ECON 1740 American History: The New Deal
1. What was the relative share of local, state and federal government in total public expenditure before 1932? And after 1940? (Hint: look at class slides).
2. Did the increase of the US government share (which can be measured as the percentage that taxes collected by the government represent with respect to GDP) make the US economy a “big government one” with respect to other industrialized countries? Why or why not? (again, class slides should be extremely helpful)
3. Name and explain the measures implemented by one act or program passed during the First New Deal aimed at helping either agriculture, or industry, or providing relief.
4. Were all the programs of the New Deal consistent with each other? If not, explain the contradiction between two of the programs implemented during the New Deal.
5. Name one Commission, Act, or Insurance program that was created during the New Deal (either the first or the second) and still exists today. Explain its main goal and how it tries to achieve it.
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