What was the unemployment rate during the Great Depression before Franklin D. Roosevelt entered office?
Unemployment climbed from four percent to twenty five percent as factories shut their doors and workers lost their livelihoods.
Questions about New Deal
Short answers, pulled from the story.
When did Franklin D. Roosevelt enter office and how many days did he meet with Congress in his first hundred days?
Roosevelt entered office on March fourth 1933 with enormous political capital after winning the election in a landslide over Herbert Hoover. During his first hundred days Roosevelt met with Congress for one hundred straight days to pass new programs.
How many banks failed between 1929 and 1933 and what legislation helped reopen them?
Between 1929 and 1933 forty percent of all banks failed out of twenty three thousand six hundred ninety seven total institutions. The Emergency Banking Act provided for reopening sound banks under Treasury supervision with federal loans available if needed.
Which New Deal program spent thirty three billion dollars to build thousands of projects including bridges and roads?
The Public Works Administration spent thirty three billion dollars between 1933 and 1935 to build thirty four thousand five hundred ninety nine projects. Prominent projects included the Lincoln Tunnel the Triborough Bridge the LaGuardia Airport and the San Francisco Oakland Bay Bridge.
What was the purpose of the Agricultural Adjustment Administration and how much farm income increased by 1937?
The Agricultural Adjustment Administration aimed to raise prices for commodities through artificial scarcity using domestic allotments. Average farm income almost doubled by 1937 despite food prices remaining well below the 1929 peak.