44. ​Unit 8-8: New Deal - Part 1 (2) Question Preview (ID: 51429)


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The first 100 days FDR got congress, mostly democrats or republicans, to write new laws to help the poor.
a) demorcats
b) republicns
c)
d)

Before the Depression, It was or was not viewed as the government's job to “fix your life”, up until this time.
a) was
b) was not
c)
d)

Before FDR all printed money was directly tied to the amount of _________
a) land
b) gold
c) investments
d) goods

FDR made everyone turn in their gold, and only paid them for half of the worth.
a) true
b) false
c)
d)

FDR used his presidential powers to close many or all the banks for 8 days.
a) many
b) all
c)
d)

FDR was also having weekly ____________ called fireside chats to explain what was happening and trying to reassure the people.
a) Town halls
b) Newspaper articles
c) Radio shows
d) Rallies

The Glass-Stegall act created the FDIC. It assures people their money will be safe in the banks due to the _________________backing it.
a) Government
b) Investors
c) Taxpayers
d) Businesses

The problem with the FDIC ( the government insuring money put into banks) is that the banks made _________ loans.
a) Too many
b) Not enough
c) Risky
d) Fraudulent

Multiple government agencies were formed at this time to get people working to stimulate______________.
a) Growth
b) The economy
c) Inflation
d) Deflation

Which of the following is NOT a reason for the bank holiday?
a) Panic
b) Fear
c) Fractional Banking
d) Inflation

Who protects your deposit up to $200,000?
a) SEC
b) ACC
c) FBI
d) FDIC

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