Deck 22: A Great Depression and a New Deal, 1929-1940
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Deck 22: A Great Depression and a New Deal, 1929-1940
1
What role did Herbert Hoover play in the Great Depression?
He was president when the stock market crashed, and he proved he was incapable of dealing with the magnitude of the problem.
2
_________ was not only a name for the period but also the name for the series of legislative acts designed to reverse the effects of the Great Depression.
New Deal
3
___________ was designed as part of the New Deal's attack on older Americans' lack of retirement income.
Social Security
4
__________ revolutionized the thinking of economists about the role of government in regulating the economy.
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5
Who were the Bonus Marchers?
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6
President Roosevelt's wife, who worked tirelessly to help Americans, especially minorities, was _________.
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7
________ was a New Deal program that employed predominantly young men in conservation and reforestation activities.
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8
October 29, 1929, the day the New York Stock Exchange crashed, is known as __________.
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9
___________ promised insurance to families with dependent children and guaranteed pensions to elderly Americans.
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10
Following the first New Deal, the second New Deal focused on __________ programs.
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11
October 29, 1929, also known as "Black Tuesday," was the day
A) The New York Stock Exchange collapsed.
B) Remembered as the worst dust storm in the history of the Midwest.
C) Of the mass suicide of American stockbrokers in New York.
D) None of the above.
A) The New York Stock Exchange collapsed.
B) Remembered as the worst dust storm in the history of the Midwest.
C) Of the mass suicide of American stockbrokers in New York.
D) None of the above.
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12
The crash of the stock market in October 1929
A) Caused the Great Depression.
B) Was the fault of the Federal Reserve Bank.
C) Resulted from a Ponzi scheme gone wrong.
D) Exposed underlying economic weaknesses.
A) Caused the Great Depression.
B) Was the fault of the Federal Reserve Bank.
C) Resulted from a Ponzi scheme gone wrong.
D) Exposed underlying economic weaknesses.
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13
Which of the following was a cause of the Great Depression?
A) The absence of trade barriers.
B) The new innovations introduced in the banking industry.
C) Americans' cautious attitude about spending and credit.
D) Structural flaws in national and international economies.
A) The absence of trade barriers.
B) The new innovations introduced in the banking industry.
C) Americans' cautious attitude about spending and credit.
D) Structural flaws in national and international economies.
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14
By 1930, the newer industries that fueled the economy of the United States included all of the following except
A) Automobiles.
B) Coal.
C) Radios.
D) Processed foods.
A) Automobiles.
B) Coal.
C) Radios.
D) Processed foods.
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15
Why did banks fail by the hundreds even during good times in the 1920s?
A) Rural banks suffered from the bankruptcy of farmers.
B) Excessive regulation killed profit margins for city banks.
C) Foreign speculations jeopardized the assets of big banks.
D) Too many banks relied on the growing values of real estate.
A) Rural banks suffered from the bankruptcy of farmers.
B) Excessive regulation killed profit margins for city banks.
C) Foreign speculations jeopardized the assets of big banks.
D) Too many banks relied on the growing values of real estate.
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16
Between 1929 and 1933, the combined incomes of American workers
A) Fell by more than 40 percent.
B) Increased by a healthy 10 percent.
C) Topped $100 billion for the first time.
D) Were not directly affected by the decline in gross national product.
A) Fell by more than 40 percent.
B) Increased by a healthy 10 percent.
C) Topped $100 billion for the first time.
D) Were not directly affected by the decline in gross national product.
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17
By 1932 many Americans were
A) Hungry.
B) Homeless.
C) Unemployed.
D) Each statement is accurate.
A) Hungry.
B) Homeless.
C) Unemployed.
D) Each statement is accurate.
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18
Before the crash of the stock market, American farmers
A) Suffered from a potato blight that threatened American agricultural production.
B) Enjoyed cheap bank loans and high prices for agricultural produce.
C) Had suffered falling agricultural prices for about a decade.
D) All of the above.
A) Suffered from a potato blight that threatened American agricultural production.
B) Enjoyed cheap bank loans and high prices for agricultural produce.
C) Had suffered falling agricultural prices for about a decade.
D) All of the above.
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19
The severity of the Great Depression was caused by the extent and duration of
A) The failure of the New York Stock Exchange to pull out of its slump.
