The President and His Advisers FDR

What was one of the new means of communication during Roosevelt's presidency?

• Television

• Radio

• Internet

• Email

What was the purpose of the "Bank Holiday" declared by Roosevelt?

• To celebrate the opening of new banks

• To close all banks temporarily for inspection

• To introduce new banking laws

• To reduce bank operating hours

What was the underlying assumption of the New Deal regarding the federal government?

• It should have a minor role in the economy

• It should have a major role in running the peacetime economy

• It should focus only on military affairs

• It should avoid involvement in economic matters

What was the purpose of the Securities and Exchange Commission established in 1934?

• To regulate the stock market

• To provide loans to farmers

• To manage public transportation

• To oversee educational institutions

What did Roosevelt's New Deal programs often get referred to as?

• Alphabet soup

• Number games

• Letter puzzles

• Word salad

What was a complaint of private electric companies regarding the TVA?

• Competition with the government in selling electricity

• High taxes imposed by the government

• Lack of skilled labor

• Increased regulation of their operations

What was the purpose of Roosevelt's "pump priming" strategy?

• To reduce taxes

• To increase government savings

• To rebuild people's purchasing power

• To decrease production

What did the NRA establish to settle labor-management disputes?

• A National Labor Board

• A Business Arbitration Panel

• A Workers' Union Council

• A Corporate Mediation Group

What did Roosevelt hope consumers would do with the money from relief programs?

• Save it for future use

• Spend it, increasing demand for products

• Invest in foreign markets

• Donate to charity

What was the effect of the NRA on business combinations during the economic crisis?

• It encouraged competition

• It discouraged cooperation

• It encouraged cooperation

• It increased antitrust restrictions