The Geat Depression & the New Deal

What was President Hoover's initial approach to addressing the Great Depression?

• A hands-on approach with significant government intervention.

• A hands-off approach, believing the economy would recover on its own.

• Direct financial aid to all unemployed and poor citizens.

• Nationalization of major industries to control prices.

What were the three main pillars of Franklin Roosevelt's New Deal program?

• Regulation, Reconstruction, and Reinvestment.

• Relief, Recovery, and Reform.

• Restoration, Rebuilding, and Redistribution.

• Rejuvenation, Reorganization, and Reassurance.

What was the primary purpose of the Civilian Conservation Corps (CCC) program?

• To provide financial assistance to struggling banks and businesses.

• To regulate the stock market and prevent fraud.

• To offer jobs to unemployed young men in conservation efforts.

• To stabilize crop prices by paying farmers to reduce production.

What event is widely believed by historians to have ultimately ended the Great Depression?

• The implementation of the Social Security Act.

• The establishment of the Federal Deposit Insurance Corporation (FDIC).

• The outbreak of World War II.

• The public works projects initiated by President Hoover.