QUESTION IMAGE
Question
this provided a pension for retired workers and their spouses and aided people with disabilities, poor mothers with dependent children, and the needy elderly.
federal emergency relief administration
federal deposit insurance corporation
federal writer’s project
social security act
after the stock market crash, how did president hoover try to help the economy?
by closing banks
by lowering foreign tariffs
by funding handouts of food and clothing
by asking businesses not to lay off employees
what is october 29, 1929 known as?
a) black monday
b) black thursday
c) black tuesday
d) black friday
First Question:
The Social Security Act established programs for pensions for retired workers, aid for the disabled, poor mothers with children, and needy elderly. The other options: Federal Emergency Relief Administration focused on immediate relief, Federal Deposit Insurance Corporation insures bank deposits, and Federal Writer’s Project was a cultural program.
Hoover asked businesses to voluntarily not lay off employees to stabilize the economy. Closing banks was not his approach (FDR later did bank holidays), he raised tariffs (Smoot - Hawley), and he was against direct handouts, favoring voluntary aid.
October 29, 1929, is known as Black Tuesday, when the stock market crashed severely. Black Monday was 1987, Black Thursday was October 24, 1929 (start of crash), and Black Friday is a shopping day.
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D. Social Security Act