The New Deal Program of the Following Agency Represented the Most

question 44

Multiple Choice

The New Deal program of the following agency represented the most economically complex, managerially ambitious, and unsuccessful New Deal effort to achieve recovery and reform the entire American economy.

• A) Public Works Administration
• B) National Recovery Administration
• C) Tennessee Valley Authority
• D) National Labor Relations Act (Wagner Act)
• E) Social Security Administration

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Definitions:

Noncash Assets

Assets owned by a business or individual that are not in the form of cash but can be converted into cash within a year, such as inventory, bonds, or property.

Capital Account

An account showing the net worth of a business, influenced by owner's contributions, withdrawals, and the business's earnings or losses.

Partners' Equity

The interest or claim that partners have in the assets of a business, equal to the total assets minus liabilities and other equities.

Equity

The amount of money that would be returned to shareholders if all of the assets were liquidated and all of the company's debt was paid off.