Asked by Reagan Crase on Mar 10, 2024
Verified
Each of the following were created under the New Deal EXCEPT
A) Social Security.
B) the Federal Deposit Insurance Corporation (FDIC) .
C) the Securities and Exchange Commission (SEC) .
D) food stamps.
A) Social Security.
B) the Federal Deposit Insurance Corporation (FDIC) .
C) the Securities and Exchange Commission (SEC) .
D) food stamps.
New Deal
An array of initiatives, including public infrastructure projects, monetary policy changes, and regulatory measures, implemented by President Franklin D. Roosevelt in the 1930s in the United States to combat the effects of the Great Depression.
FDIC
The Federal Deposit Insurance Corporation, a United States government agency that provides deposit insurance to depositors in U.S. commercial banks and savings institutions.
SEC
Short for the Securities and Exchange Commission, a U.S. federal agency responsible for regulating the securities industry and enforcing federal securities laws.
- Elucidate the consequences of policy-making, including the implementation of supply-side economics and New Deal schemes, on economic environments.
Verified Answer
RM
ReAnn Myrielle Padlan
Mar 10, 2024
Final Answer :
D
Explanation :
Food stamps were not created until the 1960s as part of President Lyndon B. Johnson's Great Society programs, which were separate from the New Deal.
Learning Objectives
- Elucidate the consequences of policy-making, including the implementation of supply-side economics and New Deal schemes, on economic environments.