Study_Guide - Text: Chapter 12 (219-30) 1. 2. 3. 4. How did...

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Text: Chapter 12 (219-30) 1. How did the Federal Reserve help create the Great Depression? 2. How long did the great depression last? 3. What was the role of “drought” in the great Depression? 4. What was Keynes famous quip in response to the thoughts that markets will save us in the long run? What does he mean by this? 5. How does FDR use monopoly theory to experiment in the New Deal? How successful is this? 6. Who was Keynes, what/when did he write, how does he influence the New Deal? 7. What did Keynes expect to happen in good times? Why does this not turn out to be the case once Keynsian economics is applied the first time? 8. What are the key agencies of New Deal relief? 9. What are the key agencies of New Deal regulation? 10. How much was the Constitution a serious impediment to the growth of government in the Progressive and especially the New Deal era? Amendments 20-22 1. What problem does the 20 th Amendment try to solve? 2.
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Study_Guide - Text: Chapter 12 (219-30) 1. 2. 3. 4. How did...

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