What Was the Purpose of the President Hoover's Reconstruction Finance

question 40

Multiple Choice

What was the purpose of the President Hoover's Reconstruction Finance Corporation,created in 1932?

• A) Assisting the millions of Americans who had lost their jobs
• B) Aiding rural black southerners who had been in an agricultural depression for years
• C) Lending money to endangered American banks,insurance companies,and railroads
• D) Shoring up faltering West Coast shippers plying the Pacific trade

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Definitions:

Management Rights

The entitlements or prerogatives of management to make decisions regarding the operation of a business and the management of its employees.

Business Unionism

A type of unionism whose mission is to protect workers, increase their pay, improve their working conditions, and help workers in general; it recognizes that a union can survive only if it delivers a needed service to its members in a businesslike manner.

Collective Agreements

Contractual agreements between employers and a group of employees, typically negotiated by unions.

Strike Action

The collective refusal of employees to work, aimed at protesting against employment conditions or bargaining for better terms.