B) Unemployment.
C) President Hoover's and Congress's lack of compassion and unwillingness to help the people.
D) The economic collapse in Europe, America's trading partner.
A) The failure of the New York Stock Exchange to pull out of its slump.
B) Unemployment.
C) President Hoover's and Congress's lack of compassion and unwillingness to help the people.
D) The economic collapse in Europe, America's trading partner.
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20
President Hoover was true to his Republican values, believing that the federal government
A) Should use its power to encourage cooperation between businessmen.
B) Should use its power to collect information valuable to businessmen.
C) Should not interfere with the economy.
D) All of the above.
A) Should use its power to encourage cooperation between businessmen.
B) Should use its power to collect information valuable to businessmen.
C) Should not interfere with the economy.
D) All of the above.
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21
The Federal Farm Board
A) Was one of Hoover's most glaring failures.
B) Was designed to raise farm incomes.
C) Was designed to rationalize farm production.
D) Established farm cooperatives for purchasing and distributing surplus crops.
A) Was one of Hoover's most glaring failures.
B) Was designed to raise farm incomes.
C) Was designed to rationalize farm production.
D) Established farm cooperatives for purchasing and distributing surplus crops.
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22
The Hawley-Smoot Tariff is generally believed to have prevented
A) Additional bank failures after 1930.
B) International trade from lifting the economy out of depression.
C) Deficit spending during the depression.
D) Worrisome increases in unemployment.
A) Additional bank failures after 1930.
B) International trade from lifting the economy out of depression.
C) Deficit spending during the depression.
D) Worrisome increases in unemployment.
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23
The "Bonus Marchers"
A) Wanted the "bonus" Congress had promised them that was not due until 1945.
B) Marched to Washington, D. C., to protest Congress's actions in investigating the Veterans Administration.
C) Expected the government to buy them bus tickets back home after their march was over.
D) Marched in support of President Hoover and his policies.
A) Wanted the "bonus" Congress had promised them that was not due until 1945.
B) Marched to Washington, D. C., to protest Congress's actions in investigating the Veterans Administration.
C) Expected the government to buy them bus tickets back home after their march was over.
D) Marched in support of President Hoover and his policies.
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24
By 1932,
A) Unemployment in the United States was almost 24 percent.
B) President Hoover was sullen and withdrawn.
C) The army had dispersed the Bonus Marchers, veterans of World War I, using tanks and mounted cavalry.
D) All of the above.
A) Unemployment in the United States was almost 24 percent.
B) President Hoover was sullen and withdrawn.
C) The army had dispersed the Bonus Marchers, veterans of World War I, using tanks and mounted cavalry.
D) All of the above.
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25
Which of the following was not one of the great assets of Franklin D. Roosevelt?
A) He was utterly loyal to his wife, Eleanor.
B) He had tremendous personal charm.
C) He was a tireless campaigner.
D) He enjoyed tremendous name recognition.
A) He was utterly loyal to his wife, Eleanor.
B) He had tremendous personal charm.
C) He was a tireless campaigner.
D) He enjoyed tremendous name recognition.
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26
Which of the following did Franklin D. Roosevelt promise during his election campaigns in 1932?
A) A new trade treaty with England.
B) The abolition of the gold standard.
C) A cut in government spending.
D) A massive investment in the nation's public infrastructure.
A) A new trade treaty with England.
B) The abolition of the gold standard.
C) A cut in government spending.
D) A massive investment in the nation's public infrastructure.
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27
According to the rationale of Franklin D. Roosevelt's "Brains Trust," the maldistribution of wealth led to
A) Overconsumption.
B) Inflation.
C) Deflation.
D) Underconsumption.
A) Overconsumption.
B) Inflation.
C) Deflation.
D) Underconsumption.
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28
To secure the soundness of the banking system, Roosevelt did all of the following except
A) Reassure the nation through his "fireside chats."
B) Veto the Glass-Steagall Act.
C) Insure the bank accounts of individual depositors.
D) Authorize a national bank holiday.
A) Reassure the nation through his "fireside chats."
B) Veto the Glass-Steagall Act.
C) Insure the bank accounts of individual depositors.
D) Authorize a national bank holiday.
