How Successful Was New Deal Flashcards
0
Q
Restore stability to Americas banking and financial system
A
Resolved banking crisis with EBA
Restored confidence in banks
1
Q
Give aid to needy
A
FERA did good job with emergency aid
Basic welfare state established
2
Q
Reduce unemployment and restore prosperity
A
Millions of new jobs created CCC and PWA
Unemployment from 13 to 8m
1937 another depression hit, unemployment back to 10m
Failed to solve unemployment
3
Q
WW2 solved unemployment
A
Sold military equipment to allies $50b work of supplies
US entry into war increased demand for military equipment and recruitment put end to unemployment
