FDR's New Deal Programs Quiz
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Questions and Answers

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?

<p>Closed all banks temporarily to prevent further bank runs (C)</p> Signup and view all the answers

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

<p>It increased government responsibility for citizens' welfare (A)</p> Signup and view all the answers

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

<p>To raise the prices of crops by paying farmers to grow fewer crops (C)</p> Signup and view all the answers

Why was the Tennessee Valley Authority significant?

<p>It aimed to provide electricity and control flooding in a poor region (A)</p> Signup and view all the answers

What did the National Industry Recovery Act create?

<p>The National Recovery Administration (B)</p> Signup and view all the answers

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

<p>Controlled prices, wages, and working hours (B)</p> Signup and view all the answers

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

<p>Public Works Administration (PWA) (D)</p> Signup and view all the answers

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

<p>To close down all banks temporarily for evaluation (C)</p> Signup and view all the answers

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

<p>By assisting banks that were financially recoverable (B)</p> 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?

<p>Giving out risky loans and lacking deposit reserves (D)</p> Signup and view all the answers

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

<p>Prevented commercial banks from giving loans to purchase stocks (C)</p> Signup and view all the answers

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

<p>Insured bank deposits in case of bank failures (C)</p> Signup and view all the answers

What was the primary purpose of the Second New Deal?

<p>To provide additional relief and reform programs to help lift the country out of the Great Depression (B)</p> Signup and view all the answers

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

<p>People lost their life savings as banks failed and were unable to protect depositors' money (A)</p> Signup and view all the answers

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

<p>They caused a loss of public confidence in the banking system and led to many bank failures (B)</p> Signup and view all the answers

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

<p>Due to fear that banks would run out of funds and they would lose their savings (D)</p> Signup and view all the answers

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

<p>Implemented deposit insurance to protect depositors' funds and prevent future bank runs (A)</p> Signup and view all the answers

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