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29
The Civil Works Administration
A) Sent 250,000 young men to do reforestation and conservation work.
B) Built the Tennessee Valley Authority.
C) Displaced as many as 200,000 black tenant farmers from their land.
D) Employed 4 million young men and women to build or renovate roads in the United States.
A) Sent 250,000 young men to do reforestation and conservation work.
B) Built the Tennessee Valley Authority.
C) Displaced as many as 200,000 black tenant farmers from their land.
D) Employed 4 million young men and women to build or renovate roads in the United States.
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30
President Roosevelt believed that farmers
A) Failed to accept their own mismanagement as a cause of the problems.
B) Saw an imbalance between city and country as a cause of the Depression.
C) Faced the same problems as urban Americans.
D) Needed help, but he really did not know what to do because he had been raised in the city.
A) Failed to accept their own mismanagement as a cause of the problems.
B) Saw an imbalance between city and country as a cause of the Depression.
C) Faced the same problems as urban Americans.
D) Needed help, but he really did not know what to do because he had been raised in the city.
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31
Which of the following was not true about the Tennessee Valley Authority?
A) Its region spanned nine states.
B) It combined the mission of a corporation with the power of government.
C) It sought to change the region's environment, economy, and way of life.
D) It failed miserably and became the embarrassment of the New Deal.
A) Its region spanned nine states.
B) It combined the mission of a corporation with the power of government.
C) It sought to change the region's environment, economy, and way of life.
D) It failed miserably and became the embarrassment of the New Deal.
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32
All things considered, __________ were minimally helped by the New Deal programs.
A) The rural poor
B) Immigrants in the inner city
C) Veterans of the Spanish-American War and World War I
D) Farmers in California
A) The rural poor
B) Immigrants in the inner city
C) Veterans of the Spanish-American War and World War I
D) Farmers in California
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33
The Indian Reorganization Act of 1934
A) Gave Commissioner of Indian Affairs John Collier dictatorial powers in dealing with nonreservation Indians.
B) Empowered tribes to adopt democratic constitutions and embrace self-determination.
C) Continued the same policies that previous commissioners had followed.
D) Gave the commissioner the power to eliminate the federal bureaucracy that dealt with Indian affairs.
A) Gave Commissioner of Indian Affairs John Collier dictatorial powers in dealing with nonreservation Indians.
B) Empowered tribes to adopt democratic constitutions and embrace self-determination.
C) Continued the same policies that previous commissioners had followed.
D) Gave the commissioner the power to eliminate the federal bureaucracy that dealt with Indian affairs.
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34
The National Industrial Recovery Act (NIRA)
A) Reversed decades of antitrust legislation.
B) Outlawed labor unions.
C) Focused primarily on small, independently owned businesses.
D) Was symbolized by the "Blue Eagle," which represented a businessman's opposition to the NIRA.
A) Reversed decades of antitrust legislation.
B) Outlawed labor unions.
C) Focused primarily on small, independently owned businesses.
D) Was symbolized by the "Blue Eagle," which represented a businessman's opposition to the NIRA.
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35
In retrospect, bankers concluded that the New Deal
A) Destroyed the nation's banking system.
B) Had made a bad situation only worse.
C) Did not touch the nation's banking sector in the slightest.
D) Saved the nation's financial system.
A) Destroyed the nation's banking system.
B) Had made a bad situation only worse.
C) Did not touch the nation's banking sector in the slightest.
D) Saved the nation's financial system.
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36
In their opposition to the National Industrial Recovery Act's provisions on labor, employers did all of the following to try to prevent workers from organizing except
A) Spying, blacklisting, and armed assault.
B) Forming company unions.
C) Embracing worker unions and working with their employees.
D) Challenging the legislation in court.
A) Spying, blacklisting, and armed assault.
B) Forming company unions.
C) Embracing worker unions and working with their employees.
D) Challenging the legislation in court.
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37
The Supreme Court's decision in Schechter Poultry Corporation v US (1935)
A) Ruled in favor of the United States.
B) Made FDR and his supporters happy.
C) Made it difficult for Congress to regulate the national economy.
D) Strengthened the Agriculture Adjustment Act.
A) Ruled in favor of the United States.
B) Made FDR and his supporters happy.
