Question

16d identify the new deal policies proposed by president roosevelt to resolve the economic effects of the great depression.

Answer 1

The new deal policies proposed by President Roosevelt to resolve the economic effects of the Great Depression are: - Declaring a Bank Holiday so that the government could inspect all US banks - Making emergency loans available for homeowners and farmers who had not been able to pay their mortgages - giving citizens emergency public jobs to make up from the surge in the unemployment rate - putting money into the economy to help it work again - asking businesses to voluntarily follow codes to set better standards - working with farmers to deal with farm surpluses until the crop prices rose. - Federal Deposit Insurance Corporation provided insurance to bank deposits - built dams along the Tennessee River to help with flooding and electricity - Securities and Exchange Commission was created to make sure the stock market was kept in check - gave workers the right to unionize - provided workers with unemployment insurance, old age pensions, and life insurance which we still rely on this day.