Asked by Sammy Olsen on Mar 10, 2024
Verified
For big business, the onset of the Depression meant
A) a restored image.
B) a new commitment to the slogan, "The American Way of Life."
C) renewed consumer confidence.
D) congressional hearings into deceptive practices by bankers and stockbrokers.
E) a revival of free-market principles.
Big Business
Large-scale corporate enterprises characterized by significant market power, vast resources, and complex organizational structures.
American Way of Life
A phrase that refers to the lifestyle and cultural norms of people living in the United States, often emphasizing freedom, democracy, and economic opportunity.
- Examine how shifts in immigration policy affect employer reactions and the subsequent impact on the field of labor economics.
Verified Answer
DC
Daniel ClancyMar 10, 2024
Final Answer :
D
Explanation :
The onset of the Depression led to congressional hearings into deceptive practices by bankers and stockbrokers as part of the effort to understand and remedy the causes of the financial collapse.
Learning Objectives
- Examine how shifts in immigration policy affect employer reactions and the subsequent impact on the field of labor economics.