The Effects of the New Deal

Chapter 12 Section 4 Questions and Answers

What psychological impact did the Great Depression have on many Americans?

• Many Americans saw themselves as the survivors of a terrible battle. For the rest of their lives, many feared losing their money and property again.

What helped end the Great Depression?

•World War II helped end the Great Depression.

How did the New Deal change the way Americans viewed the federal government?

• People came to see the federal government, not their state or local governments, as the protector of their welfare.

What did the New Deal do to the U.S. government?

• The New Deal made the federal government directly responsible for people’s well being in a way it had not been before.

What current programs guard against a future economic collapse like the Crash of 1929?

• The current programs that guard against a collapse like the Crash of 1929 are the Social Securities Act, the Wagner Act, the AAA, the FDIC and The SEC (Securities and Exchange Commission).

What protects bank customers from bank failures today?

• The FDIC (Federal Deposit Insurance Corporation) protects bank customers from bank failures today.