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1 year ago

What were the 3 main programs president Roosevelt established to help reconstruct the US economy?

2 answers:

6 0

The 3 main programs president Roosevelt established to help reconstruct the US economy were referred to as the "3 R's" and they include the following.

Relief for the unemployed and for the poor
Recovery of the economy back to normal levels,
Reform of the financial system to prevent a repeat depression.

The New Deal was a series of programs and projects which were originated by President Franklin D. Roosevelt during the Great Depression that aimed to restore prosperity to Americans by revamping the American economic system.

President Roosevelt upon ascension of office introduced the New deal which was swift way to stabilize the economy and provide jobs and relief to those who were suffering.

The three R's of the new deal are

Relief for the unemployed and for the poor
Recovery of the economy back to normal levels,
Reform of the financial system to prevent a repeat depression.

The major accomplishments of the new deal was that it restored a sense of security as it put people back to work. It also provided the framework for a regulatory state that could protect the interests of all Americans, both rich and poor.

Learn more about the New Deal at brainly.com/question/936437

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vivado [14]1 year ago

6 0

Based on the historical perspective, the 3 main programs president Roosevelt established to help reconstruct the US economy are the 3 Rs, which are Relief, Reform, and Recovery.

<h3>What are the Programs of President Roosevelt to Reconstruct the United States Economy?</h3>

After the Great Depression affected many countries around the world including the United States, President Franklin D. Roosevelt came up with three main programs to combat the decline of the United States.

President Roosevelt who was the 32nd President of the United States was in office between March 4, 1933 – April 12, 1945, and carried out various programs to elevate the United States economy, which centered on the following three main programs

relief for the unemployed and the poor,
recovery of the economy back to normal levels, and
reform of the financial system to prevent a repeat depression.

These three main programs are generally referred to as the New Deal.

Hence, in this case, it is concluded that the correct answer is the 3 Rs, which are Relief, Reform, and Recovery.

Learn more about President Roosevelt's Programs here: brainly.com/question/1398864

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3 years ago

Why is it important to understand that the amount cash paid for taxes is different than the amount of income tax expense?

GarryVolchara [31]

Answer: To know the amount of tax the business should pay from reported profit which is different from it's actual tax bill

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Income tax expense could be described as what is calculated that the company owes in taxes according to accounting rules. They are reported on the income statement.

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3 years ago

What is a major difference between retail banks and credit unions?

Bezzdna [24]

Answer:

Retail banks operate in order to earn profit, while credit unions are nonprofit

Explanation:

What is a major difference between retail banks and credit unions?

Retail banks only serve businesses, while credit unions only serve individuals.

This answer is false, both retail banks and credit unions serve businesses and individuals.

Retail banks operate in order to earn profit, while credit unions are nonprofit.

This answer is true, retail banks earn profits while credit unions are non-profits.

Retail banks only have small local branches, while credit unions are nationwide.

This answer is false. Generally speaking, retail banks have a much larger geographic footprint than credit unions. Many retail banks are found across the entire country (and sometimes world!) but most credit unions are focused on serving their local community.

Retail banks manage a person's money, while credit unions focus on providing loans.

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3 years ago

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You are a freshman in college and are planning a trip to Europe when you graduate from college at the end of four years. You pla

aksik [14]

Answer:

We will have $3227 at the end of 4 years.

Explanation:

In this case we are saving money each year starting with $650 in the first year, $670 in the second. $670 in the third and $830 in the last year which means the $650 saved in the first year will earn interest for 4 years, $670 for 3 years , then $670 for 2 years and $830 for 1 year. Now we have to find out the ending amount of each payment and add them up.

Future Value = Present value*(1+Interest rate)^Number of years.

FV 1st year savings=650*(1.0570)^4=811

FV 2nd year savings= 670*(1.0570)^3=791

FV 3rd year savings = 670*(1.0570)^2=748

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Add them all up to find how much will we have at the end of four years

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3 years ago