By 1935, Huey Long and Francis Townsend had made which of the following approaches to economic recovery less promising for New Dealers? Select one:

a. Agricultural reform.

b. Social Security reform.

c. The regulation of the stock market.

d. Efforts at general business recovery.

e. Pushing for the unionization of the nation's labor force.

Question

History

Riley Banks

14 July, 10:13

By 1935, Huey Long and Francis Townsend had made which of the following approaches to economic recovery less promising for New Dealers? Select one:

a. Agricultural reform.

b. Social Security reform.

c. The regulation of the stock market.

d. Efforts at general business recovery.

e. Pushing for the unionization of the nation's labor force.

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Answers (1)

Know the Answer?

Lawrence Gould · Answer 1

The correct answer is letter D.

To address the economic and social crisis in the US, Roosevelt used the work of a group of renowned Keynes-inspired economists to design the New Deal, whose main objective was to create conditions for lowering unemployment through the articulation of state and private investment. The main measures were:

devaluation of the dollar to make exports more competitive;

loans to banks to avoid bankruptcies in the financial system;

creation of the social security system, with emphasis on unemployment insurance and the 1935 Insurance Act;

right of union organization;

stimulation of agricultural production;

construction of a large amount of public works, especially hydroelectric and highways.