Which of the Following Is Not an Action Taken by Congress

question 47

Multiple Choice

Which of the following is not an action taken by Congress in the 1930s to prevent future financial crises?

• A) Passage of the Glass-Steagall Banking Act
• B) Formation of the SEC
• C) Formation of the FDIC
• D) Passage of the Federal Reserve Act

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Definitions:

New Market

Refers to either a completely unexplored market sector or geographic area where a product, service, or business can expand.

Certain Environment

A specific or defined setting or context in which activities or operations occur.

Factual Information

Data or details that are true and can be verified through evidence or observation, as opposed to opinions or interpretations.

Intuitive Thinking

A cognitive process that involves making decisions or solving problems based on feelings and perceptions without explicit reasoning.