New Deal

A significant cause of the Great Depression of the 1930’s was that

• Unsound banking and stock market policies and over extension of credit
• a wave of violent strikes had paralyzed the major industries
• consumer goods were relatively inexpensiv

In the 1930’s, the enactment of New Deal programs demonstrated a belief that

• corporations were best left to operate without government interference
• state governments should give up control over commerce inside their states
• The government should be more involved in regulating economy

Which New Deal program was chiefly designed to correct abuses in the stock market?

• Civilian Conservation Corps
• Works Progress Administration
• Securities and Exchange Commission

"You cannot extend the mastery of government over the daily working life of the people without, at the same time, making it the master of the people’s souls and thought."
President Herbert Hoover The idea expressed in the quotation is a basis for President Hoover’s belief that the problems of the Great Depression could best be solved by

• nationalizing major industries
• requiring business to pay a minimum wage to workers
• not relying on the government

The election of Franklin D. Roosevelt to the Presidency in 1932 reflected the desire of many Americans to

• have government take an active role in solving economic problems
• return to a policy of laissez faire
• continue the domestic policies of the Hoover administration

When the Great Depression began in 1929, the most common economic belief supported by the President Hoover was that

• the government should assume control of industry
• the economy would recover on its own
• an increase in defense spending would stimulate the economy

Which New Deal reforms most directly targeted the basic problem of the victims of the Dust Bowl?

• regulating the sale of stocks and bonds
• guaranteeing workers the right to organize and bargain collectively
• providing farmers low-cost loans and parity payment

The National Industrial Recovery Act and the National Labor Relations Act are often cited as evidence that New Deal legislation

• sympathized with the interests of workers
• blamed unions for slowing economic recovery
• tried to keep the costs of labor down

Which conclusion is best supported by the information on the graph?

• By 1929, most of the automobiles in the world were produced in the United States
• The average American family found the automobile too expensive to purchase
• Changes in economic conditions led to changes in automobile production

The creation of the Tennessee Valley Authority is an example of

• The government creating a program to solve a problem
• laisezz fair economics
• free-market capitalism