New Deal Policies and Their Impact

The video discusses how FDR expanded the role of the U.S. government in managing the economy through various acts and reforms, such as the Banking Act, Wagner Act, and Social Security. It highlights the introduction of labor rights, changes in income tax, and the federal government's competition with private industry. The New Deal's legacy is emphasized as the foundation for modern government policies, establishing tax, wage, and farm policies that support capitalism and benefit many Americans.

What was one of the primary purposes of the Emergency Banking Act?

• To reduce government spending

• To provide loans to small businesses

• To set regulatory standards for banks

• To increase taxes on wealthy individuals

What significant change did the National Labor Relations Act introduce?

• It made it illegal for workers to join trade unions

• It abolished trade unions

• It allowed workers to join trade unions legally

• It reduced workers' wages

What was the purpose of introducing Social Security?

• To provide unemployment benefits

• To increase corporate taxes

• To set up a retirement system for Americans

• To fund public education

How did FDR change the income tax system?

• By eliminating income tax

• By introducing a flat tax rate

• By implementing a graduated income tax

• By increasing taxes on imports

What was one of the effects of the New Deal on the stock market?

• It set rules for buying stocks on margin

• It deregulated the stock market

• It eliminated stock market trading

• It increased stock market taxes

How did the New Deal address labor issues?

• By reducing workers' rights

• By increasing working hours

• By addressing labor conflicts between labor and management

• By abolishing labor unions

What was a key aspect of the New Deal's farm policy?

• To address overproduction and underconsumption

• To increase farm production

• To nationalize farms

• To eliminate farm subsidies

What modern government policy is NOT mentioned as being influenced by the New Deal?

• Medicaid and Medicare

• Public housing

• Federal aid to education

• National Endowment for the Arts

What was the New Deal's overall impact on government policy?

• It eliminated social welfare programs

• It established the foundation for modern government policies

• It increased taxes on the middle class

• It reduced government involvement in the economy

What was the New Deal's stance on capitalism?

• It only benefited wealthy capitalists

• It had no impact on capitalism

• It supported capitalism to benefit the broadest number of Americans

• It aimed to abolish capitalism