The New Deal

Which government agency gives benefits to people when they are retired or unemployed?

• Federal Deposit Insurance Corporation
• Securities and Exchange Commission
• Tennessee Valley Authority
• Social Security Admistration

Which was a guiding principle of New Deal economic policies?

• “Rugged individualism” will end social inequality
• Government must assume greater responsibility for helping the unfortunate
• Antitrust legislation could destroy the free enterprise system
• State governments should have more power over the economy than the national government

One difference between the administrations of President Roosevelt and President Hoover was that Roosevelt was-

• more willing to use government intervention to solve economic problems
• unwilling to allow government agencies to establish jobs
• able to ignore economic issues for most of his first term in office
• opposed to any type of government regulation of financial institutions

The Agricultural Adjustment Act tried to help farmers by

• helping them become more efficient

• paying them not to grow crops

• buying up their surpluses

• making land available for farming

The New Deal was divided into 3 categories: relief for immediate help, reform to fix problems, and _________________________ to help the people and nation “get back on their feet”. 

• RELIEF, RECOVERY, & REFORM
• RELIEF, RECOVERY, & REFILL
• RELIEF, Reincarnation, & REFORM

Which New Deal program was primarily focused on reforming the banking system and restoring public confidence in the financial system?

• Civil Works Administration (CWA)

• Public Works Administration (PWA)

• Federal Deposit Insurance Corporation (FDIC)

• Securities and Exchange Commission (SEC)

Emergency Banking Relief Act: FDR had all banks temporarily shut down in March 1933, he called this a “Bank Holiday”. During this short period of time the new law required federal examiners to survey the nation’s banks and issue Treasury Department licenses to those that were financially sound.

• Relief

• Recovery

• Reform

Jobs for 2 million young men. Replanted forests and built trials

• Civilian Conservation Corps

• Citizen Control Corporation

• National Recover Administration

• Federal Emergency Relief Act