An Assessment of the New Deal (9) Flashcards
What is a recession?
A temporary downturn during which trade and industrial activity are reduced; not as serious as a depression because it lasts for a shorter period.
How did the New Deal restore the economy? (4)
- Confidence returned
- Prices stabilized
- The banking system was reformed
- Unemployment was reduced
What happened in 1937?
A recession and unemployment rose again.
Why did the recession happen?
The government cut back spending on projects because it thought that the problems of the economy had been solved.
How was the unemployment problem solved?
However, the economy remained fragile and the unemployment problem was only solved by the outbreak of WW2.
What did the success of the New Deal strengthen?
Confidence in democracy, at a time when democracy was under threat in other parts of the world as a result of the Depression.
Give an example of one of the long term benefits of the New Deal.
The building of dams
What goverment principle overturned the Republican belief that the government had no role to play in rpoviding for the unemployed the old or sick?
The principle of the government’s responsibility for the welfare of its citizens was accepted for the first time in America.
The implementation of the New Deal strengthened the position of the ____ and gave increased powers to the Federal (_____) Government. Some were critical of this, saying that it undermined the_____.
President
National
Constitution
Which groups did not really benefit much from the New deal? (6)
- Tenant farmers
- Sharecroppers
- Migrant workers
- African Americans
- Native Americans
- Status of Women