Question

Why did Roosevelt think he was justified in cutting federal spending in 1937?

A. American citizens had had enough of his new deal programs

B. The supreme court was going to end all new deal programs.

C. New deal programs have increased production wages and profits

D. Congress was raising the alarm about federal deficit spending *(my answer)
Am I right?

Answer 1

The Roosevelt Recession of 1937 was due to the contraction of the money supply by the Federal Reserve and the Treasury Department policies.

Explanation:

The New Deal program introduced by the Roosevelt Government focused on 3 R's-Relief ,Recovery and Reform

1. Relief -Immediate action to betaken in order to halt the economic deterioration
2. Recovery- In order to start the flow of consumer Demand public work projects  where started.
3. Reform-Permanent programs where established to save the economy from another economic disaster

Roosevelt think he was justified in cutting federal spending in the year 1937 because new deal program have increased production wages and profit(C)

Answer 2

The Roosevelt Depression of 1937 was triggered by the Federal Reserve and Internal Revenue service initiatives that lowered the supply of money. C is the right answer. Production salaries and profitability have resulted in the growth of New Deal policies.

The 3Rs, which stand for Relief, Recovery, and Revolution, was at the heart of Chancellor Roosevelt's New Deal policy.

The relief signifies Immediate action is required to halt the economic decline.

• Initiating the flow of consumer demand public projects is what rehabilitation entails.

• Permanent initiatives that were implemented to salvage and protect the economy against another economic crisis are referred to as reform.

To know more about the thinking of Roosevelt, refer to the link below:

https://brainly.com/question/3652550