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What changed about the government when the New Deal was started quizlet?

What changed about the government when the New Deal was started quizlet?

The new deal expanded governments role in our economy, by giving it the power to regulate previously unregulated areas of commerce. Those primarily being banking, agriculture and housing. Along with it was the creation of new programs like social security and welfare aid for the poor.

How did the government pay for New Deal programs?

All the New Deal programs were paid for, and run by, the Government. This meant that the Government’s debt grew a great deal. took on more debt, borrowing about $211 billion. Much of the debt was in the form of U.S. Savings Bonds, which were also called War Bonds at the time.

How did the New Deal help the economy?

Some parts of the New Deal worked; some did not. The New Deal restored a sense of security as it put people back to work. It created the framework for a regulatory state that could protect the interests of all Americans, rich and poor, and thereby help the business system work in more productive ways.

What was the debate before the New Deal?

As one historian has put it: “Before the 1930s, national political debate often revolved around the question of whether the federal government should intervene in the economy. After the New Deal, debate rested on how it should intervene.”

What was the second phase of the New Deal?

In 1934, Roosevelt supported the passage of the Securities and Exchange Commission (SEC), which brought important federal government oversight and regulation to the stock market. The second phase of the New Deal focused on increasing worker protections and building long-lasting financial security for Americans.

What was the African American population during the New Deal?

Southern African Americans, who swelled the city’s population during that period giving it the second-largest urban black population in the country by 1930, encountered an established Republican machine that courted black voters and extended patronage jobs.