Success Of The New Deal Flashcards
1
Q
In 1933 how many people were unemployed in comparison to 1929?
A
1933: 18 million, 1939: 9 million
2
Q
When did unemployment cease to exist?
A
1942
3
Q
What was Roosevelt’s recession?
A
1937, he had reduced government spending showing the need for government money
4
Q
What did the WW2 do for the New Deal?
A
Made it irrelevant
5
Q
How many tanks did the US produce for WW2 and rifles?
A
86,000 tanks, 15 million rifles
6
Q
How much did farm income increase?
A
250%
7
Q
How much did US debt increase to from 1941 to 1945?
A
1941: $41 billion, 1945: $260 billion
8
Q
What was US debt funded thru?
A
War bonds
9
Q
What did Roosevelt do for taxes?
A
Increased it for higher earners
