QUESTION IMAGE
Question
created through the glass - steagall banking act of 1933, this originally protected up to $5000 of an individual’s bank account.
- emergency banking relief act
- federal deposit insurance corporation
- federal securities act
- securities and exchange commission
how did fdr respond to the supreme court striking down some of his new deal programs?
- a) he abandoned the new deal entirely
- b) he appointed new justices to the court over time
- c) he ignored the court’s rulings
- d) he proposed reducing the court’s power
what was a major criticism of the new deal from conservatives?
- a) it did not provide enough relief
- b) it interfered too much with the free market
- c) it focused too heavily on urban areas
- d) it neglected infrastructure development
First Question:
The Glass - Steagall Banking Act of 1933 created the Federal Deposit Insurance Corporation (FDIC), which was established to protect bank deposits. The Emergency Banking Relief Act was about reopening banks, the Federal Securities Act regulated the stock market, and the Securities and Exchange Commission was for overseeing the stock market. So the correct option is related to FDIC.
When the Supreme Court struck down some New Deal programs, FDR's response was to appoint new justices over time (through normal judicial appointments as vacancies occurred) to influence the court's decisions. He did not abandon the New Deal, ignore the rulings, or propose reducing the Court's power in a way that was successful or the main response.
Conservatives criticized the New Deal for interfering too much with the free market, as they believed in limited government intervention in the economy. The other options: not providing enough relief was more of a liberal or left - leaning criticism, the New Deal was not focused too heavily on urban areas, and it did not neglect infrastructure development (in fact, it had many infrastructure projects).
Snap & solve any problem in the app
Get step-by-step solutions on Sovi AI
Photo-based solutions with guided steps
Explore more problems and detailed explanations
B. Federal Deposit Insurance Corporation