b. rejected the thinking of John Maynard Keynes. Question 42 The New Deal: Answers: a. was based on socialism. Despite the coronavirus pandemic and the resultant ravaging of the global economy, the Deal Street managed to grow 7 per cent in 2020 over 2019 to about USD 80 billion across 1,268 transactions, thanks to a string of big-ticket deals by Reliance, according to a report. Rural community economic practitioners can join the coalition advocating for a Green New Deal, unlocking new tools and levers such as democratic regional planning and democratic enterprise development. Consequently, the New Deal was a series of short-term economic initiatives that lacked the long-term vision or planning that was necessary for truly revolutionary changes. e) Great Society. c) was based on fascism. b) was based on socialism. Question 9 (1 point) The New Deal: a) included a reliance on economic planning. At the outset of the First New Deal, specific goals included 1) bank reform; 2) job creation; 3) economic regulation; and 4) regional planning. REFORM: THE BANKING CRISIS. The New Deal was a series of programs, public work projects, financial reforms, and regulations enacted by President Franklin D. Roosevelt in the United States between 1933 and 1939. c. included a reliance on economic planning. FDR implemented a series of projects and programs called the New Deal to stabilize the economy. Most bills could be grouped around issues of relief, recovery, and reform. d) was similar to Stalin’s economic … A planned economy is a type of economic system where investment, production and the allocation of capital goods take place according to economy-wide economic plans and production plans. d) Fair Deal. They impacted 60 of the 132 years covered. When Roosevelt took office, he faced one of the worst moments in the country’s banking history. Amid this economic contraction, Franklin Roosevelt campaigned for the U.S. presidency on the promise of a “new deal” for the American people. Despite FDR's New Deal, … Before the New Deal (1797-1932), there were 33 major economic downturns, 22 recessions, four depressions, and seven bank runs and panics. He won the 1932 election by … d. was based on fascism. Question 43 FDR embraced Keynesian economic policies and fought to expand the role of the federal government in the nation's economy. Conservatives condemned many New Deal concepts as socialist policies that undermined the country?s principles of self-reliance and private enterprise. A planned economy may use centralized, decentralized, participatory or Soviet-type forms of economic planning. Other historians assess the legacy of the New Deal depending on their own political stand. Recessions were more severe than they are today because there weren't the New Deal federal agencies to control corruption, fraud, and exploitation. For example, in 1933, President Roosevelt spearheaded the National Industrial Recovery Act, which proposed a national economic planning system to replace the existing capitalist structure. e. was similar to Stalin"s economic policy. Instead of tinkering around the edges of existing grant programs, now is the time to think about bold new tools for investment.

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