What Economic Policy Was Embraced by Roosevelt as a Way

question 43

Multiple Choice

What economic policy was embraced by Roosevelt as a way of fighting the depression?

• A)Increasing tariffs even higher
• B)Cutting government spending to the bone
• C)Lowering tax rates
• D)Embracing increased government spending to increase purchasing power
• E)Socialistic nationalization of industries

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Definitions:

Active Approaches

Strategies or methods that involve direct engagement and proactive efforts in problem-solving or conflict resolution.

Involvement

The degree of personal commitment, engagement, or participation an individual has in a particular activity, organization, or cause.

Principle Of Scarcity

Refers to the economic principle that limited supply combined with high demand results in increased value.

Alliances

refer to formal agreements or partnerships between countries, organizations, or individuals to cooperate for specific purposes, often mutual defense or interest.