The Great Depresssion 6

Question 1

What was the primary goal of the New Deal?

Answer 1

To bring America back to work and recover from the Great Depression

The New Deal aimed to address the economic crisis and provide relief to those affected by the Depression.

Question 2

What does ‘Alphabet soup government’ refer to in the context of the New Deal?

Answer 2

The numerous agencies and programs established during the New Deal, often abbreviated by initials

Examples include the CCC, WPA, and AAA

Question 3

List the three main components of the New Deal.

Answer 3

• Relief
• Recovery
• Reform

These components were designed to address immediate needs, promote economic recovery, and prevent future depressions.

Question 4

What was the purpose of the one-week bank holiday during the New Deal?

Answer 4

To restore public confidence in the banking system

The bank holiday allowed time for the government to assess and stabilize the banking system.

Question 5

What does FDIC stand for?

Answer 5

Federal Deposit Insurance Corporation

The FDIC was created to insure bank deposits, protecting depositors’ money.

Question 6

Fill in the blank: The FDIC insures each bank deposit up to _______.

Answer 6

[specific amount]

The exact insured amount was 25,000

Question 7

True or False: The New Deal aimed to prevent another Depression.

Answer 7

True

One of the New Deal’s goals was to implement reforms that would prevent future economic crises.

Question 8

When was the Social Security Act created?

Answer 8

1935

Question 9

Who contributed to social security?

Answer 9

Workers and employers