To Prevent Future Financial Crises Like the Stock Market Crash

question 8

Multiple Choice

To prevent future financial crises like the stock market crash of 1929, in the 1930s Congress:

• A) passed the Glass-Steagall Banking Act.
• B) passed the Bubble Act.
• C) passed the Hastings Banking Act.
• D) formed the Congressional Budget Office (CBO).

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Definitions:

Motivational Theory

A psychological framework that seeks to understand what drives individuals to initiate, direct, and persist in specific behaviors.

Behavioral Theory

A theory that focuses on observable behaviors, suggesting that all behaviors are learned through interaction with the environment.

Path-goal Theory

A leadership theory that suggests leaders should adjust their leadership style according to the situation to help followers achieve their goals and navigate obstacles.

Directive Behaviors

Leadership actions that involve giving explicit instructions and directions to followers, typically focusing on task accomplishment.