Question

what were the major criticisms of the new deal? most socialists believed the economy would eventually straighten itself out and legislation wasnt necessary. many democrats believed that too much power was being concentrated in financial institutions. some people said the legislation had not gone far enough and others thought it gave too much power to the government. some people wanted to give the economy more time to recover and others wanted a federal takeover of all businesses.

Explanation:

To determine the major criticisms of the New Deal, we analyze each option:

• The first option is incorrect as socialists generally supported government intervention, not waiting for the economy to self - correct.
• The second option is incorrect as the criticism of concentrated power in financial institutions was not a major Democratic criticism of the New Deal.
• The third option is correct. The New Deal had critics from both the left (who thought it didn't go far enough in reforming the economy and helping the poor) and the right (who thought it gave the government too much power and was too interventionist).
• The fourth option is incorrect. Very few people advocated for a federal takeover of all businesses, and the idea of giving the economy more time was not a major criticism of the New Deal (as the Great Depression was severe and people wanted action).

Answer:

C. Some people said the legislation had not gone far enough and others thought it gave too much power to the government.