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what did roosevelt request from business leaders in exchange for the adoption of an antideflation program

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Parrain

Some of the things that Roosevelt requested from business leaders in exchange for adopting an antideflation program were:

  • assurance that the incomes of workers would rise along with prices
  • recognition of workers' rights to bargain collectively

Why were businesses against an antideflation program?

An antideflation program refers to any policy that aims to reverse the general rise in prices and instead either tries to stabilize prices or to lead to them falling. When Roosevelt took over as president, the country was seeing a period of inflation and yet poor economic growth and so there were calls to implement an antideflation program.

However, this meant that businesses would not benefit from higher prices and so they lobbied against it. Roosevelt got them to agree wot increase the incomes of their workers should prices rise and to allow workers to collective bargain for wages, and other benefits, if he was not to implement such a program.

Options for this question include:

  • assurance that the incomes of workers would rise along with prices
  • increase in taxes from businesses
  • recognition of workers' rights to bargain collectively

Find out more on Roosevelt at https://brainly.com/question/9351624

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