unemployment-
hobos/riding the rails-
3. what was different about the plans of president hoover and president roosevelt to fix the great depression?
4. what was the new deal? how did the role of the federal government change because of the new deal?
5. use the boxes below to explain the purpose of the following programs within fdr’s new deal, and mark the ones that still exist today.
tennessee valley authority (tva):
federal deposit insurance corporation (fdic):
social security administration (ssa):
securities and exchange commission (sec):
federal housing administration (fha):
civilian conservation corps (ccc):

Question

Accepted Answer

### Question 3
# Brief Explanations:
President Hoover believed in limited government intervention, relying on voluntary cooperation from businesses and local governments. He focused on balancing the budget and promoting self - help. President Roosevelt, on the other hand, implemented the New Deal, which involved extensive federal government intervention. The New Deal had programs for relief, recovery, and reform, such as creating public works projects, regulating banks, and establishing social welfare programs.
# Answer:
Hoover favored limited government intervention (voluntary business/loc al efforts, balanced budget), while Roosevelt implemented the New Deal with extensive federal intervention (relief, recovery, reform programs like public works, bank regulation, social welfare).

### Question 4
# Brief Explanations:
The New Deal was a series of programs, public work projects, financial reforms, and regulations enacted by President Franklin D. Roosevelt in the 1930s to address the Great Depression. Before the New Deal, the federal government had a relatively limited role in the economy and people's lives. After the New Deal, the federal government took on a much more active role, regulating industries, providing social welfare (like Social Security), intervening in the economy to stimulate growth, and protecting citizens' economic well - being.
# Answer:
The New Deal was FDR's 1930s programs to combat the Great Depression (relief, recovery, reform). The federal government's role changed from limited to active (regulating economy, providing social welfare, intervening for growth, protecting citizens' economic well - being).

### Question 5
#### Tennessee Valley Authority (TVA):
# Brief Explanations:
The TVA was created to develop the Tennessee Valley region. Its purposes included providing flood control, generating hydroelectric power, improving navigation, and promoting economic development (like rural electrification, agricultural and industrial development) in the region. It still exists today, continuing to provide electricity, manage water resources, and support economic development in the Tennessee Valley.
# Answer:
Purpose: Develop Tennessee Valley (flood control, hydroelectric power, navigation, economic development). Still exists: Yes.

#### Federal Deposit Insurance Corporation (FDIC):
# Brief Explanations:
The FDIC was established to insure bank deposits. This was to restore public confidence in banks after many bank failures during the Great Depression. It insures deposits up to a certain amount, so if a bank fails, depositors' money (up to the insured limit) is protected. It still exists today, playing a crucial role in maintaining confidence in the banking system.
# Answer:
Purpose: Insure bank deposits (restore bank confidence post - Depression). Still exists: Yes.

#### Social Security Administration (SSA):
# Brief Explanations:
The SSA administers the Social Security program. The purpose of Social Security is to provide financial support to the elderly, disabled, and survivors (like widows/widowers and children of deceased workers). It provides retirement benefits, disability benefits, and survivor benefits. It still exists today, being a major source of income security for millions of Americans.
# Answer:
Purpose: Administer Social Security (support elderly, disabled, survivors with retirement, disability, survivor benefits). Still exists: Yes.

#### Securities and Exchange Commission (SEC):
# Brief Explanations:
The SEC was created to regulate the stock market. Its purposes include protecting investors from fraud and unfair practices, ensuring that companies provide accurate financial information, and maintaining fair and efficient financial markets. It still exists today, overseeing the securities industry, enforcing securities laws, and promoting market integrity.
# Answer:
Purpose: Regulate stock market (protect investors, ensure accurate financial info, fair markets). Still exists: Yes.

#### Federal Housing Administration (FHA):
# Brief Explanations:
The FHA was established to promote homeownership. It does this by insuring mortgage loans made by approved lenders. This makes it easier for people (especially those with lower - to - moderate incomes) to get mortgages, as lenders are more willing to lend when the loans are insured. It still exists today, continuing to facilitate homeownership by insuring mortgages.
# Answer:
Purpose: Promote homeownership (insure mortgage loans for easier lending). Still exists: Yes.

#### Civilian Conservation Corps (CCC):
# Brief Explanations:
The CCC was created to provide employment to young, unemployed men during the Great Depression. The men in the CCC worked on conservation projects such as reforestation, park development, soil erosion prevention, and wildlife protection. The CCC was a temporary program and does not exist today.
# Answer:
Purpose: Employ young unemployed men (conservation projects: reforestation, park development, erosion prevention, wildlife protection). Still exists: No.

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