H 2.2 / Edexcel a level history
question paper optio n 2b 1 2
june 2023+ mark scheme
Why did FDR introduce the Gold Reserve Act? - ✔✔✔ANSWER-Believed
economic problems were domestic
What was the effect of the Gold Reserve Act? - ✔✔✔ANSWER-Cheaper
exports to open foreign market
Cheaper Investment
, When was the Silver Purchase Act? - ✔✔✔ANSWER-June 1934
What did the Silver Purchase Act do?
2 things - ✔✔✔ANSWER-Increase the amount of silver in coins
Increase the amount of coins in circulation
What was the effect of the Silver Purchase Act?
Why? - ✔✔✔ANSWER-Depreciated trading before WW2
Because the LoN wanted to collectively stabilise currencies
How many in total did the WPA employ? - ✔✔✔ANSWER-8 million
When was WPA established? - ✔✔✔ANSWER-1935
Which New Deal was the WPA a part of? - ✔✔✔ANSWER-The 2nd New Deal
What 3 acts made up the 2nd New Deal - ✔✔✔ANSWER-Social Security, Tax
Revenue and Wagner Acts
Which 2 alphabet agencies were in the 2nd New Deal? - ✔✔✔ANSWER-NYA
and WPA
What was Unemployment at in 1933 USA? - ✔✔✔ANSWER-Almost 13 million