C) Made it difficult for Congress to regulate the national economy.
D) Strengthened the Agriculture Adjustment Act.
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38
William Randolph Hearst did not like the New Deal because it was
A) Not doing enough.
B) Becoming too radical.
C) Creating too much power in the judicial branch.
D) Increasing his income taxes.
A) Not doing enough.
B) Becoming too radical.
C) Creating too much power in the judicial branch.
D) Increasing his income taxes.
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39
Some Americans joined the Communist Party USA (CPUSA) in the 1930s because it
A) Defended the Scottsboro Boys.
B) Had skillfully organized and infiltrated certain labor unions.
C) Supported FDR and the New Deal.
D) Represented the positive aspects of life in the Soviet Union.
A) Defended the Scottsboro Boys.
B) Had skillfully organized and infiltrated certain labor unions.
C) Supported FDR and the New Deal.
D) Represented the positive aspects of life in the Soviet Union.
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40
Senator Huey Pierce Long Jr. of Louisiana supported
A) The redistribution of wealth in the United States.
B) Protection of the poor from taxation.
C) "Law and order" policies designed to imprison more black offenders.
D) Legal protections for petroleum businesses and certain tax exemptions.
A) The redistribution of wealth in the United States.
B) Protection of the poor from taxation.
C) "Law and order" policies designed to imprison more black offenders.
D) Legal protections for petroleum businesses and certain tax exemptions.
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41
The Social Security Act in 1935 originally provided for
A) Unemployment compensation.
B) Aid to childless families.
C) Medical care.
D) Pensions to the elderly.
A) Unemployment compensation.
B) Aid to childless families.
C) Medical care.
D) Pensions to the elderly.
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42
In addition to old-age pensions, the Social Security Act also provided for
A) Unemployment compensation.
B) Medicare.
C) National health insurance.
D) All of the above.
A) Unemployment compensation.
B) Medicare.
C) National health insurance.
D) All of the above.
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43
The Works Progress Administration (WPA) did which of the following?
A) Built municipal buildings.
B) Employed American artists and writers.
C) Employed historians.
D) All of the above.
A) Built municipal buildings.
B) Employed American artists and writers.
C) Employed historians.
D) All of the above.
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44
Implementation of the New Deal programs, particularly its nationalized social welfare and economic security programs, was
A) Weakest in the South.
B) Strongest among American Indians.
C) Strong for women and African Americans.
D) All but nonexistent in the Northwest.
A) Weakest in the South.
B) Strongest among American Indians.
C) Strong for women and African Americans.
D) All but nonexistent in the Northwest.
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45
The National Labor Relations Act, also known as the Wagner Act,
A) Provided for the prohibition of unions.
B) Guaranteed workers' rights to organize unions and bargain collectively.
C) Prohibited employers from firing workers.
D) Provided for the inhibition of unions.
A) Provided for the prohibition of unions.
B) Guaranteed workers' rights to organize unions and bargain collectively.
C) Prohibited employers from firing workers.
D) Provided for the inhibition of unions.
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46
By the late 1930s an alliance between __________ and the Democrat Party had been forged.
A) The Congress of Industrial Organizers
B) Big business
C) Nonunionized workers
D) Labor
A) The Congress of Industrial Organizers
B) Big business
C) Nonunionized workers
D) Labor
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47
How does the Second New Deal compare with the first one?
A) The second one was far more haphazard.
B) The second New Deal was fare more radical in its opposition to capitalism.
C) The second New Deal relied more heavily on the support of the Republican Party.
D) The Second New Deal left a far more enduring legacy.
A) The second one was far more haphazard.
B) The second New Deal was fare more radical in its opposition to capitalism.
C) The second New Deal relied more heavily on the support of the Republican Party.
D) The Second New Deal left a far more enduring legacy.
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48
Which group in the new coalition that made up the Democrats in the 1930s limited the party's progressivism?
A) Immigrant workers in Northeastern cities.
B) African Americans in the Midwest.
C) Southern rural whites.
D) Young urban professionals.
A) Immigrant workers in Northeastern cities.
B) African Americans in the Midwest.
C) Southern rural whites.
D) Young urban professionals.
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49
The most prominent woman reformer during the period was
A) Eleanor Roosevelt.
