The New Deal and the Great Depression Quiz

The New Deal and Its Impact on the Great Depression

• The Tariff Act of 1930 led to a decrease in international trade and a peak unemployment rate of 23% in subsequent years.
• The Great Depression was a period of high unemployment and economic crisis in the 1930s.
• President Herbert Hoover's reluctance to provide direct relief during the crisis led to public discontent.
• Franklin D. Roosevelt's New Deal was a response to the economic crisis and included new government policies and reforms.
• The New Deal aimed to provide relief, recovery, and reform through various government programs and initiatives.
• Relief programs under the New Deal included the creation of projects and aid for those who had lost their savings and jobs.
• The Works Progress Administration and the Public Works Administration were created to employ millions in building public utilities and infrastructure.
• Social Security, aid for farmers, and programs for writers, actors, and artists were notable New Deal initiatives for relief.
• The National Recovery Administration and the Fair Labor Standards Act were key in the New Deal's recovery efforts, aiming to restore the economy to healthy levels.
• The New Deal also focused on reforming the financial system to prevent another economic crash, including the creation of the US Securities and Exchange Commission.
• There is debate among historians and economists over whether the New Deal effectively ended the Great Depression, with some arguing it prolonged the economic downturn.
• Overall, the New Deal had a broadly positive effect, with the US's GDP and manufacturing returning to pre-Depression levels over the course of the 1930s.