QUESTION IMAGE
Question
created in 1934, this continues to monitor the stock market and enforce laws regarding the sale of stocks?
a)federal deposit insurance corporation
b) securities and exchange commission
c) federal deficit
d) social security act
created under the wagner act, this continues to act as a mediator in the disputes between unions and employers?
a) social security act
b) federal deposit insurance corporation
c) tennessee valley authority
d) national labor relations board
how did the social security act fundamentally change the role of the federal government?
a) it eliminated all state welfare programs
b) it assumed greater responsibility for citizens social welfare
c) it privitized all pension plans
d) it reduced government involvement in citizens lives
First Question:
The question is about an entity created in 1934 to monitor the stock market and enforce stock - sale laws. The Federal Deposit Insurance Corporation (A) insures bank deposits. The Federal Deficit (C) is about government spending vs revenue. The Social Security Act (D) is about social welfare. The Securities and Exchange Commission (SEC) was created in 1934 for stock market regulation.
The question is about an entity created under the Wagner Act to mediate union - employer disputes. The Social Security Act (A) is for social welfare. The Federal Deposit Insurance Corporation (B) insures deposits. The Tennessee Valley Authority (C) is for regional development. The National Labor Relations Board (NLRB) was created under the Wagner Act to handle labor - management disputes.
The question is about how the Social Security Act changed the federal government's role. Option A is wrong as it didn't eliminate state welfare. Option C is wrong as it didn't privatize pensions. Option D is wrong as it increased government involvement. The Social Security Act made the federal government take on more responsibility for citizens' social welfare.
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B) Securities and Exchange Commission