B) Molly Dewson.
C) Frances Perkins.
D) Oveta Culp Hobby.
A) Eleanor Roosevelt.
B) Molly Dewson.
C) Frances Perkins.
D) Oveta Culp Hobby.
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50
By the election of 1936, the nation's economy
A) Was completely recovered.
B) Saw unemployment at higher levels than in the previous six years.
C) Was recovering.
D) Was still stagnant.
A) Was completely recovered.
B) Saw unemployment at higher levels than in the previous six years.
C) Was recovering.
D) Was still stagnant.
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51
Following the election of 1936
A) The House and Senate were predominantly Republican.
B) The Democrats controlled the House and the Republicans controlled the Senate.
C) The Democrats had won control of the federal courts.
D) The Democrats controlled both houses of Congress.
A) The House and Senate were predominantly Republican.
B) The Democrats controlled the House and the Republicans controlled the Senate.
C) The Democrats had won control of the federal courts.
D) The Democrats controlled both houses of Congress.
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52
President Roosevelt's basic problem with the justices on the Supreme Court was
A) That they did not like Roosevelt.
B) Their decisions declaring certain New Deal legislation unconstitutional.
C) That they did not like Mrs. Roosevelt.
D) Their opposition to his civil rights programs.
A) That they did not like Roosevelt.
B) Their decisions declaring certain New Deal legislation unconstitutional.
C) That they did not like Mrs. Roosevelt.
D) Their opposition to his civil rights programs.
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53
The effects of the crash of the New York Stock Exchange
A) Were limited to the Western Hemisphere, particularly the United States and Canada.
B) Triggered a global depression.
C) Were not obvious in Mexico's economic development.
D) Caused World War II.
A) Were limited to the Western Hemisphere, particularly the United States and Canada.
B) Triggered a global depression.
C) Were not obvious in Mexico's economic development.
D) Caused World War II.
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54
The United States exported its financial disaster to the world because
A) It flooded the market with cheap exports.
B) The United States was the world's leading creditor, producer, and consumer.
C) An earthquake in Japan upset shipping routes.
D) Each statement is accurate.
A) It flooded the market with cheap exports.
B) The United States was the world's leading creditor, producer, and consumer.
C) An earthquake in Japan upset shipping routes.
D) Each statement is accurate.
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55
The Dust Bowl was in
A) The southern plains.
B) California.
C) The northeast.
D) The Pacific Northwest.
A) The southern plains.
B) California.
C) The northeast.
D) The Pacific Northwest.
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56
The English economist John Maynard Keynes argued that
A) Deficit spending was necessary to stimulate the nation's economy.
B) England needed to retract its American investments and protect her own economy.
C) The European Union needed to enact higher tariffs to protect its manufacturers.
D) The goal of fiscal policy was to encourage production.
A) Deficit spending was necessary to stimulate the nation's economy.
B) England needed to retract its American investments and protect her own economy.
C) The European Union needed to enact higher tariffs to protect its manufacturers.
D) The goal of fiscal policy was to encourage production.
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57
The New Deal
A) Ended the Depression.
B) Did not end the Depression.
C) Sealed FDR's fate as a failed president.
D) Ruined the power of the Supreme Court.
A) Ended the Depression.
B) Did not end the Depression.
C) Sealed FDR's fate as a failed president.
D) Ruined the power of the Supreme Court.
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58
The New Deal
A) Made the U.S. financial system more stable.
B) Did not end the Depression.
C) Improved the lives of working Americans.
D) All of the above.
A) Made the U.S. financial system more stable.
B) Did not end the Depression.
C) Improved the lives of working Americans.
D) All of the above.
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59
The New Deal touched
A) Almost all facets of Americans' lives.
B) The lives and employment conditions of farmers, workers, the old, blacks, and women.
C) The lives of American Indians.
D) All of the above.
A) Almost all facets of Americans' lives.
B) The lives and employment conditions of farmers, workers, the old, blacks, and women.
C) The lives of American Indians.
D) All of the above.
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60
How did the New Deal transform American agriculture?
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61
Discuss the role of charisma or personality in FDR's presidency.
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62
How did the New Deal transform American labor?
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63
Did the New Deal trying to overcome capitalism or save it? Discuss.
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