206k views
4 votes
What is one way that New Deal policies reformed economic institutions affected by the economy? A. The government established programs to avoid another depression and prevent economic downturns. B.The government provided temporary assistance through lowering taxes on the wealthy. C.The government promoted social programs to end poverty and improve civil rights. D.The government stabilized and stimulated the economy through adopting a policy of bimetallism.

User Kelvin Low
by
5.9k points

1 Answer

2 votes

Answer:

A. The government established programs to avoid another depression and prevent economic downturns

Step-by-step explanation:

The Great Depression was a period in America that brought economic hardship to the nation and as a result of this, President Franklin Roosevelt created New Deal policies to bring relief to the populace.

One of the New Deal policies that were implemented was National Industrial Recovery Act (NIRA) which was put in place to restrict competition while letting prices of goods and wages increase.

In 1934, the Reciprocal Tariff Act was put in place which gave the president the power to negotiate bilateral trade with other countries in order to prevent another economic meltdown and avoid downturns.

User Alehro
by
6.4k points