Fdr New Deal Programs
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Questions and Answers
- 1.
Which Act allowed provided part-time employment to more than two million colleges and high school students?
- A.
Public Works Administration
- B.
National Youth Administration
- C.
Social Security Act
- D.
Wagner Act
Correct Answer
B. National Youth AdministrationExplanation
The National Youth Administration (NYA) allowed for part-time employment opportunities for over two million college and high school students. The NYA was a New Deal agency established in 1935 to provide work and educational opportunities for young people during the Great Depression. It aimed to alleviate youth unemployment and help students continue their education by offering part-time jobs, vocational training, and financial assistance. The NYA's efforts not only provided employment opportunities but also helped develop skills and build a sense of responsibility among the youth, contributing to their personal and professional growth.Rate this question:
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- 2.
Which Act was Enacted in 1934?
- A.
Agricultural Adjustment Act
- B.
Glass-Steagall Act
- C.
Securities and Exchange Commission
- D.
Civil Works Administration
Correct Answer
C. Securities and Exchange CommissionExplanation
The correct answer is Securities and Exchange Commission. The Securities and Exchange Commission (SEC) was enacted in 1934 as a response to the stock market crash of 1929 and the subsequent Great Depression. It was created to regulate the securities industry and protect investors from fraudulent activities. The SEC's main responsibilities include enforcing securities laws, regulating the stock exchange and other securities markets, and ensuring that companies provide accurate and timely information to investors.Rate this question:
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- 3.
What did the Agricultural Adjustment Act do?
- A.
Distributed millions of dollars of direct aid to unemployed workers
- B.
Regulated stock market and restricted margin buying
- C.
Provide public works jobs at $15 per week
- D.
Protect farmers from price drops
Correct Answer
D. Protect farmers from price dropsExplanation
The Agricultural Adjustment Act was a legislation that aimed to protect farmers from price drops. It sought to stabilize agricultural prices by providing financial incentives to farmers to reduce production. This was done through the establishment of commodity programs that paid farmers to reduce their crop acreage or livestock numbers. By reducing the supply of agricultural products, the act aimed to increase prices and provide income stability for farmers.Rate this question:
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- 4.
Which Act regulated stock market and restricted buying?
- A.
Securities and Exchange Commission
- B.
Rural Electrification Administration
- C.
Works Progress Administration
- D.
National Industrial Recovery Act
Correct Answer
A. Securities and Exchange CommissionExplanation
The Securities and Exchange Commission (SEC) is the correct answer because it is the government agency responsible for regulating the stock market and enforcing laws that protect investors. The SEC was created in 1934 as a response to the stock market crash of 1929 and the subsequent Great Depression. It was established to restore investor confidence in the market and prevent fraudulent activities. The SEC has the authority to oversee securities transactions, require companies to disclose financial information, and enforce regulations that restrict insider trading and other manipulative practices.Rate this question:
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- 5.
What year was the Federal Emergency Relief Act enacted?
- A.
1933
- B.
1934
- C.
1935
- D.
1936
Correct Answer
A. 1933Explanation
The Federal Emergency Relief Act was enacted in 1933. This act was part of President Franklin D. Roosevelt's New Deal programs aimed at providing relief to those affected by the Great Depression. The act provided funds to states for direct relief to individuals and families in need, as well as for public works projects to create employment opportunities. By enacting this act in 1933, the government took immediate action to address the economic hardships faced by many Americans during that time.Rate this question:
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- 6.
What does SEC stand for?
- A.
Securities and Return Act
- B.
Securities and Exchange Act
- C.
Security Enablement Act
- D.
Social Security Act
Correct Answer
B. Securities and Exchange ActExplanation
The correct answer is Securities and Exchange Act. This act is a federal law that regulates the securities industry, including the buying and selling of stocks and other securities. It was enacted in 1934 in response to the stock market crash of 1929 and the subsequent Great Depression. The Securities and Exchange Act aims to protect investors, maintain fair and efficient markets, and facilitate capital formation. It established the Securities and Exchange Commission (SEC) as the regulatory body responsible for enforcing the act and overseeing the securities industry.Rate this question:
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