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The New Deal Era: Franklin D. Roosevelt's Economic Reforms
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The New Deal Era: Franklin D. Roosevelt's Economic Reforms

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Questions and Answers

What was the primary focus of the 'First New Deal'?

  • Improving resource usage and creating government work programs
  • Providing relief to farmers and the elderly
  • Restructuring the economy and relieving the banking industry (correct)
  • Guaranteeing the safety of money in banks
  • What was the main goal of the Works Progress Administration (WPA) and the Civilian Conservation Corps (CCC)?

  • To guarantee the safety of money in banks
  • To provide jobs for the unemployed (correct)
  • To provide financial relief to the elderly
  • To improve resource usage and create government work programs
  • What is the acronym for the three primary goals of the New Deal?

  • 3Rs (correct)
  • PPP
  • FGF
  • RRR
  • Which of the following programs was NOT directly focused on providing relief to individuals or communities?

    <p>Federal Deposit Insurance Corporation (FDIC)</p> Signup and view all the answers

    When did the 'Second New Deal' take place?

    <p>1935-1938</p> Signup and view all the answers

    What was the primary purpose of the Social Security Act?

    <p>To provide financial relief to the elderly</p> Signup and view all the answers

    What were the three primary goals of Franklin Roosevelt's New Deal, and how did they come to be referred to?

    <p>The three primary goals of the New Deal were relief for the poor and unemployed, economic recovery, and financial reform to prevent future depressions, referred to as the 'three R's': relief, recovery, and reform.</p> Signup and view all the answers

    How did the New Deal's focus shift between the First New Deal and the Second New Deal?

    <p>The First New Deal (1933-1934) focused on restructuring the economy and relieving the banking industry, while the Second New Deal (1935-1938) aimed to improve resource usage, provide relief for farmers, and create government work programs.</p> Signup and view all the answers

    What was the significance of the Tennessee Valley Authority and the Federal Deposit Insurance Corporation (FDIC) in the context of the New Deal?

    <p>The Tennessee Valley Authority brought electricity to rural areas in the South, and the Federal Deposit Insurance Corporation (FDIC) guaranteed the safety of money in banks.</p> Signup and view all the answers

    In what ways did the New Deal's programs, such as the Works Progress Administration (WPA) and the Civilian Conservation Corps (CCC), provide relief to the unemployed?

    <p>The WPA and CCC provided jobs for the unemployed, addressing the widespread issue of joblessness during the Great Depression.</p> Signup and view all the answers

    What is the lasting legacy of the Federal Deposit Insurance Corporation (FDIC), created during the New Deal?

    <p>The FDIC is still in operation today, insuring money deposited in banks.</p> Signup and view all the answers

    Study Notes

    • Franklin Roosevelt offered a "New Deal" for the American people when he became president, promising to end the economic crisis.
    • The New Deal had three primary goals: relief for the poor and unemployed, economic recovery, and financial reform to prevent future depressions.
    • The three goals of the New Deal were referred to as the "three R's": relief, recovery, and reform.
    • Roosevelt implemented a series of government programs between 1933 and 1938 to achieve these goals, some approved by Congress and others enforced through executive order.
    • The New Deal is divided into two parts: the "First New Deal" (1933-1934) focused on restructuring the economy and relieving the banking industry, and the "Second New Deal" (1935-1938) aimed to improve resource usage, provide relief for farmers, and create government work programs.
    • Programs under the New Deal included the Works Progress Administration (WPA) and the Civilian Conservation Corps (CCC), which provided jobs for the unemployed.
    • The Social Security Act was created to provide financial relief to the elderly under the New Deal.
    • The Tennessee Valley Authority brought electricity to rural areas in the South, while the Federal Deposit Insurance Corporation (FDIC) guaranteed the safety of money in banks.
    • The FDIC is still in operation today, insuring money deposited in banks.
    • Other government agencies created by the New Deal that still exist include the Federal Housing Administration (FHA), the Federal Crop Insurance Corporation (FCIC), and the Securities Exchange Commission (SEC).
    • Critics of the New Deal accused Roosevelt of leading the United States towards socialism, while others saw the projects as a waste of money and resources.
    • Some economists and historians believe that the New Deal policies prolonged the Great Depression, but they also provided economic relief for millions of people and allowed for the construction of essential infrastructure.

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    Description

    Test your knowledge of the New Deal, a series of programs and policies implemented by President Franklin D. Roosevelt to address the Great Depression. Learn about the three primary goals of the New Deal, its key programs, and its lasting impact on American society. Discover how the New Deal shaped the US economy and society during a time of crisis.

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