HISTORY
THE WORLD BETWEEN THE WARS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The U.S issued a stimulate package that created social security, regulated the stock market, and created a central banking system that would be insured by the FDIC.
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The U.S planned to help out big business with stimulate packages that was aimed at boosting U.S corporations. The U.S also sought to reduce regulations on the stock market and federal reserve.
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The U.S sought to create social packages that allowed citizens to rely on the government. This allows american to spend less time at work and more time at home.
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None of the above
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Detailed explanation-1: -When the country is in a recession, the government will increase spending, reduce taxes, or do both to expand the economy. When we’re experiencing inflation, the government will decrease spending or increase taxes, or both.
Detailed explanation-2: -Key Takeaways. The Federal Reserve has a dual mandate from Congress to maintain full employment and price stability in the U.S. economy. To help accomplish this during recessions, the Fed employs various monetary policy tools to suppress unemployment rates and reinflate prices.
Detailed explanation-3: -After the fall of France in June 1940, the United States increasingly committed itself to the fight against fascism. Ironically, it was World War II, which had arisen in part out of the Great Depression, that finally pulled the United States out of its decade-long economic crisis.
Detailed explanation-4: -The Fed responded to the crisis with a four-pronged strategy. First, it flooded the banking sector with liquidity. Second, it invoked emergency powers granted to it during the Great Depression to lend to financial institutions other than banks. Third, it quickly cut the funds rate to zero.