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Roosevelt and the New Deal
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Cards (11)
What was the primary focus of Roosevelt's 'New Deal'?
To provide
relief
to victims of the
Depression
and
encourage economic recovery
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Why was Roosevelt determined to help ordinary Americans during the Depression?
Because they faced
unemployment
and
poverty
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What did Roosevelt believe was necessary to prevent another Depression like the one in the 1930s?
The entire
economic system
would have to be
changed
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What were the three main objectives Roosevelt aimed to achieve with the New Deal?
Provide
relief
to those affected by the
Depression
Encourage
economic
recovery
Reform the
economic
system to prevent future
depressions
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What significant legislation did Roosevelt introduce to stabilize banks?
The
Emergency Banking Act
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What was the purpose of the four-day bank holiday initiated by the Emergency Banking Act?
To inspect
banks
and ensure only sound banks could
reopen
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What was the effect of banks reopening after the inspections?
People could
deposit
money and banks could
lend
money to businesses
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What was the purpose of the pay cuts introduced by Roosevelt for government workers and armed forces?
To save nearly $
1 billion
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What was the significance of the Beer Act introduced by FDR?
It legalized the production and sale of alcohol,
raising government revenue
through
taxation
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What were the broader impacts of the New Deal on American society?
Provided relief to millions affected by the
Great Depression
Stimulated
economic
recovery through various programs
Established a precedent for
federal
government intervention in the
economy
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What were
Roosevelt's
3 r's
?
Relief
,
Recovery
,
Reform