Question

What were two weaknesses of the First New Deal?

A. It failed to end massive unemployment.
B. It created a huge national deficit.
C. It created tension within labor unions.
D. It failed to properly regulate the banks.
E. It caused people to distrust the banks.

Answer 1

The Great Depression: Causes and Early Events: Mastery Test

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Hope this helps :)

Answer 2

Answer:B. It created a huge national deficit.

Step-by-step explanation:

B.The New Deal failed because Roosevelt created uncertainty through experimentation, protectionism, regulation, and raising taxes.

The New Deal failed because the NRA, by fixing prices, damaged American business. Folsom explains that the traditional free market system, where businesses compete and innovate to sell products of varying price and quality to choosy customers was overthrown

D. It failed to properly regulate the banks.

.The next day, Roosevelt declared a four-day bank holiday to stop people from withdrawing their money from shaky banks. On March 9, Congress passed Roosevelt’s Emergency Banking Act, which reorganized the banks and closed the ones that were insolvent.