Chapter 26: Franklin D. Roosevelt And The New Deal 1929-1939

28 August 2022
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question
What was the most striking characteristic of the stock market in 1929?
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Investors' obsession with speculation.
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The social and economic effects of the Depression
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hit the middle class especially hard.
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Hoover believed that unemployment relief
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should come from private charities.
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Which terms best describe Hoover's response to the Depression?
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Restrained and cautious.
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The Tennessee Valley Authroity was designed to
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bring modernization and jobs to desolate areas of the rural upper South.
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Which organization hired young men to clear land, plant trees, build bridges, and fish ponds?
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Civilian Conservation Corps.
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During the Hundred Days, Roosevelt
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closed all the banks.
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Which New Deal program did the Supreme Court declare unconstitutional?
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National Recovery Administration.
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Franklin D. Roosevelt and his advisers believed that a _________ of production would restore purchasing power to farmers.
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reduction
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What was on criticism of the Social Security Act?
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Social Security offered nothing to those already out of work.
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The National Labor Relations Act
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granted workers the right to organize and collectively bargain.
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Roosevelt's "court packing" proposal was
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a great strain on Roosevelt's relations with Congress.
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In his second term, Roosevelt's success was meager except for
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the passage of minimum wage and maximum hour legislation.
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How did the Great Depression benefit the Democrats?
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Because the Republicans had been unable to prevent the Depression, Democrats returned to power.
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Which of FDR's actions ended the immediate financial crisis of the 1930s?
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He took control of the nation's banks, thereby restoring the public's confidence in the banking system.
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How did agencies created during the Hundred Days affect the Great Depression?
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Their main effect was to end economic stagnation by getting many people back to work.
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How did the Roosevelt administration finally deal with the problem of agricultural overproduction?
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It set production limits for leading crops and paid farmers subsidies.
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What was the primary motivation for the passage of the Social Security Act?
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A sense of duty to ensure that all of America's citizens - especially the elderly, handicapped, and unemployed - would be adequately provided for.
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FDR attempted to "pack" the Supreme Court because he
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wanted to remove the final and most powerful threat to his New Deal by appointing judges who supported its programs.
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How did the reform programs created during the New Deal eventually lead to its demise?
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They required massive government spending and could not be sustained.