Problemas
Which New Deal program attempted to protect Americans from the instability of banks during the Great Depression? A Works Progress Administration B Federal Deposit Insurance Corporation C Agricultural Adjustment Administration D Tennessee Valley Authority
Roztwór
Diego
élite · Tutor durante 8 años
4.6
(244 Votos)
Respuesta
B. Federal Deposit Insurance Corporation
Explicación
## Step 1The question is asking about the New Deal program that was designed to protect Americans from the instability of banks during the Great Depression. The New Deal was a series of programs and projects instituted during the Great Depression by President Franklin D. Roosevelt.## Step 2The options provided are:A. Works Progress AdministrationB. Federal Deposit Insurance CorporationC. Agricultural Adjustment AdministrationD. Tennessee Valley Authority## Step 3Among these options, the Federal Deposit Insurance Corporation (FDIC) was established in 1933 as a part of the New Deal. The FDIC was created to provide stability to the economy and prevent future banking crises by providing deposit insurance, which guarantees the safety of depositor's accounts in member banks up to $250,000.## Step 4The other options, such as the Works Progress Administration, the Agricultural Adjustment Administration, and the Tennessee Valley Authority, were also part of the New Deal, but they were not specifically designed to protect Americans from the instability of banks.