new_deal_frq - Briefly describe ONE development that...

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Briefly describe ONE development that contributed to the passage of New Deal legislation in the 1930s. One development that contributed to the passage of New Deal legislation in the 1930s was bank runs, in which many Americans tried to take their deposits out of banks, leading to a lot of banks closing and decreased trust in banks. The government responded to the bank runs and the closing of banks by passing legislation for recovery programs to reopen banks, as well as legislation to protect depositors by insuring their deposits in banks up to a certain amount. Briefly explain ONE effect of New Deal legislation on the role of the federal government in the United States economy. One effect of New Deal legislation on the role of the federal government in the United States economy is that it increased the government’s involvement and control over prices. The federal government passed legislation during the New Deal that established price floors and price ceilings for a number of

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