Card Set Information
A significant cause of the Great Depression of the 1930’s was that...?
some banking policies were unsound and had led to the overexpansion of credit.
In the 1930’s, the enactment of New Deal programs demonstrated a belief that...?
the Federal Government must concern itself with the people’s economic well-being.
Which New Deal program was chiefly designed to correct abuses in the stock market?
Securities and Exchange Commission
The main purpose of New Deal measures such as the Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC) was to...?
develop rules to limit speculation and safeguard savings.
A major result of President Franklin D. Roosevelt’s New Deal was...?
an expansion of the power of the Federal Government
The election of Franklin D. Roosevelt to the Presidency in 1932 reflected the desire of many Americans to...?
have government take an active role in solving economic problems.
The effectiveness of the New Deal in ending the Great Depression is difficult to measure because...?
United States involvement in World War II rapidly accelerated economic growth.
When the Great Depression began in 1929, the most common economic belief supported by the Republican Party was that...?
the economy would recover on its own.
A major criticism of President Franklin D. Roosevelt’s programs to combat the Great Depression was that these programs...?
made people dependent on the Federal Government.
An important factor contributing to the start of the Great Depression in the United States was the...?
uneven distribution of wealth.