Asked by Sailesh magar on Apr 28, 2024
Verified
Which of the following was an element of the New Deal?
A) Wage and price controls
B) Unemployment insurance and bank deposit insurance
C) Regulation of the stock market
D) Unemployment insurance,bank deposit insurance,and regulation of the stock market,but not wage and price controls
Unemployment Insurance
A program organized by the government that offers monetary support to jobless individuals who fulfill specific qualifying criteria.
Bank Deposit Insurance
A protection scheme for bank depositors, ensuring their deposits are safe up to a certain limit in case of bank failure.
- Understand the impact of the New Deal and subsequent economic policies on the United States economy.
Verified Answer
ZK
Zybrea KnightMay 05, 2024
Final Answer :
D
Explanation :
Unemployment insurance, bank deposit insurance, and regulation of the stock market were all part of the New Deal. While wage and price controls were briefly implemented during World War II, they were not a significant part of the New Deal policies.
Learning Objectives
- Understand the impact of the New Deal and subsequent economic policies on the United States economy.
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