Question

What effect did New Deal programs have on the economy during the Great Depression?

A) They restored American confidence in the government.
B)They backfired and caused more banks to close down. C)They reduced the unemployment rate during the Roaring Twenties.

Answer 1

They backfired and caused more banks to close down is the effect that New Deal programs have on the economy during the Great Depression.

Step-by-step explanation:

• The great depression which happened in 1929 devastated the economy of the US. The new deal was brought up by Roosevelt.
• The new deal programs like social security act and also the schemes that helped the farmers and migrant workers.
• Thus it helped many people who suffered from depression.
• It helped by stimulating private home building and increased the number of individuals who have houses on their own.