New Deal Programs Review

What was the cause of the FDIC and was it successful?

• To provide stability and protect banking systems; Yes, it was successful.

• To increase bank profits; No, it was not successful.

• To reduce taxes; Yes, it was successful.

• To eliminate small banks; No, it was not successful.

What act started the SEC?

• Securities Exchange Act in 1934

• Securities Act of 1933

• Investment Company Act of 1940

• Sarbanes-Oxley Act of 2002

What is one of the goals of the SEC's programs?

• To increase taxes on investments

• To restore investors' confidence

• To eliminate stock markets

• To reduce government spending

What outcome did the SEC's programs achieve?

• Increased market crashes

• Restored investors' confidence

• Decreased investment protection

• Reduced economic relief

What is the main purpose of the Social Security Administration (SSA)?

• To provide financial support to retired workers

• To increase taxes for all citizens

• To offer free healthcare to everyone

• To build new infrastructure

What is one result of the Social Security Administration's efforts?

• Increased poverty among the elderly

• A sense of financial security

• Higher unemployment rates

• Decreased life expectancy

What do employees do during their working years according to the SSA?

• Pay a small amount of their paycheck to the government

• Receive benefits immediately

• Work without any deductions

• Pay no taxes

What does the SSA provide for those with disabilities?

• No support

• Financial support

• Free housing

• Free education

What is one of the outcomes of the SSA's efforts?

• Increased poverty among the elderly

• Reduced poverty among the elderly

• Higher taxes for everyone

• Decreased financial security

What was the main aim of the Civilian Conservation Corps (CCC)?

• To provide jobs for young men while conserving natural resources

• To build factories and increase industrial production

• To promote international trade

• To develop new technologies