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aliina [53]
3 years ago
5

By 1935, Huey Long and Francis Townsend had made which of the following approaches to economic recovery less promising for New D

ealers? Select one:
a. Agricultural reform.
b. Social Security reform.
c. The regulation of the stock market.
d. Efforts at general business recovery.
e. Pushing for the unionization of the nation's labor force.
History
1 answer:
Andrei [34K]3 years ago
4 0

The correct answer is letter D.

To address the economic and social crisis in the US, Roosevelt used the work of a group of renowned Keynes-inspired economists to design the New Deal, whose main objective was to create conditions for lowering unemployment through the articulation of state and private investment. The main measures were:

devaluation of the dollar to make exports more competitive;

loans to banks to avoid bankruptcies in the financial system;

creation of the social security system, with emphasis on unemployment insurance and the 1935 Insurance Act;

right of union organization;

stimulation of agricultural production;

construction of a large amount of public works, especially hydroelectric and highways.

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