industry - to what extent was the new deal effective in solving americas problems Flashcards

1
Q

KU - how did unemployment change due to new deal?

A

although slowely, unemployment did fall
average unemployment rate 1929-1929 = 14%
but by 1941 90% of working age people were employed

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2
Q

KU - what did NRA encourage? when was it introduced?

A

the national recovery act 1933 encouraged industies to introduce fair working practice and then display the blue eagle symbol.

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3
Q

A - therefor the new deal was effective in solving americas problems in the 30s because..

A

the federal emergancy relief administration provided funds to support emergancy schemes for the unemployed and this was posotive. It represented a move by the federal government towards supporting the unemployed
by 1936: 1 billion dollars had been spent

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4
Q

A+ - However, the new deal was not effective in solving Americas economic problems in the 1930’s as..

A

there was concern that the NRA codes were writen too fast and at the advantage of bigger businesses who were not effected as greatly by the economic chrises

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5
Q

Upon evaluation, the new deal was effective in solving Americas economic chrises in the 30’s as..

A

Employment levels did improved, particularly in the late 30’s with war preperations taking place

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