New Deal Policies and Impacts

The video discusses the economic crisis during Herbert Hoover's presidency and Franklin D. Roosevelt's response with the New Deal. The New Deal, initiated in 1933, aimed at relief, recovery, and reform, introducing measures like the banking holiday and creating agencies such as the Public Works Administration and the Civilian Conservation Corps. The Second New Deal expanded these efforts with programs like the Works Progress Administration and the Social Security Act. Despite its successes, the New Deal faced challenges, including the Roosevelt Recession, and did not fully resolve unemployment until World War II.

What was Herbert Hoover's approach to the economic crisis during his presidency?

• Promoting laissez-faire individualism

• Increasing taxes on the wealthy

• Establishing new social welfare programs

• Implementing widespread government intervention

What were the three main goals of Franklin D. Roosevelt's New Deal?

• Revolution, Reconstruction, and Reorganization

• Reduction, Reinvestment, and Reallocation

• Relief, Recovery, and Reform

• Reform, Reconciliation, and Reparation

What was the purpose of the banking holiday during the New Deal?

• To increase interest rates

• To nationalize the banking system

• To investigate and reopen stable banks

• To permanently close all banks

What was the role of the FDIC established during the New Deal?

• To manage government spending

• To insure bank deposits

• To provide loans to small businesses

• To regulate stock market transactions

How did FDR communicate with the American public to restore confidence?

• Through weekly television broadcasts

• By holding public rallies

• Via Fireside Chats on the radio

• Through newspaper editorials

Which agency was responsible for building hydroelectric dams in Tennessee?

• National Recovery Administration

• Public Works Administration

• Civilian Conservation Corps

• Tennessee Valley Authority

What was the purpose of the Agricultural Adjustment Administration?

• To increase agricultural production

• To pay farmers to reduce crop production

• To export surplus crops

• To provide loans to farmers

What was a key feature of the Second New Deal?

• The reduction of government agencies

• The elimination of unemployment benefits

• The increase in military spending

• The introduction of the Social Security Act

What economic challenge did FDR face during the Roosevelt recession?

• A decrease in government spending

• A significant increase in inflation

• A collapse of the stock market

• A rise in unemployment rates

What event ultimately helped reduce unemployment below 16%?

• The end of the New Deal

• The introduction of new taxes

• The expansion of the banking system

• The start of World War II