance to Americans affected by the depression

To prevent future depressions by reforming institutions

Which program was NOT part of the New Deal Programs listed in the text?

Civil Conservation Corps (CCC)

National Recovery Administration (NRA) (correct)

Social Security (SSA)

Tennessee Valley Authority (TVA)

What was one criticism FDR faced regarding the New Deal Programs?

They were too successful and caused inflation

They were unconstitutional and violated individual rights (correct)

They were ineffective and did not help the economy

They made the government less responsible for citizens' welfare

During the Bank Holiday, what did President FDR do?

Closed all banks temporarily to prevent further bank runs Signup and view all the answers

How did the New Deal influence the role of government in citizens' lives?

It increased government responsibility for citizens' welfare Signup and view all the answers

What was the purpose of the New Deal AAA discussed in the text?

To raise the prices of crops by paying farmers to grow fewer crops Signup and view all the answers

Why was the Tennessee Valley Authority significant?

It aimed to provide electricity and control flooding in a poor region Signup and view all the answers

What did the National Industry Recovery Act create?

The National Recovery Administration Signup and view all the answers

What was the main role of the National Recovery Administration (NRA)?

Controlled prices, wages, and working hours Signup and view all the answers

Which New Deal program focused on creating jobs by building government buildings, airports, bridges, and highways?

Public Works Administration (PWA) Signup and view all the answers

What was the primary purpose of the New Deal Banking Relief Act?

To close down all banks temporarily for evaluation Signup and view all the answers

How did the Emergency Banking Act contribute to restoring confidence in the banking industry?

By assisting banks that were financially recoverable Signup and view all the answers

What differentiated financially sound banks from those that had to remain closed under the New Deal Banking Relief Act?

Giving out risky loans and lacking deposit reserves Signup and view all the answers

In what way did the Glass-Steagall Act impact commercial banking?

Prevented commercial banks from giving loans to purchase stocks Signup and view all the answers

What role did the Federal Deposit Insurance Corporation have in restoring confidence in the banking industry?

Insured bank deposits in case of bank failures Signup and view all the answers

What was the primary purpose of the Second New Deal?

To provide additional relief and reform programs to help lift the country out of the Great Depression Signup and view all the answers

What was a major consequence of the bank runs during the Great Depression?

People lost their life savings as banks failed and were unable to protect depositors' money Signup and view all the answers

How did bank runs contribute to the economic collapse in the 1930s?

They caused a loss of public confidence in the banking system and led to many bank failures Signup and view all the answers

During a bank run, why did people rush to withdraw their money?

Due to fear that banks would run out of funds and they would lose their savings Signup and view all the answers

How did the government respond to bank runs after the Great Depression?

Implemented deposit insurance to protect depositors' funds and prevent future bank runs Signup and view all the answers