The New Deal
The FDIC ...
provides insurance for bank deposits
The WPA ...
created jobs in construction
What was the main goal of "Relief" programs?
To provide immediate assistance to people suffering from economic hardship
How did the New Deal impact the Great Depression
It improved the lives of millions, but didn't end the Great Depression
The NLRB ...
provides protections for unions
Why were members of the Republican party generally opposed to the New Deal?
They believed in limited government involvement in the economy
What was the main goal of "Recovery" programs?
To restart the economy by creating jobs and encouraging economic activity
What event is credited for ending the Great Depression?
World War II
The SEC ...
regulates the stock market
What was Huey Long's main criticism of the New Deal?
Not enough taxes on the rich
What is an example of a "Reform" agency?
The SEC
What did the wartime economy set the stage for?
An era of American prosperity
Social Security ...
provides a retirement pension
Who did Father Charles E. Coughlin blame the Great Depression on?
Jewish bankers
What was the "Second New Deal"?
A new wave of ambitious programs
What major impact did World War II have on the economy?
Greatly reduced unemployment
What was the main goal of the New Deal?
To save American capitalism
What program did Francis Townsend propose?
The Old Age Revolving Pension
What did the end of the Great Depression mark?
A significant turning point in modern history