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Exam (elaborations)

New Deal Test UPDATED Questions and CORRECT Answers

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New Deal Test UPDATED Questions and CORRECT Answers Emergency Banking Relief Act (EBRA)- Immediate purpose - CORRECT ANSWER- Authorized the Treasury Department to inspect and close banks that weren't strong enough Emergency Banking Relief Act- long term goal - CORRECT ANSWER- to restore public confidence in banks Glass-Steagall Banking Act of 1933- immediate purpose - CORRECT ANSWER- Established FDIC, insured up to $5,000

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New Deal
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Institution
New Deal
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New Deal

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Uploaded on
October 25, 2024
Number of pages
7
Written in
2024/2025
Type
Exam (elaborations)
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Questions & answers

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New Deal Test UPDATED Questions and
CORRECT Answers
Emergency Banking Relief Act (EBRA)- Immediate purpose - CORRECT ANSWER-
✔✔Authorized the Treasury Department to inspect and close banks that weren't strong
enough


Emergency Banking Relief Act- long term goal - CORRECT ANSWER- ✔✔to restore public
confidence in banks


Glass-Steagall Banking Act of 1933- immediate purpose - CORRECT ANSWER-
✔✔Established FDIC, insured up to $5,000



Glass-Steagall Banking Act of 1933- long term goal - CORRECT ANSWER- ✔✔to restore
public confidence in banks


Federal Securities Act- immediate purpose - CORRECT ANSWER- ✔✔required
corporations to provide complete info on all stock offerings


Federal Securities act- long term goal - CORRECT ANSWER- ✔✔restore confidence in the
stock market


National Industrial Recovery Act(NIRA)-immediate purpose - CORRECT ANSWER-
✔✔provided money to states to create jobs with the construction of schools and community
buildings


National Industrial Recovery Act (NIRA)- long term goal - CORRECT ANSWER-
✔✔promote industrial growth


Agricultural Adjustment Act(AAA)- immediate purpose - CORRECT ANSWER-
✔✔provided money to families to offset prices, paid farmers to stop farming, lowered supply
and brought demand up to increase price

, Agricultural AAdjustment Act(AAA)- long term goal - CORRECT ANSWER- ✔✔raise crop
prices and increase farmers' income


Tennessee Valley Authority(TVA)- immediate purpose - CORRECT ANSWER- ✔✔built
dams to provide cheap electricity to the Tennessee Valley region


Tennessee Valley Authority(TVA)- long term goal - CORRECT ANSWER- ✔✔create
prosperity in a poverty stricken area


Civilian Conservation Corps(CCC)- immediate purpose - CORRECT ANSWER- ✔✔put
people to work outside, young men ages 18 to 23


Civilian Conservation Corps(CCC)- long term goal - CORRECT ANSWER- ✔✔reduce
unemployment and create jobs


Federal Emergency Relief Administration(FERA)- immediate purpose - CORRECT
ANSWER- ✔✔provided direct relief and basic needs


Federal Emergency Relief Administration(FERA)- long term goal - CORRECT ANSWER-
✔✔raised self confidence because people felt like they earned the money


Public Works Administration(PWA)- immediate purpose - CORRECT ANSWER-
✔✔provided money to states to create jobs by building schools and community buildings



Public Works Administration(PWA)- long term goal - CORRECT ANSWER- ✔✔reduce
unemployment and create jobs


Civil Works Administration(CWA)- immediate purpose - CORRECT ANSWER-
✔✔provided 4 million immediate jobs by building schools and roads and paying teachers



Civil Works Administration(CWA)- long term goal - CORRECT ANSWER- ✔✔reuce
unemployment and create jobs

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